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    Economy Still Growing Too Slowly

    The Bureau of Economic Analysis’s (BEA) first estimate of economic growth for the third quarter of this year shows an economy that continues to grow at a plodding pace. According to BEA, the economy grew at 2.8 percent from July 1 through September 30. This was slightly faster than the … More

    Economic Growth Remains Too Slow Because of Policy Uncertainty

    Today’s report on gross domestic product (GDP) shows that not much changed in the economy during the second quarter. The Bureau of Economic Analysis’s initial estimate shows that economic growth was just 1.7 percent from April 1 through June 30—well below the rate the economy should be growing this far … More

    Does the United States Really Have a Trade Deficit?

    In 2012, $3.4 trillion came into the United States through trade and investment, and $3.4 trillion left, according to the Bureau of Economic Analysis (BEA). Every dollar Americans sent to people in other countries was balanced by a dollar sent back to the United States: 64 cents for U.S. exports, … More

    New Report Shows Outsourcing Fears Are Misplaced

    While fears of “outsourcing” continue to make headlines, the facts show there is no “giant sucking sound” resulting from dollars fleeing the United States to be invested in other countries. Outsourcing occurs when companies close facilities in the United States and invest in new operations in other countries. Some people … More