The U.S. economy is showing signs of moderate improvement. Estimates of U.S. real GDP for third quarter 2012 show an annualized growth rate of 2.0 percent. Although higher than the tepid 1.3 percent growth rate for second quarter, the third quarter rate is well below the average growth rate of 3.4 percent the U.S. economy experienced from 1947 to 2007. Growth in U.S. real GDP … [Read more...] about December 2012: Business Indicators
Nevada economy
November 2012: Business Indicators
The U.S. economy continues to experience weak growth. Recently revised data for U.S. real GDP show an annualized growth rate of 1.3 percent for second quarter 2012, somewhat below the previous estimate of 1.7 percent. Consumer spending drove most of the gains, but it was lower than in first quarter. Business fixed investment and residential investment also made smaller … [Read more...] about November 2012: Business Indicators
October 2012: Business Indicators
The U.S. economy continues to experience slowing growth. Revised data for U.S. real GDP show an annualized growth rate of 1.7 percent for second quarter, somewhat lower than the 2.0 percent rate set in first quarter 2012. Consumer spending drove most of the gains, but it was lower than in first quarter. Business fixed investment and residential investment also made smaller … [Read more...] about October 2012: Business Indicators
September 2012: Business Indicators
The U.S. economy continues to experience slowing growth. Second quarter data for U.S. real GDP show an annualized growth rate of 1.5 percent, lower than the annualized rate of 2.0 percent during first quarter 2012. Consumer spending drove most of the gains, but was much lower than in first quarter. Business fixed investment and residential investment also made smaller … [Read more...] about September 2012: Business Indicators
July 2012: Business Indicators
The U.S. economy is showing signs of slowing growth. Revised data show U.S. real GDP grew at an annualized rate of 1.9 percent during first quarter 2012, which represents a substantial slowing from the fourth-quarter rate of 3.0 percent. Business fixed investment, residential investment and inventories also made positive contributions. Government spending and net exports made … [Read more...] about July 2012: Business Indicators
June 2012: Business Indicators
U.S. real GDP grew at an annualized rate of 2.2 percent during first quarter 2012, representing a substantial slowing from the fourth-quarter rate of 3.0 percent. Government spending, business fixed investment and net exports made negative contributions. U.S. nonfarm employment rose by only 115,000 jobs in April, marking the weakest gain since August 2011. Consumer sentiment … [Read more...] about June 2012: Business Indicators
May 2012: Business Indicators
U.S. real GDP grew at an annualized rate of 3.0 percent during fourth quarter 2011, representing a substantial gain over the third-quarter rate of 1.8 percent. Consumption spending and inventory investment were particularly strong. Residential and business fixed investment slowed. Imports and government spending made negative contributions. U.S. nonfarm employment rose by only … [Read more...] about May 2012: Business Indicators
April 2012: Business Indicators
According to the second estimate, U.S. real GDP grew at an annualized rate of 3.0 percent during fourth quarter 2011, which represents a substantial gain over the third-quarter rate of 1.8 percent. U.S. nonfarm employment rose by 227,000 jobs in January, and the unemployment rate held steady at 8.3 percent as labor force participation increased. Consumer confidence and consumer … [Read more...] about April 2012: Business Indicators
March 2012: Business Indicators
U.S. real GDP grew at an annualized rate of 2.8 percent during fourth quarter 2011, which represents a gain over the third-quarter figure of 1.8 percent. Consumption spending and inventory investment were particularly strong. Residential investment showed stronger growth, but business fixed investment slowed. U.S. nonfarm employment rose by 243,000 jobs in January, and the … [Read more...] about March 2012: Business Indicators
February 2012: Business Indicators
According to revised data, U.S. real GDP grew at an annualized rate of 1.8 percent during third quarter 2011, which represents a gain over the second-quarter figure of 1.3 percent. Consumption spending and business fixed investment were particularly strong. U.S. nonfarm employment rose by 200,000 jobs in December, and the unemployment rate fell to 8.5 percent. Both consumer … [Read more...] about February 2012: Business Indicators
January 2012: Business Indicators
According to revised data, U.S. real GDP grew at an annualized rate of 2 percent during third quarter 2011, which represents a gain over the second-quarter figure of 1.3 percent. Consumption spending and business fixed investment were particularly strong. Preliminary indicators—such as retail sales, industrial production and trade—suggest U.S. real GDP will show even stronger … [Read more...] about January 2012: Business Indicators
Economic Forecast: What Lies Ahead
The year just ending wasn’t a great one but it was a better one, which is probably all Nevadans could ask of it. And the year ahead figures to be pretty much the same. While the reasons for optimism reflect well on the state economy’s inherent resiliency and strength, many of the negatives have more to do with national and international factors over which we have no … [Read more...] about Economic Forecast: What Lies Ahead
December 2011: Business Indicators
According to initial data, U.S. real GDP grew at an annualized rate of 2.5 percent during third quarter 2011, which is up considerably from the second quarter estimate of 1.3 percent. Third quarter growth was the strongest seen since third quarter 2010, but U.S. real GDP remains 6.7 percent below potential. U.S. nonfarm employment rose by 80,000 jobs in October. The … [Read more...] about December 2011: Business Indicators
The Green Movement: Thinking Green
Is the hobbled and largely stagnant economy pushing companies nationwide and in Nevada to become greener? Well, yes, if they can cut costs by being more energy efficient and recycling. And, well, no if it means having to submit to government arm twisting to use new processes and technologies that raise rather than lower costs. “There are two sides to the answer, which go … [Read more...] about The Green Movement: Thinking Green
November 2011: Business Indicators
According to revised data, U.S. real GDP grew at an annualized rate of 1.3 percent during second quarter 2011, up somewhat from the first quarter estimate of 0.4 percent. Both figures are well below the 2.3 percent annualized growth rate posted in fourth quarter 2010. U.S. nonfarm employment rose by 103,000 jobs in September, which was only enough to keep the U.S. … [Read more...] about November 2011: Business Indicators