according to the survey, including a 0.7% decline in the second quarter and flat readings in the first and third quarters. Consumer spending, which accounts for about two-thirds of total GDP, is projected to barely grow in the middle half of the year....
Economic Impact:Since 1980, Intel has invested $16.7 billion in New Mexico and currently contributes $1.2 billion annually to New Mexico’s GDP. Ohio: Building the Silicon Heartland Intel’s greenfield investment of more than $20 billion to build two new leading-edge fabs in Ohio marks the si...
Since 1929, wars, recessions, and a global pandemic have driven unemployment up. At other times, the health of the U.S. economy has sent unemployment to record heights. When looking at the unemployment rate by year, you can see how it compares to GDP and inflation at the time. ...
Year over year log change in Real Corporate Profits (sourced from BEA) deflated by the GDP chain-linked deflator d. [Year over year log change in Real Non-farm Unit Labor Costs (sourced from BLS series PRS85006113): Unit Labor Costs]Footnote 2 Fig. 1 Data and wavelet power spectra: U3...
economy. AAHOA’s 20,000 members own 60% of the hotels in the United States and are responsible for 1.7% of the nation’s GDP. More than one million employees work at AAHOA member-owned hotels, earning $47 billion annually, and member-owned hotels support 4.2 million U.S. jobs across ...
it seems that until the early 1990s the US household savings rate tended to hover somewhere between 6% and 10% of GD, except for a brief period in the mid-1970s when it exceeded that level. Since then, as is well known, the US savings rate has declined, to around 2-3% of GDP. ...
Since 2018, the US has selectively imposed tariffs on steel and aluminum products from its global trading partners under the guise of "national security". The World Trade Organization has ruled that the US measures violate global trade rules, t...
The H1 GDP data thus confirms Prof Martin Feldstein’s fears that the US is now close torecession. Shipping markets are also very worrying. The main Asia-USshipping indexhas fallen 9% since April, as US retailers cut back on orders. Last year, it surged 56% in this key period. ...
Democrats have occupied the White House in 26 of the 62 years since 1948. Average GDP growth in the country over those 26 years has been 4.01%. Republicans have occupied the White House in 36 of the 62 years since 1948. Average GDP growth over those 36 years has been 2.75%. ...
A Bloomberg Barclays index of Treasuries maturing in 10 years or longer tumbled 13.5 per cent on a total return basis in the three months ending Wednesday, marking the worst quarter since 1980. The losses are particularly pronounced given the historically low levels of yields since the Fed pulled...