Abstracts » Business, general

How the economy got so good

Article Abstract:

The economy has been better than expected, with consumer spending and business investment in information technology leading real GDP to a real annual rate of 4.5% during 1st qtr 1999. The growth is attributable more to the Fed than to the Internet, technology, and computers, which are normally credited for such growth. Although the quarter just ended is expected to be the year's strongest, prospects for GDP growth for 1999 looks stable, particularly with the favorable American savings rate and the continuous decrease in trade deficit.

Reports, Gross domestic product, Economic indicators

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Waiting

Article Abstract:

The US is seeing a stable economy and a strong job market for the first quarter of 1998. The unemployment rate is at 4.6%, the lowest recorded level within 24 years. Inflation is low, with a reported increase of 1.6% in terms of CPI for the 12 months ending in January 1998. The stock market has had three good years, which is from 1995 to 1997. However, analysts are still worried of the effect of the Asian financial crisis but many still express confidence on the economy, given the low inflation and unemployment rates.

Gross National Product

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Naming the Fed's baby

Article Abstract:

A analysis of the economic slow-down in 2001 is presented, with focus on projecting future trends and performances. Issues regarding consumer spending, productivity and wages are discussed. Particular attention is given to the potential problems of credit quality and oil.

Economic forecasting, Standard & Poor's Corp.

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