Today, the recession that resulted, which lasted until 1975, is often remembered for its “stagflation,” a rare and dreaded combination of stagnating or shrinking growth, rising inflation, and rising unemployment. In many advanced economies, GDP growth turned negative, while inflation and ...
Net zero is an ideal state where the amount of greenhouse gases released into the Earth’s atmosphere is equal to the amount removed. Emission removal and reduction through decarbonization efforts are needed to reach net zero.
In this image from video, former Minneapolis police Officer Derek Chauvin, center, is taken into custody as his attorney, Eric Nelson, left, looks on, after the verdicts were read at Chauvin's trial for the 2020 death of George Floyd, Tuesday, April 20, 2021, at the Hennepin County...
Highly Recommended: Rob Vinall’s 2024 letter is out Paul Singer is a very rare Podcast guest. So if he appears, do listen/watch. A true “living legend”. Heat waves and droughts are really bad for GDP in the mid- to long term Flyover Stocks with a great post on how capital cycles...
PPI measures inflation from the viewpoint of the producers, which is the average selling price they receive for their output over a period of time. Meanwhile, CPI measures prices from the standpoint of the consumer.45 GDP Deflator The U.S.Bureau of Economic Analysis(BEA) uses thegross domesti...
In 2017, the U.S. spent over 17% of its GDP on health care, a considerably greater proportion than most other high-income countries. In the secondary application or during an interview, medical school applicants may be prompted to comment on the cu...
Whether NAFTA helped the U.S. economy is a matter of some debate. Trade among the United States and its North American neighbors more than tripled, from roughly $290 billion in 1993 to more than $1 trillion in 2011. Cross-border investments also surged, and U.S. GDP overall rose slight...
Yet one lesson consistently emerges through the scientific fog: The current economic fallout from climate change is nothing compared to what the planet faces if temperatures continue to rise. Here are some of the major economic, environmental and social effects experts say the U.S. and other coun...
The national average cost of child care is about $9,000 to $9,600, according to the 2018 report from Child Care Aware of America. But experts note that those figures don't tell the whole story. What you'll spend on child care expenses, including infant care or day care, will vary ...
The United States of America exports almost $1.5 trillion worth of goods globally each year. This figure has recovered and risen by over 37% since 2009 when the global financial crisis caused a dramatic downturn in trade figures. The International Monetary Fund economic outlook for the U.S sugg...