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Output per person is also a tough variable to predict. We have enjoyed long periods with output per hour growing by 2.5% to 3.0% per year, but recently only about 1.0% per year.
Timiraos reports about the economists he follows that “Doubts Arise on Growth-Inflation ... the 4.9% GDP growth rate reported last week “is well above ... rates and output gaps are ...
Growth rates are the percent change of a variable over time. It can be applied to GDP, corporate revenue, or an investment portfolio. Here’s how to calculate growth rates.
In a couple of weeks we will get the first reading for third quarter GDP growth, and the current consensus among economists ...
Applying the formula from Step 1, the QoQ real GDP growth rate during the second quarter is equal to: (16,324.3 - 16,177.3) / 16,177.3 = .0091 = 0.91% (quarterly rate) Next, we apply the formula ...
The yearly rate of inflation can be calculated by taking the CPI over a two-year period and applying this formula. This is how you calculate the yearly inflation rate. Oleg Magni via Pexels; Canva ...
As you can see in this chart, the inflation rate for those economies was about 5 percent. So, I would estimate that about 2 percentage points of the inflation can be blamed on over-stimulation.
The IMF also reduced its growth outlooks for both China by 0.8 percentage points, with Beijing expected to now grow by 4.8% this year as the government enforces a strict "zero-COVID" policy and ...
Since then, various definitions of the natural rate of interest have appeared in the economics literature. In this Letter, the natural rate is defined to be the real fed funds rate consistent with ...
In a normal economic environment, people aren’t paying a lot of attention to inflation, and so, if you have inflation go up to 3% or 4% or whatever in a given year, that doesn’t lead workers ...