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Tag: domestic product


Capital and Risk, Macroeconomic

Billionaire Ken Langone: ‘This economy is booming,’ and Trump deserves a lot of credit for it

September 20, 2018

Via: CNBC

President Donald Trump’s economic agenda is fueling a resurgence in the economy that cannot be denied, billionaire businessman and philanthropist Ken Langone told CNBC on Thursday. “This economy is booming,” said Langone, a longtime supporter of GOP candidates who was […]


Capital and Risk, Macroeconomic

Boom! US economy logs best performance in nearly 4 years

August 29, 2018

Via: CNBC

U.S. economic growth was a bit stronger than initially thought in the second quarter, notching its best performance in nearly four years, as businesses boosted spending on software and imports declined. Gross domestic product increased at a 4.2 percent annualized […]


Capital and Risk, Macroeconomic

US economy is expected to accelerate this year, then slow in 2019: CBO

August 14, 2018

Via: CNBC

U.S. economic growth will probably accelerate this year before slowing in 2019 to well below the Trump administration’s 3 percent target as a fiscal stimulus fades, congressional researchers projected on Monday. In an updated economic outlook, the nonpartisan Congressional Budget […]