The Ridgewood Blog Brings a Free Market Laissez-faire Point of View to Local, New Jersey State and National Issues.
the staff of the Ridgewood blog
Washington DC, its official ,the U.S. economy contracted for the second straight quarter from April to June, hitting a widely accepted rule of thumb for a recession, the Bureau of Economic Analysis reported Thursday.
Continue reading It’s Official the US Economy Has Entered a Recession
the staff of the Ridgewood blog
Washington DC, Real gross domestic product(GDP) increased at an annual rate of 6.9 percent in the fourth quarter of 2021 , according to the “advance” estimate released by the Bureau of Economic Analysis. In the
third quarter, real GDP increased2.3 percent.
Continue reading GDP Grew at a Stronger than Expected 6.9% Pace