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You are here: Home / Archives for economic growth

economic growth

U.S. Economy Grew at Record Pace in 2021

February 2, 2022 by Ted Leave a Comment

The U.S. economy showed great positive momentum in 2021 with the gross domestic product (GDP) growing at a record pace, recouping much of the drop in GDP in 2020. In fact, a new report from Axios shows that the current GDP growth trend is now within just 1% of the pre-pandemic trend.

See more on the economic rebound

[Read more…] about U.S. Economy Grew at Record Pace in 2021

Filed Under: Economic Trends Tagged With: economic growth, GDP

Are You Ready for the Coming Economic KABOOM?

March 24, 2021 by Ted Leave a Comment

Photo of shoppers like you would see in an economic kaboom

Economic KABOOM? While tech has been largely immune to it, many industry segments have been struggling to get through the current recession (think transportation and hospitality) that enveloped the country when the COVID-19 pandemic swept across the U.S. early last year. Literally, for a period of weeks or even months, all businesses that were not considered essential services were shut down, bringing economic activity to a standstill. Now, like many folks, you may be expecting to see economic growth return as the country begins to climb out of the epidemic-ravaged economy. Perhaps you’re even expecting an economic boom.

But a growing number of experts say you are wrong – we won’t just have moderate economic growth coming out of this latest recession. We won’t even have an economic boom. Rather, they say we are headed towards an economic KABOOM.

See more on this approaching economic kaboom…

[Read more…] about Are You Ready for the Coming Economic KABOOM?

Filed Under: Economic Trends Tagged With: economic growth

Housing Starts Split Again in September for Good News/Bad News Result

October 22, 2020 by Ted Leave a Comment

Housing Prices Photo

On Tuesday, the U.S. Department of Commerce released their latest report on residential construction for the month of September 2020. Like last month, the results on housing starts were mixed, with both good news for custom integrators and bad news for the overall industry – suggesting again that housing growth, while robust, is beginning to moderate.

See housing starts results for September…

[Read more…] about Housing Starts Split Again in September for Good News/Bad News Result

Filed Under: Economic Trends, News Tagged With: economic growth, economy, housing, housing starts

Retail Sales Declined for First Time in Seven Months as Economy Cools

October 16, 2019 by Ted Leave a Comment

Photo of Apple store in Chicago

In a new report by the U.S. Commerce Department released Wednesday, U.S. retail sales in September have broadly dropped for the first time in seven months. The report is seen by many economists as another significant sign of a cooling economy.

See more on the decline in retail sales…

[Read more…] about Retail Sales Declined for First Time in Seven Months as Economy Cools

Filed Under: Consumer Trends, Economic Trends, News, Statistics Tagged With: economic growth, electronics retailers, online sales, retail, retailers

Trio of New Economic Reports Suggest Growth is Slowing

July 5, 2019 by Ted Leave a Comment

A house sits for sale in North Aurora, Illinois

Although the US is in the midst of a record period of economic expansion, more and more troubling signs have appeared over the last few months in the form of negative economic data points to suggest that a turn in the economy may be coming. This week, a trio of new reports – consumer confidence, sales of newly constructed homes, and corporate earnings revisions – suggest that economic growth is stalling and that “turn” may be here.

See the latest economic data suggesting a slowdown…

[Read more…] about Trio of New Economic Reports Suggest Growth is Slowing

Filed Under: Economic Trends, Financial, News, Statistics Tagged With: corporate earnings, economic growth

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Ted Green Bio

A former dealer, manufacturer, distributor & more. Focusing on business strategy, my goal is to help you make better decisions for greater success.

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