Halfway there

Article Abstract:

The status of the economy mid-way through 1996 and Pres. Bill Clinton's economic score card were evaluated. Gross domestic product grew at 2.3% in the first quarter. Consumer confidence continues to be high as evidenced by 15.7 million units of cars and light trucks sold in May and housing starts which totalled 1.47 million in the first quarter of 1996. Business capital spending is still increasing though at a slower rate. Pres. Clinton's economic policy efforts was rated a 'B' while his policy results were rated an 'A.' Various statistics on employment, interest rates, consumer finance, retail activity and corporate profits were also presented.

Evaluation, Clinton, Bill, Economic policy, Statistics, Gross domestic product, Economic indicators

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The boom continues

Article Abstract:

The economy continues to be strong. Unemployment rate posted in May 1997 is at 4.8%. Consumer spending on durable goods is expected to increase by 4% in the second quarter of 1997. Businesses remain stable, with increases reported from profits and capital spending. Information processing technology accounts for the increases in the stock market and earnings. Investment on technology and equipment increased by more than 30%. There is overall good confidence on the economy.

Gross Domestic Product

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The R-word is heard again

Article Abstract:

The GDP report for the 1st qtr. of 1995 is discussed. GDP increased at a 2.7% real annual rate while consumer spending grew by 1.8%. Housing and residential investments fell at a 2.3% real annual rate while business capital spending remained high. An economic recession is also being foreseen in the future due to signs of weaking in the economy and the cyclical pattern of business.

Recessions

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