and Japan

Second-Quarter Growth in Selected Industrial Economies

August 30, 2017

United States: A 3.3% rise of personal consumption on a seasonally adjusted annualized rate (SAAR) accounted for 76% of the 3.0% SAAR advance of real GDP. Net exports and non-residential business investment increased, too, and made a collective 1.1 percentage point (ppt) contribution to GDP, while government spending slid 0.3% SAAR on quarter and by […] More

Worried Households in the United States, Europe and Japan

August 30, 2011

The Conference Board index of U.S. consumer confidence plunged 14.7 points in August to a reading of 44.5.  It’s average score was 61.6 in the second quarter and 66.3 in the first quarter.  Even those levels were quite weak compared to pre-recession norms.  The last reading as low as 44.5 occurred in April 2009 when […] More