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#1
05-04-2005, 10:28 AM
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So, Tell me how the Economy is doing
So I had a short paper due this morning that I forgot about. I'd like to turn something in later today. Can anyone tell me how the following are doing...
- Real GDP - Unemployment - Inflation - Interest rate - Productivity - Gov't budget deficit - Foreign trade ... Any help, even one word answers, would be greatly appreciated. 'Stosh 
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#2
05-04-2005, 11:11 AM
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Re: So, Tell me how the Economy is doing
[ QUOTE ]
- Real GDP [/ QUOTE ] Not sure, haven't seen the numbers lately. [ QUOTE ] - Unemployment [/ QUOTE ] VERY low. [ QUOTE ] - Inflation [/ QUOTE ] Still basically 0, but apparently is showing some signs it might increase which is worrying some on Wall Street. [ QUOTE ] - Interest rate [/ QUOTE ] Rising, but still VERY low when looked at in historical perspectives. [ QUOTE ] - Productivity [/ QUOTE ] High, if I remember correctly. [ QUOTE ] - Gov't budget deficit [/ QUOTE ] Just about record high. However, not sure if its anywhere near the historical highs. (when adjusted to inflation) [ QUOTE ] - Foreign trade [/ QUOTE ] Terrible. Record (both real and historical) deficits.
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#3
05-04-2005, 12:09 PM
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Re: So, Tell me how the Economy is doing
[ QUOTE ]
So I had a short paper due this morning that I forgot about. I'd like to turn something in later today. Can anyone tell me how the following are doing... - Real GDP [/ QUOTE ] Up 3.1% unrevised last quarter [ QUOTE ] - Unemployment [/ QUOTE ] 5.2% [ QUOTE ] - Inflation [/ QUOTE ] About 3% I believe. [ QUOTE ] - Interest rate [/ QUOTE ] What interest rates? Yield curve is flat basically. The spread between 2 yr treasurys and 10 year treasurys is around 50 basis points. Long term interest rates are low historically. [ QUOTE ] - Productivity [/ QUOTE ] Don't remember the exact number www.bls.gov will have it and lot of other stats. Productivity is high though. [ QUOTE ] - Gov't budget deficit [/ QUOTE ] Smaller than projected. A report came out yesterday that tax revenues were 20% higher than expected and that the government has actually payed down on the debt during the last 3 months I believe which means that net the amount of the total debt owed decreased. [ QUOTE ] - Foreign trade [/ QUOTE ] Negative. The trade defecit in absolute terms is at record highs. Imports much greater than exports. [ QUOTE ] ... Any help, even one word answers, would be greatly appreciated. 'Stosh [/ QUOTE ]
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#4
05-04-2005, 12:19 PM
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Re: So, Tell me how the Economy is doing
Thank you both very, very much. That should be plenty enough to complete the assignment. I am an idiot for forgetting about it, but my prof hadn't mentioned it in over a month. 'Stosh
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#5
05-04-2005, 12:20 PM
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Re: So, Tell me how the Economy is doing
This is national, mind you.
GDP: 3.1 in Q1 of 2005 Unemployment: 5.2% Inflation: 3.15% Interest: 2.5-3% (Not exactly sure) Productivity: 3.6 (I think) Deficit: $390B Not sure what you're looking for as far as trade... Hope that helps. Remember: google=god [img]/images/graemlins/grin.gif[/img]
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#6
05-04-2005, 01:58 PM
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Re: So, Tell me how the Economy is doing
- Real GDP
Healthy growth rate. - Unemployment Long run average - Inflation Creeping up due to oil - Interest rate Creeping up because of above - Productivity Very high productivity increases - Gov't budget deficit Abysmal - Foreign trade Abysmal If you want more then that do your own paper.
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#7
05-05-2005, 04:02 AM
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Thin air
[ QUOTE ]
Thank you both very, very much. That should be plenty enough to complete the assignment. [/ QUOTE ] Wouldn't you need to sorta back up those figures you're gonna give?? Are you just gonna copy what Adios gave you? No sources or anything? Do a web search for pete's sakes. But this maybe your Economics class. Then it's alright, you're on your way. [img]/images/graemlins/cool.gif[/img]
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Linear Mode
