When it comes to measuring the strength of the economy, one of the most important metrics to watch is the gross domestic product, or GDP. This week, the Commerce Department announced the U.S. had ...
The U.S. economy, since 2009, has experienced puzzling behavior. Labor markets, corporate profits, the stock market and company as well as individual balance sheets have turned in strong performances.
James Chen, CMT is an expert trader, investment adviser, and global market strategist. Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician ...
One of the harder economic concepts to embrace is that tax revenues, as a percentage of GDP, are often lower when rates are higher, and higher when rates are lower. Huh? The reason is that high rates ...
U.S. GDP includes four components. Moreover, each component has a specific weighting and hence, a certain level of influence on total GDP. This influence also changes over time based on a number of ...
Are Machine Learning (ML) algorithms superior to traditional econometric models for GDP nowcasting in a time series setting?
When it is growing, especially if inflation is not a problem, workers and businesses are generally better off than when it is not Many professions commonly use abbreviations. To doctors, accountants, ...
As you may have heard, the U.S. inflation rate for June was 9.1 percent. That is, the consumer price index for all items as estimated for June by the Bureau of Labor Statistics was 9.1 percent higher ...