GDP Falls The Most Since 1982
The Gross domestic product numbers were released today and the numbers fell further than expected for the fourth quarter of last year.
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Archive for the 'Gross Domestic Product' Category (Chronologically Listed)
GDP Shrinks At Fastest Pace Since 1982
The Gross Domestic Product fell 3.8 percent last quarter of 2008 according to the report released today.
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Posted by Ryan Fiore on Jan 30 2009 under Economy, Gross Domestic Product
Federal Reserve Expected to Cut Rates .5 Percent Today
At 2:15 PM today the Federal Reserve is expected to drop rates by a half of a point as part of an ongoing effort to combat the effects of the housing slump and credit crunch on the economy.
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Posted by Ryan Fiore on Jan 30 2008 under Ben Bernanke, Federal Reserve, Gross Domestic Product, Housing Market, Mortgage Rates
Economic Growth Drops to Five Year Low
The gross domestic product, which measures total goods and services output within US borders, hit a weaker than expected five year low of .6% in the fourth quarter of 2007.
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Posted by Ryan Fiore on Jan 30 2008 under Ben Bernanke, Federal Reserve, Gross Domestic Product, Housing Market