To listen to the podcast, press play on the player above and follow along with the transcript below. In its current form, this transcript was created automatically and then edited for clarity. Between the audio and the text, there may be some discrepancies. Republican attempts to invalidate state-ordered congressional districting schemes in North Carolina and […]
Are We Hitting Recession? Read More »
The National Bureau of Economic Research (NBER) said on December 1, 2008 that the United States entered a recession in December 2007, citing employment and production numbers as well as a drop in GDP in the third quarter. On the same day, the Dow Jones Industrial Average dropped 679 points. “This looks an awful lot
When Was The American Recession? Read More »
Average consumer price inflation rate in the United States of America. Inflation in the United States of America was 1.2 percent in 2020. Though the inflation rate in the United States of America has changed significantly in recent years, it has tended to decline from 2001 to 2020, ending at 1.2 percent in 2020. What
What’s The Current Inflation Rate In US? Read More »
According to the IMF, China’s GDP (nominal) and GDP (PPP) per capita income ranked 59th and 73rd, respectively, in 2020. In 2020, China’s gross domestic product (GDP) was $15.66 trillion (101.6 trillion yuan). What will China’s GDP be in 2021? According to GDP statistics from 2021, China’s most productive provinces and cities are listed below.
What Is The Total GDP Of China? Read More »
The Consumer Price Index (CPI) is a metric that measures the average change in prices paid by urban consumers for a market basket of goods and services over time. There are indexes for the United States and several geographic locations. Price information for a variety of utilities, automotive gasoline, and food goods is also available.
What Is Consumer Inflation? Read More »
Why would an economist measure growth using real GDP rather than nominal GDP? By employing constant prices, real GDP more precisely reflects output than nominal GDP. The business cycle is sustained by four elements, both expected and unforeseen. Why do economists calculate growth using real GDP? GDP is significant because it provides information on the
Why Do Economists Use Real GDP Rather Than Nominal? Read More »
In the last six years, an average of 31% of companies have given average raises of 3% or more. In 2022, 44% of companies intend to grant salary raises of more than 3%. Inflation was 7.5 percent higher in January 2022 than it was a year earlier, a 40-year high. To keep up with inflation,
Do Wages Keep Up With Inflation? Read More »
Purchasing a vehicle ahead of a possible recession may not seem like a good idea, but if you have the financial means, now is a fantastic time to do it. The current economic scenario differs from the Great Recession of the early 2000s, which resulted in the drying up of lines of credit for potential
Do Used Car Prices Drop During Recession? Read More »
According to the British consultancy Centre for Economics and Business Research, China’s GDP should rise at 5.7 percent per year until 2025, then 4.7 percent per year until 2030. Forecasts from the Center for Economic and Business Research (CEBR). China, now the world’s second-biggest economy, is expected to overtake the United States as the world’s
Will China Overtake US GDP? Read More »
The US economy will have a recession, but not until 2022. More business cycles will result as a result of Federal Reserve policy, which many enterprises are unprepared for. The decline isn’t expected until 2022, but it might happen as soon as 2023. If the Fed manages to prevent a recession in 2023, expect a
Will A Recession Happen? Read More »
