According to revised data from the National Statistical Office, UK GDP fell by 0.3% in the third quarter of this year compared with a preliminary estimate at -0.4%. On an annual basis has declined by 5,1% (revised from -5.2%). Recall that in the second quarter GDP showed a decline of Britain 0,7% in monthly terms, and on 5,5% annual. The index of activity in the ...

Submitted by The Capital Spectator Today’s release of second estimate of third-quarter GDP reveals that the economy expanded at a slower pace than originally reported. The initial 3.5% annualized real growth in the U.S. for Q3 was, we’re now told, just 2.8%. Meantime, corporate profits skyrocketed in Q3. As companies shed payrolls, the cost saving flowed to

The "recovery" in the third quarter this year was downgraded today, from 3.5 to 2.8 percent GDP growth: The government’s new reading on gross domestic product was not as energetic as the 3.5 percent growth rate for the July-September period estimated just a month ago. The main factors behind the downgrade: consumers did not spend as much, commercial construction was weaker and ...

... have been spent on computers and other physical equipment, which would have been picked up in GDP. But most of the drop in VC money would have gone to pay for scientists, engineers, ... the BEA assigns a value to those free checking accounts and adds it to the GDP. Imputations go far beyond that into other absurdities. For example: If you own your own house, the government recalculates your income ...

... the CNBC crowd, the best approach for your own personal recovery or survival is to take the new GDP figure with a whole package of salt. As we have noted before, there really isn't going ... hard fans of those with an agenda. Many economists are approaching this increase in the GDP with a healthy amount of cynicism, which may be why you are seeing little about their criticisms in the media. But ...

... the government incursion into the economy in Q3, real GDP basically would have stagnated." Some may think that it doesn't matter how ... the average fiscal stimulus has been 2.6% of GDP, with monetary stimulus adding another 0.3% of ... Great Depression the government came up with a combined 8.3% of GDP in stimulus. So far in this recession the government has responded with fiscal ...