Quarterly commentary on the advance estimate of the Bureau of Economic Analysis’ GDP report.
Today’s GDP report—No evidence that the Trump tax cut is working or that the economy has clearly hit full employment
| 9:26 am, April 27, 2018
Today’s data from the Bureau of Economic Analysis (BEA) on growth in gross domestic product (GDP—the widest measure of economic activity) gives us the first look at evidence to assess the effect of the Trump/Ryan tax cut passed at the end of 2017.
Lessons from today’s GDP report: Long-expected rebound in productivity finally seems to be happening, and no reason for Fed to raise rates in their next meeting
Posted on January 26, 2018 | 11:18 am
Strong headline GDP growth number overstates economy’s strength: Actual trend unchanged and price inflation remains extraordinarily weak
Posted on October 27, 2017 | 12:31 pm
Posted on April 28, 2017 | 8:52 am