Revised estimates for fourth quarter 2012 show U.S. real GDP increasing by an annualized rate of 0.1 percent. Private inventory investment, federal government spending, and exports made negative contributions. The reduction in federal government spending comes after a surge in defense spending during third quarter, as a response to possible sequestration. In addition, Europe’s … [Read more...] about April 2013: Business Indicators
Washoe County economy
March 2013: Business Indicators
First estimates for fourth quarter 2012 show U.S. real GDP decreasing by an annualized rate of 0.1 percent. Private inventory investment, federal government spending, and exports made negative contributions. The reduction in federal government spending comes after a surge in defense spending during third quarter, as a response to possible sequestration. In addition, Europe’s … [Read more...] about March 2013: Business Indicators
February 2013: Business Indicators
The U.S. economy is showing signs of moderate improvement. Revised estimates of U.S. real GDP for third quarter 2012 show an annualized growth rate of 3.1 percent, up from the previous estimate of 2.0 percent. Most of the revision can be attributed to a higher rate of inventory accumulation than previously estimated. Although real GDP growth was higher than the tepid 1.3 … [Read more...] about February 2013: Business Indicators
January 2013: Business Indicators
The U.S. economy is showing signs of moderate improvement. Revised estimates of U.S. real GDP for third quarter 2012 show an annualized growth rate of 2.7 percent, up from the previous estimate of 2.0 percent. Most of the improvement can be attributed to a higher rate of inventory accumulation than previously estimated. U.S. nonfarm employment continues to rise, gaining 146,000 … [Read more...] about January 2013: Business Indicators
December 2012: Business Indicators
The U.S. economy is showing signs of moderate improvement. Estimates of U.S. real GDP for third quarter 2012 show an annualized growth rate of 2.0 percent. Although higher than the tepid 1.3 percent growth rate for second quarter, the third quarter rate is well below the average growth rate of 3.4 percent the U.S. economy experienced from 1947 to 2007. Growth in U.S. real GDP … [Read more...] about December 2012: Business Indicators
November 2012: Business Indicators
The U.S. economy continues to experience weak growth. Recently revised data for U.S. real GDP show an annualized growth rate of 1.3 percent for second quarter 2012, somewhat below the previous estimate of 1.7 percent. Consumer spending drove most of the gains, but it was lower than in first quarter. Business fixed investment and residential investment also made smaller … [Read more...] about November 2012: Business Indicators
October 2012: Business Indicators
The U.S. economy continues to experience slowing growth. Revised data for U.S. real GDP show an annualized growth rate of 1.7 percent for second quarter, somewhat lower than the 2.0 percent rate set in first quarter 2012. Consumer spending drove most of the gains, but it was lower than in first quarter. Business fixed investment and residential investment also made smaller … [Read more...] about October 2012: Business Indicators
September 2012: Business Indicators
The U.S. economy continues to experience slowing growth. Second quarter data for U.S. real GDP show an annualized growth rate of 1.5 percent, lower than the annualized rate of 2.0 percent during first quarter 2012. Consumer spending drove most of the gains, but was much lower than in first quarter. Business fixed investment and residential investment also made smaller … [Read more...] about September 2012: Business Indicators
July 2012: Business Indicators
The U.S. economy is showing signs of slowing growth. Revised data show U.S. real GDP grew at an annualized rate of 1.9 percent during first quarter 2012, which represents a substantial slowing from the fourth-quarter rate of 3.0 percent. Business fixed investment, residential investment and inventories also made positive contributions. Government spending and net exports made … [Read more...] about July 2012: Business Indicators
June 2012: Business Indicators
U.S. real GDP grew at an annualized rate of 2.2 percent during first quarter 2012, representing a substantial slowing from the fourth-quarter rate of 3.0 percent. Government spending, business fixed investment and net exports made negative contributions. U.S. nonfarm employment rose by only 115,000 jobs in April, marking the weakest gain since August 2011. Consumer sentiment … [Read more...] about June 2012: Business Indicators
May 2012: Business Indicators
U.S. real GDP grew at an annualized rate of 3.0 percent during fourth quarter 2011, representing a substantial gain over the third-quarter rate of 1.8 percent. Consumption spending and inventory investment were particularly strong. Residential and business fixed investment slowed. Imports and government spending made negative contributions. U.S. nonfarm employment rose by only … [Read more...] about May 2012: Business Indicators
April 2012: Business Indicators
According to the second estimate, U.S. real GDP grew at an annualized rate of 3.0 percent during fourth quarter 2011, which represents a substantial gain over the third-quarter rate of 1.8 percent. U.S. nonfarm employment rose by 227,000 jobs in January, and the unemployment rate held steady at 8.3 percent as labor force participation increased. Consumer confidence and consumer … [Read more...] about April 2012: Business Indicators
Business Indicators: September 2011
U.S. real GDP grew at an annualized rate of 1.3 percent during second quarter 2011, up from the revised first quarter estimate of 0.4 percent. U.S. non-farm employment increased by an anemic 117,000 jobs (seasonally adjusted) in July, which represents an improvement over the May and June figures of 25,000 and 18,000, respectively. Mostly as a result of declining labor-force … [Read more...] about Business Indicators: September 2011