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August 30: Revised Q2 GDP Growth Came in Higher Than Expected at 3%

2018-07-04T19:37:49+00:00

Real gross domestic product increased 3.0 percent in the second quarter of 2017, according to the “second” estimate released by the Bureau of Economic Analysis. The growth rate was 0.4 percentage point more than the “advance” estimate released in July. In the first quarter, real GDP increased 1.2 percent.

August 30: Revised Q2 GDP Growth Came in Higher Than Expected at 3%2018-07-04T19:37:49+00:00

August 17: The New York State Department of Labor reported that more than 21,000 jobs were added in the state in July.

2017-08-22T19:57:37+00:00
The New York State Department of Labor reported that more than 21,000 jobs were added in the state in July.  Over the past year total state employment is up 1.5 percent, matching the 1.5 percent job growth rate nationwide.  Growth in the state was helped by a strong expansion of jobs in New York City. Read
August 17: The New York State Department of Labor reported that more than 21,000 jobs were added in the state in July.2017-08-22T19:57:37+00:00

How Bad Will It Be If We Hit the Debt Ceiling?

2018-07-04T19:37:50+00:00

Paul Krugman
August 19, 2017

The odds of a self-inflicted US debt crisis now look pretty good: hard-line Republicans are eager to hold the economy hostage, Democrats are in no mood to make concessions, and Trump is both spiteful and ignorant. So it looks fairly likely that by October or so there will come a day when... Read more

How Bad Will It Be If We Hit the Debt Ceiling?2018-07-04T19:37:50+00:00

August 04: Total Employment Increased by 209,00 in July, and the Unemployment Rate Was Little Changed at 4.3 Percent

2017-08-18T17:58:17+00:00

Total nonfarm payroll employment increased by 209,000 in July, and the unemployment rate was little changed at 4.3 percent, the U.S. Bureau of Labor Statistics reported today. Employment increased in food services and drinking places, professional and business services, and health care. Read more

August 04: Total Employment Increased by 209,00 in July, and the Unemployment Rate Was Little Changed at 4.3 Percent2017-08-18T17:58:17+00:00
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