In addition to updated fourth-quarter projections, today’s announcement includes revised third-quarter 2021 wages and salaries, personal taxes, and government social insurance contributions, all based on new data from the Bureau of Labor Statistics Quarterly Census of Employment and Wages program. Wages and wages climbed by $306.8 billion in the third quarter, up $27.7 billion from […]
How Much Is America’s GDP? Read More »
Remember how shocking it was last spring to learn that the average new-car price had surpassed $40,000? It was a good time. According to KBB, the average price of a new automobile in the United States in December was $47,077. That’s an increase from November’s $46,329 figure. When the average price of a new automobile
What Happens To Car Prices In A Recession? Read More »
Since 1857, the average length of a recession has been less than 17.5 months. Since the days of the Buchanan administration, recessions have been shorter and less severe. The long-term average includes the 1873 recession, a 65-month kidney stone of a dip. The Great Depression, which lasted 43 months, is also included. Recessions have gotten
What Was The Longest Recession? Read More »
The Phillips curve shows that historically, inflation and unemployment have had an inverse connection. High unemployment is associated with lower inflation or even deflation, whereas low unemployment is associated with lower inflation or even deflation. This relationship makes sense from a logical standpoint. When unemployment is low, more people have extra money to spend on
Does High Unemployment Cause Inflation? Read More »
Is it harmful to have a bloated stomach? The most serious danger of inflating the body by introducing air or water into the intestines is that the distention and pressure of the air or water on the intestines could damage the intestinal wall. What happens if you use helium to inflate yourself? On the other
Is Water Inflation Safe? Read More »
The value of all goods and services generated by an economy in a given year (expressed in base-year prices) is reflected in real gross domestic product (real GDP), which is also known as constant-price GDP, inflation-corrected GDP, or constant dollar GDP. What is the purpose of calculating GDP in constant prices? the prices from a
What Is GDP Constant Prices? Read More »
The debt-to-GDP ratio is a formula that compares the overall debt of a country to its economic production. Divide a country’s debt by its gross domestic product to get the debt-to-GDP ratio. Investors are more willing to invest when a country’s debt-to-GDP ratio is manageable, and it doesn’t have to give as high a yield
How To Calculate GDP Ratio? Read More »
The medical care index is one of the Consumer Price Index’s (CPI) eight major groups, and it is broken into two primary components: medical care services and medical care commodities, each with multiple item categories. Professional services, hospital and allied services, and health insurance are the three categories that make up medical care services, which
What Are Two Major Types Of Medical Price Inflation? Read More »
California’s economy is the largest in the United States, with a gross state product (GSP) of $3.0 trillion in 2020. California would be the world’s fifth largest economy in 2020 if it were a sovereign nation, ahead of the United Kingdom and India but behind Germany. In addition, Silicon Valley is home to some of
What’s The GDP Of California? Read More »
Futures are significant tools for hedging and managing various types of risk. Foreign-trade companies utilize futures to manage foreign exchange risk, interest rate risk (by locking in a rate in expectation of a rate drop if they have a large investment to make), and price risk (by locking in prices of commodities such as oil,
Why Futures Are Better Than Stocks? Read More »
