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A panel of economists cut its forecast for U.S. economic growth for the rest of 2010 for the third month in a row. The latest Blue Chip Economic Indicators report said that lower-than-expected ...
Alan Greenspan was the Chairman of the Federal Reserve of the United States from 1987 to 2006. He was appointed by President Ronald Reagan in August 1987 and was reappointed by President Bill Clinton in 1996. He was widely blamed, perhaps fairly or unfairly, as the individual most singly responsible for the housing bubble in the U.S..
Democratic president with Democratic Congress: 9.8%; Republican president with split Congress: 5.8%; Republican president with Democratic Congress: 4.9%; Bloomberg News reported in November 2021 that Democratic presidents held seven of the top ten positions of S&P 500 returns during the first year of a presidential term, measured from their ...
Obama presents his first weekly address as President of the United States on January 24, 2009, discussing the American Recovery and Reinvestment Act of 2009 Job Growth by U.S. president, measured as cumulative percentage change from month after inauguration to end of term. 2016 was the first year U.S. real (inflation-adjusted) median household income surpassed 1999 levels.
The U.S. economic recovery got off to a pretty good start in the second half of last year, with GDP rising 2.2% and 5.6% in the third and fourth quarters, respectively. That said, there's no ...
Even as the year winds to a close this week, a handful of economic releases are on the schedule. Starting on Monday, the Chicago Fed releases its Midwest Manufacturing Index for November. Tuesday ...
The June 2017 forecast was essentially the budget trajectory inherited from President Obama; it was prepared prior to the Tax Act and other spending increases under President Trump. For the 2018–2027 period, CBO projects the sum of the annual deficits (i.e., debt increase) to be $11.7 trillion, an increase of $1.6 trillion (16%) over the ...
The president's economic aides put together a massive report on the economy every year. It's a 400-plus-page tome outlining where we've been, where we are, and where we might be heading next.