The Economist has released an interactive map of the world displaying Debt to GDP ratios for each country.
While our debt is skyrocketing, U.S. economic growth is still sputtering.
This morning, BEA released a revised economic growth figure for the third quarter and Fitch Ratings is sounding an alarm on our debt burden.
The U.S. economy continues to stagger forward growing merely two percent in the third-quarter, down from the original estimate of 2.5 percent. The announcement comes on the heels of the supercommittee’s failure to prescribe spending cuts badly needed to address the fiscal crisis in….
This morning, the Commerce Department reported the economy grew at an annual rate of 2.5% percent in the third quarter.
The Commerce Department revised up its estimate of second quarter gross domestic product growth to 1.3%.
In case anybody thought the economy was out of the woods, this morning brought another disappointing economic report.
This morning the Commerce Department released its advance estimate for second quarter gross domestic product.
A sharp decline in consumer spending was the primary driver behind the slow growth.
Today to the Bureau of Economic Analysis (BEA) released the advanced estimate 4th quarter GDP numbers. The report shows that GDP increased 3.2% in final quarter of 2010.