Economics

Is Inflation Back?

Inflation isn’t going away anytime soon. In fact, prices are rising faster than they have been since the early 1980s. According to the most current Consumer Price Index (CPI) report, prices increased 7.9% in February compared to the previous year. Since January 1982, this is the largest annualized increase in CPI inflation. Even when volatile […]

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Why Are Transfer Payments Not Included In GDP?

Gross investment and government consumption expenditures: This is a measure of government spending on goods and services that is included in GDP. Consumption expenditures include money spent on the government’s workforce as well as products and services such as military jet fuel and government building and other structure rent. Government expenditures on structures, equipment, and

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Why Do Central Banks Want Inflation?

Inflation targeting enables central banks to respond to domestic economic shocks while focusing on local concerns. Investor uncertainty is reduced by stable inflation, which allows investors to foresee interest rate movements and anchors inflation expectations. Inflation targeting also allows for more transparency in monetary policy if the aim is made public. Why is inflation important

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What Is America’s GDP?

Retail and wholesale trade industries led the increase in private inventory investment. The largest contributor to retail was inventory investment by automobile dealers. Increases in both products and services contributed to the increase in exports. Consumer products, industrial supplies and materials, and foods, feeds, and beverages were the biggest contributions to the growth in goods

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When Is Next GDP Report?

Released on a monthly basis. GDP is available in three versions, each issued once a month: Advance, Second Release, and Final. What is the latest GDP forecast for the year 2021? 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

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