The economy grew at annual rate of 3.5 percent during the third quarter, up .5 percent from what economists were predicting.
Yesterday, actuaries at the Centers for Medicare and Medicaid Services (CMS) and a team of nonpartisan economist predicted that healthcare spending would rise faster than expected. Today’s Breaking It Down takes a closer look at this report.
On Monday, the Mercatus Center released an analysis of the long-term cost projections of the Medicare Program found in this years’ trustees report. Today’s “Top 5 Things To Know” will take a further look at the Mercatus report.
The New York Times headline said it best: “Economy in First Quarter Was Worse Than Everybody Thought.”
Yesterday, the Bureau of Economic Analysis (BEA) released its second estimate of the GDP and found the economy contracted by 1 percent during the first quarter of 2014.
The Bureau of Economic Analysis released its “second” estimate of real gross domestic product (the goods and services produced in the U.S.) and found that the U.S. economy decreased 1.0 percent in the first quarter of 2014.
Yesterday, the Bureau of Economic Analysis’ (BEA) released its advanced estimate of first quarter real GDP growth.
The U.S. economy experienced a sluggish 0.1 percent growth rate in the first quarter of 2014, down from a 2.6 percent increase in the fourth quarter.
On April 2, 2014, The Center For Regulatory Solutions (CFRS) released their fact of the day, which stated that from 2009 to 2013 the regulatory final rules costs of the United States was more than the entire GDP of either Sweden, Peru or Ireland.
The Bureau of Economic Analysis (BEA) announced this morning that the U.S. economy grew at an annual rate of 2.6 percent in the 4th quarter of 2013.