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The economic growth rate is typically calculated as real Gross domestic product (GDP) growth rate, real GDP per capita growth rate or GNI per capita growth. The "rate" of economic growth refers to the geometric annual rate of growth in GDP or GDP per capita between the first and the last year over a period of time. This growth rate represents ...
The good news: The American consumer is still driving the economy. Consumer spending increased a robust 4.2% at an annual rate following a 3.7% rise in the third quarter. Consumption makes up ...
A version of this post first appeared on TKer.co. Stocks closed higher last week with the S&P 500 gaining 2.3%. The index is now up 15.9% year to date, up 24.4% from its October 12 closing low of ...
The US economy just got its latest health check, and it looks promising.. Gross domestic product, which measures all the goods and services produced in the economy, registered at a robust 2.8% ...
Growing the Pie refers to a theory that free market economics grow the size of every slice, and thus raises the standard of living for all participants. This theory proposes that growing the pie is better than redistribution of pie through a centrally controlled economy. Growing the pie is related to the concept of economic liberalism.
An economy [a] is an area of the production, distribution and trade, as well as consumption of goods and services. In general, it is defined as a social domain that emphasize the practices, discourses, and material expressions associated with the production, use, and management of resources. [ 3 ]
Overall, the economic growth data over the past month hasn't swayed markets on what the Fed will do in November, with traders currently pricing in a 95% chance the central bank lowers interest ...
Therefore, a company's growth is considered necessary to ensure the survival of the company ("grow or die" [16] [17]): "investment is not an option, or a discretionary decision, it is an imperative that constrains every capitalists' actions and governs the overall economy" [26] Correspondingly, some authors argue that the compulsion to grow can ...