Nominal and inflation-adjusted ('real') United States Source: S&P Global Property Quarterly change in house prices, inflation-adjusted Q1 Q2 Q3 Q4 2024 -0.55% 0.16% 2023 -1.18% 0.68% 1.40% 1.39% 2022 2.17% -0.43% -1.86% -0.51% 2021 2.10% 2.50% 3.69% 2.46% 2020 0.74% 0.62% 2.80...
The US has the most technologically powerful economy in the world, with a per capita GDP of $59,500. US firms are at or near the forefront in technological advances, especially in computers, pharmaceuticals, and medical, aerospace, and military equipment; however, their advantage has narrowed s...
Note on Adjusting for Inflation In January 2021, I switched from using CPI-U as the inflation deflator to using “CPI-U Less Shelter”. Since Case-Shiller itself directly measures home price inflation, it’s better to use a deflator that doesn’t also incorporate housing price changes. Real ...
For comparative purposes, the growth of the U.S.–China trade deficit between 2001 and 2017 represents a direct loss of 1.5 percent of U.S. GDP in 2017 (authors’ analysis of BEA 2018). Using a macroeconomic model with standard economic multipliers (see Appendix: Methodology in Scott and G...
GOLD: $1195.90 UP $2.30 (COMEX TO COMEX CLOSINGS) Silver: $14.20 UP 4 CENTS (COMEX TO COMEX CLOSING) Closing access prices: Gold $1196.75 silver: $14.19 For comex gold: AUGUST/ And now Sept: NUMBER OF NOTICES FILED TODAY FOR SEPT CONTRACT:
Though the absolute gas price remained steady from 1953 to 1954, consumers overall spent less money during this time, and the GDP contracted 1.9% in the first quarter of 1954. 1955 Three Lions // Getty Images 1955 - Absolute gas price: $0.29- Inflation-adjusted price: $2.79 (#31 most ...
More energy, higher GDP isn’t making us happier. We need to change our values and be happier with less. Hirsch: My personal view is that with these problems, we’re going to have inflation. But we will get through these things and we will prevail! Evening Keynote Opened with a clip...
Socioeconomic statistics, USA, 1900–1940. Unemployment rate (lefty-axis), solid line. Per capita GDP (righty-axis) inflation-adjusted to 1996, dashed line Full size image We use national data on mortality rates by age and sex for the USA, 1900–1940 (U.S. Department of Health 1956). ...