by admin Published: October 29,2010
The government’s latest reading on economic growth offers little benefit to Democrats who face deep losses in Tuesday’s elections. The economy grew slightly faster last summer as Americans spent a little more – but far too little to reduce the high unemployment that is frustrating voters. The Commerce Department said Friday that the economy expanded [...] [...]
by admin Published: April 30,2010
Tags: Gross Domestic Product
Stocks fell Friday after the government said the economy grew at a slightly slower pace in the first quarter than was expected. A drop in consumer sentiment contributed to the selling. The gross domestic product rose at a 3.2 percent annual pace in the January-March period. Economists forecast GDP would rise 3.4 percent. While the [...] [...]
by Amy Gillentine Published: January 27,2010
Tags: Gross Domestic Product, increases, India
India’s economic growth is likely to return to pre-crisis levels in the next fiscal year, driven by strong industrial and agriculture growth. The Centre for Monitoring Indian Economy expects Asia’s third largest economy’s gross domestic product to grow by 9.2 percent during 2010, up from 6.9 percent in 2009. “In fiscal 2010/11, real GDP growth [...] [...]
by Amy Gillentine Published: January 7,2010
Tags: Centers for Medicare and Medicaid Services, Gross Domestic Product, health care spending, hospitals, insurance premiums
Nominal health spending in the United States grew 4.4 percent in 2008, to $2.3 trillion, or $7,861 a person, according to data from the Centers for Medicare and Medicaid Services. The number is the lowest since CMS started tracking expenditures during 1960. However, health care spending continues to outpace overall economic growth, which grew by [...] [...]
by Rob Larimer Published: June 2,2009
Tags: Gross Domestic Product
While most state’s economic growth slowed last year, Colorado’s growth of 2.9 percent remained comparatively strong, ranking fourth in the nation. North Dakota ranked first with 7.9 percent growth, Wyoming second with 4.4 percent and South Dakota third with 3.6 percent. Real GDP growth slowed in 38 states, with downturns in construction, manufacturing, and finance [...] [...]
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