Comments on: U.S. Economic Growth Surprises in the Third Quarter http://moneymorning.com/2009/10/29/economic-growth/ Global Investment News Wed, 17 Mar 2010 17:22:40 -0500 http://wordpress.org/?v=2.9.1 hourly 1 By: What Investors Should Look for in Today's Fed Statement http://moneymorning.com/2009/10/29/economic-growth/comment-page-1/#comment-9236 What Investors Should Look for in Today's Fed Statement Tue, 15 Dec 2009 18:36:53 +0000 http://www.moneymorning.com/?p=9711#comment-9236 [...] Money Morning: U.S. Economic Growth Surprises in the Third Quarter [...] [...] Money Morning: U.S. Economic Growth Surprises in the Third Quarter [...]

]]> By: Trade Gap Unexpectedly Widens on Surge of Oil and Auto Parts Imports http://moneymorning.com/2009/10/29/economic-growth/comment-page-1/#comment-8068 Trade Gap Unexpectedly Widens on Surge of Oil and Auto Parts Imports Sat, 14 Nov 2009 17:01:16 +0000 http://www.moneymorning.com/?p=9711#comment-8068 [...] U.S. Commerce Department said last month the economy grew at an annual rate of 3.5% in the third quarter after four straight quarters of [...] [...] U.S. Commerce Department said last month the economy grew at an annual rate of 3.5% in the third quarter after four straight quarters of [...]

]]> By: Unemployment Rate Cracks Double-Digit Barrier at 10.2%, Boosting the Odds of a "Jobless Recovery" http://moneymorning.com/2009/10/29/economic-growth/comment-page-1/#comment-8067 Unemployment Rate Cracks Double-Digit Barrier at 10.2%, Boosting the Odds of a "Jobless Recovery" Sun, 08 Nov 2009 12:01:32 +0000 http://www.moneymorning.com/?p=9711#comment-8067 [...] growth in the third quarter. On Oct. 29, the U.S. Commerce Department said that gross domestic product (GDP) in the world’s largest economy grew 3.5% during that three-month stretch. That was slightly better than the 3.2% that economists were [...] [...] growth in the third quarter. On Oct. 29, the U.S. Commerce Department said that gross domestic product (GDP) in the world’s largest economy grew 3.5% during that three-month stretch. That was slightly better than the 3.2% that economists were [...]

]]> By: Drop in Consumer Spending Could Spell Trouble for Economic Recovery http://moneymorning.com/2009/10/29/economic-growth/comment-page-1/#comment-8066 Drop in Consumer Spending Could Spell Trouble for Economic Recovery Sun, 01 Nov 2009 12:01:46 +0000 http://www.moneymorning.com/?p=9711#comment-8066 [...] data on Thursday showed the economy grew at a 3.5% annual rate in the third quarter, probably ending the recession that bega... Consumer spending for the July-Sept. quarter actually gained 3.4%, thanks in large part to cash for [...] [...] data on Thursday showed the economy grew at a 3.5% annual rate in the third quarter, probably ending the recession that bega… Consumer spending for the July-Sept. quarter actually gained 3.4%, thanks in large part to cash for [...]

]]> By: Kunal Kumar Kundu http://moneymorning.com/2009/10/29/economic-growth/comment-page-1/#comment-8065 Kunal Kumar Kundu Fri, 30 Oct 2009 18:12:24 +0000 http://www.moneymorning.com/?p=9711#comment-8065 I find the Q3 GDP number merely reflecting a technical rebound. An important piece of information that might escape attention is that USD 20 billion decline in PDI. There are two basic reasons for the decline. Earlier, while wage and salaries were declining because of layoff, the transfers were increasing. Additionally the incidence of tax was lower becuase of the breaks. The Q3 result is important for a few reasons. This time the transfers declined. That was because more people from the 15 to 26 week group moved to 27 week plus group than were added to that group. In all, the number declined by 510,000. Added to that was the withdrawal of the tax breaks that prompted increased consumption in the earlier quarters in conjunction with the cash for clunker scheme and the credit for home purchase. With cash for clunker also gone and housing credit set to expire in November, things do not look good. My views are also available at http://kunalsthoughts.weebly.com/blog.html Views are welcome I find the Q3 GDP number merely reflecting a technical rebound. An important piece of information that might escape attention is that USD 20 billion decline in PDI. There are two basic reasons for the decline. Earlier, while wage and salaries were declining because of layoff, the transfers were increasing. Additionally the incidence of tax was lower becuase of the breaks. The Q3 result is important for a few reasons. This time the transfers declined. That was because more people from the 15 to 26 week group moved to 27 week plus group than were added to that group. In all, the number declined by 510,000. Added to that was the withdrawal of the tax breaks that prompted increased consumption in the earlier quarters in conjunction with the cash for clunker scheme and the credit for home purchase. With cash for clunker also gone and housing credit set to expire in November, things do not look good.

My views are also available at http://kunalsthoughts.weebly.com/blog.html

Views are welcome

]]> By: Investment News Briefs http://moneymorning.com/2009/10/29/economic-growth/comment-page-1/#comment-8064 Investment News Briefs Fri, 30 Oct 2009 08:36:32 +0000 http://www.moneymorning.com/?p=9711#comment-8064 [...] that the U.S. economy grew 3.5% propelled all three major markets yesterday (Thursday) to their biggest gain in three months. The [...] [...] that the U.S. economy grew 3.5% propelled all three major markets yesterday (Thursday) to their biggest gain in three months. The [...]

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