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The monumental task of measuring the GDP over and over again

Sep 28, 2023
The keepers of GDP continually update their calculations as more information becomes available.
Measuring the economy requires continually revising data as more data becomes available.
Stephane de Sakutin/AFP via Getty Images

What the Fed's Summary of Economic Projections can reveal

Sep 20, 2023
The quarterly report gives clues about how members of the Federal Open Market Committee see the economy and what future steps they might take.
In addition to an announcement on interest rates, the Federal Reserve will release its Summary of Economic Projections on Wednesday.
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The economy apparently shrank and grew at the same time

Sep 15, 2023
Depending on how you measure it, the economy either grew or shrank, according to BEA statistics.
Gross domestic product, or GDP, and gross domestic income, or GDI, are different ways to measure the economy.
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Why Birkenstock's IPO filing is encouraging for investors

Sep 13, 2023
The supportively soled shoe brand is the latest company to file to sell stock to the public after a long IPO drought. The move indicates a stable, confident market.
Birkenstock, the German maker of comfortable footwear, will sell shares on the New York Stock Exchange, signaling a stable financial environment.
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Let's ask our crystal ball: Where will inflation be in 6 months?

Sep 13, 2023
While inflation for goods may be back to pre-pandemic levels then, higher inflation for services could stick around.
With "good weather and the continuing availability of food," food inflation could trickle lower in six months, says Jake Hanley of investment firm Teucrium ETFs.
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Why are businesses pessimistic about the economy?

Sep 12, 2023
In August, for the 20th straight month, business owners scored their outlook below average.
Rising labor costs and the inflation of prices for necessary goods are two factors making business owners less optimistic.
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What do rising corporate bankruptcies say about the economy?

Sep 8, 2023
Some bankruptcies reflect fallout from the financial crisis more than a decade ago.
Corporate bankruptcies have been on the rise for more than a year. Retail chain Christmas Tree Shops, above, filed for bankruptcy in May.
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For public good, not for profit.

Labor market weakens for young, less educated workers

Sep 8, 2023
What that might mean for them and for the economy at large.
Young adults without diplomas are "canaries in the coal mine," said Bill Rodgers at the Federal Reserve Bank of St. Louis. "When the economy slows down, they tend to be the first ones to lose their jobs.”
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An inverted yield curve usually signals recession. Is it wrong this time?

Sep 7, 2023
For well over a year, the interest paid by long-term Treasury bonds has been lower than that of shorter-term debt. But a recession hasn't happened yet.
When the yield curve inverts, it indicates that bond investors are betting on a coming recession.
Angela Weiss/AFP via Getty Images

When it comes to measuring economic welfare, GDP doesn't cut it

Sep 1, 2023
Gross domestic product has been the standard measure for economic growth since 1944, but it doesn't measure the quality of life.
GDP has been a global standard for measuring economic growth since 1944, but it doesn't measure economic welfare.  
Stefani Reynolds/AFP via Getty I ages