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Economic Analysis

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8 days ago

California’s economy surpasses Japan’s as it becomes fourth largest in world

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a story from The Guardian › International

State’s nominal GDP reaches $4.1tn, edging out Japan’s $4.02tn, ranking it behind the US, China and Germany

California’s economy has surpassed Japan’s, making the Golden state the fourth largest econo…

30 days ago

Trade Deficit decreased to $122.7 Billion in February

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a story from Calculated Risk › Calculated Risk

The Census Bureau and the Bureau of Economic Analysis reported:
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $122.7 billion…

36 days ago

57 days ago

Q1 GDP Tracking: Mid-to-High 1% Range

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a story from Calculated Risk › Calculated Risk

Special Note: There was a surge in gold imports in January. There is a time lag for when the imported gold will show up in inventories. GDPNow will correct for this once the gold is included as an …

58 days ago

Trade Deficit increased to $131.4 Billion in January

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a story from Calculated Risk › Calculated Risk

The Census Bureau and the Bureau of Economic Analysis reported:
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $131.4 billion…

87 days ago

Trade Deficit increased to $98.4 Billion in December

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a story from Calculated Risk › Calculated Risk

The Census Bureau and the Bureau of Economic Analysis reported:
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $98.4 billion …

2 months ago

4 months ago

Q3 GDP Growth Revised up to 3.1% Annual Rate

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a story from Calculated Risk › Calculated Risk

From the BEA: Gross Domestic Product (Third Estimate), Corporate Profits (Revised Estimate), and GDP by Industry, Third Quarter 2024
Real gross domestic product (GDP) increased at an annual rate of 3.…

Trade Deficit decreased to $73.8 Billion in October

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a story from Calculated Risk › Calculated Risk

The Census Bureau and the Bureau of Economic Analysis reported:
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $73.8 billion …

Q4 GDP Tracking: 2.1% to 3.3% Range

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a story from Calculated Risk › Calculated Risk

From BofA:
Since our last weekly publication, our 3Q GDP tracking estimate has moved up a tenth to 2.9% q/q saar from the second official print of 2.8% q/q saar. Additionally, we initiated our 4Q US …

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