…make a significant contribution to real GDP growth. If you look at the real trade contribution to real gdp growth you find: 1950-59 -1.70 1960-69 +0.02 1970-79 +1.31 1980-89 -1.21…

…3-month average). Dean tries to explain what is going on with this data with the basic message being that while the growth in benefits has slowed, wage growth has accelerated….

…chairman Ben Bernanke rebutted the Phillips-curve view in a recent speech at Princeton. Bernanke correctly argued that low inflation promotes economic growth and that strong economic growth is something to…

…GDP were to grow indefinitely at 11 percent a year – 9 percent real growth plus 2 percent inflation – and the U.S. experienced 5.5 percent growth – 3.5 percent…

…growth in each has been roughly similar. But also note that the growth in the payroll survey from 1998 to early 2001 exceeded the growth in the adjusted household survey….

…job market. The following chart illustrates. The period shown in the graph corresponds to what may well be the strongest economic growth of this business cycle. As a bit of…

As the Commerce Department confirmed that real GDP grew at an annualized rate of 3.3% during the second quarter of 2005, this AP story is suggesting that growth will slow…

My hope in this post was to stimulate further debate as to what Martin Wolk had written about Ben Bernanke’s claim about a relationship between job growth and housing price…

…cuts led to faster than expected growth. Given the weak real GDP growth during Bush’s first term, I went back to see what the CBO was forecasting in early 1999….

…tiny or even negative effect on economic growth. Judging by actual GDP growth of the past few years, those models seem to have been about right. CLAIM #2: “Growing Economy…