Topic: U.S. Bureau of Economic Analysis
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Top 10 metros for job growth
Some metropolitan areas have a booming jobs market, thanks to energy, manufacturing, or sometimes just the right mix of highly diversified industries. Here's a look at the 10 metros that have seen the largest percentage increase in jobs over the past 12 months:
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Top 5 fastest-growing states
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The New Economy Dow passes 15000. Now what?
With the Dow Jones Industrial Average hitting the 15000 milestone and economic signals flashing continued growth, the case for bull market optimists looks stronger. But there are reasons to be cautious about a retrenchment of the Dow.
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Strong rise in consumer spending caps good week in economic news
Consumer spending went up, so did income and economic output. Consumer confidence was mixed, while home sales took a breather. Here's a roundup of what happened in economic news this week.
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Energy Voices Are high oil prices pushing us towards debt limits?
The US is reaching debt limits because of a specific resource limit – lack of inexpensive oil, Tverberg writes.
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Did 'sequester' backfire? Obama calls for 'smarter solution.'
President Obama asks Congress to pass limited spending cuts and tax reforms to avoid the March 1 sequester – and buy time for a long-term deal on deficit reduction. Republicans aren't impressed.
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Michigan to join 'right to work' states. A blow to unions?
Michigan is set to become the 24th state with a 'right to work' law prohibiting unions from collecting fees from nonunion workers. Data on such laws' economic impact are mixed.
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Top 10 metros for job growth
Some metropolitan areas have a booming jobs market, thanks to energy, manufacturing, or sometimes just the right mix of highly diversified industries. Here's a look at the 10 metros that have seen the largest percentage increase in jobs over the past 12 months:
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Energy Voices Oil and the 'fiscal cliff'
Tverberg explores the connection between changes in the oil market and growing concern of the 'fiscal cliff.'
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Paper Economy GDP up in Q2
The economy continued to expand in Q2 with real GDP increasing at a tepid annualized rate of 1.3% from Q1 2012, according to the Bureau of Economic Analysis.
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Energy Voices Recession and jobs: Is energy the driver?
Economic and job growth are closely tied to energy consumption. While jobs can grow faster than energy use when efficiency kicks in, the cost may be lower wages.
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Focus Public-sector belt-tightening: thrift, or long-term drag on US economy?
Since June 2009, 504,000 jobs have been cut among municipal employees. Public-sector reductions at the local level have subtracted almost a quarter of a percentage point from annual GDP each of the past four years.
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Tax VOX State and local budget cuts hurt the recovery
Weak government spending continues to hamper the economy, according to a recent study.
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Donald Marron Two heavyweights of economic statistics released this week
The two heavyweights of economic statistics are released this week, but the with both the job market stats and numbers on economic growth, competing systems of data collection and presentation can sometimes create confusion.
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Paper Economy Rough first quarter GDP shows 2.08 percent growth
The first estimate of the first quarter Gross Domestic Product shows that on a year-over-year basis, real GDP increased 2.08 percent while the quarter-to-quarter non-annualized percent change was 0.55 percent.
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GDP report puts Obama in economic 'gray zone.' Will Republicans profit?
GDP increased at a 2.2 percent annual rate in the first quarter, Commerce Department said Friday. That's below economists' expectations. The news gives Republicans ammunition against Obama.
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Paper Economy GDP report: US economy is expanding
The economy may be growing at a faster rate than initially thought, with the real GDP expanding at an annualized rate of 3 percent from the third quarter of 2011.
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Paper Economy GDP report: Economy is growing
The fourth-quarter GDP report indicated that the economy is growing at a faster pace than originally thought, with real GDP increasing at an annualized rate of 3.0 percent from the third quarter of 2011.
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GDP grew 2.8 percent last quarter, but momentum still weak
The fourth quarter 2.8 percent GDP increase represents a pickup from the 1.8 percent pace seen in the prior quarter, but it was lower than economists expected. And unemployment remains high.
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Low rates squeeze savers. Should Fed hike them?
Low rates are supposed to stimulate the housing market, but haven't done much so far. Low rates are hurting retirees, however.
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Who's more productive: Switzerland or Wyoming?
Contrary to arguments that European social democracy is a success, a new ranking of US versus European states has American states ahead of fabled European powers.
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Top 5 fastest-growing states
After a couple dreary years, the economies of most states began to grow again in 2010. Forty-eight of the 50 states showed a gain in gross domestic product, according to new data from the Bureau of Economic Analysis. (Click ahead to see which two states did not grow.) The US as a whole saw GDP grow by 2.6 percent last year. But some states more than doubled that rate, thanks to gains in durable goods manufacturing, retail trade, finance, and insurance. Here's a look at the Top 5 fastest-growing states:
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Best US cities for college graduates
This annual ranking of the best cities for college graduates includes Fayettville, N.C. (No. 1), Omaha, Neb. (No. 2), and Oklahoma City (No. 3). Is your city on the Daily Beast list of 25 places for those seeking low rents, cheap eats, good job prospects, and decent pay?
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Oil stocks rise, oil prices fall
Oil stocks are climbing globally, which is sending oil and gasoline prices lower. One factor behind rise in oil stocks: a resurgent Iraq.
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Will Zanran be the Google for data?
The beta version of a data search engine is up and running. It has enormous potential, but it's still got some glitches.
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Consumer spending is up: Are Americans enjoying a post-recession holiday?
Consumer spending this holiday season is higher in all retail categories. Debt is down, disposable income is up, and analysts say recession-weary shoppers are 'tired of being afraid.'
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A silver lining in second quarter GDP
While the second quarter GDP report shows that the economic growth has slowed, consumers, along with businesses and governments increased their purchases.
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