1. Real GDP Growth
The real GDP Growth rate is 2.9%. This is a positive development because the real GDP Growth rate is the brightest indicator of economic performance. Since, there is a rise in real GDP, currently there is economic growth.
Change from last year:
The real GDP growth rate last year was 2.5%. This shows that the GDP growth rate for the same period has increased from that last year. A spurt in real GDP indicates economic growth, and a rise in GDP growth rate shows strong economic growth.
Any trends? (i.e. falling, rising, etc.)
The trend of real GDP growth rate is an increase in growth rate. During the fourth quarter of 2008 there was a negative growth rate of 8.9%, during 2009 there was a positive growth rate of 3.5% in 2010 there was a positive growth rate of 2.5% and again during 2011 there is a positive growth rate of 2.9%. So the overall trend is that the real GDP growth rate is increasing.
What do these results and/or trends suggest for the health of the economy? These trends suggest a healthy economy. After the second quarter of 2009 there is no negative growth rate of GDP. The GDP growth rate was higher than 3% during the fourth quarter of 2009 and during the first two quarters of 2010. Now, the overall growth rate of real GDP is positive. This suggests a healthy economy.
Consumer Price Index (CPI)
Current status The current status of consumer price index is -0.1. Usually during economic growth the consumer price index increases. The consumer price index does not indicate economic growth.
Change from last year At the same time last year, the consumer price index was 0.1. This means that the consumer price index has declined by 0.2% from the last year figure. The decline in consumer price index indicates an economic decline.
Any trends? (i.e. falling, rising, etc.) Over the period of four years 2008-2011, there is a fluctuation of the consumer price index. The difference over time is that during 2008 the fluctuations were very high. For example, during 2008 the fluctuation was between 0.9% and -1.8%. The trend is that the consumer price index continues to fluctuate but the extent of fluctuations has declined. In 2011 the fluctuation was between 0.5% and -0.2%.
What do these results and/or trends suggest for the health of the economy? Even though the last reading of the consumer price index is negative, during most of the year 2011, the consumer price index has remained positive. The percent change is positive. An increase in the consumer price heralds economic growth. The results and trends suggest positive economic growth. Industrial Production
Current status The current industrial production growth rate is 0.4%. The industrial production measures the output of American Industry. Industrial production increases during economic growth. The positive change in industrial production indicates economic growth.
Change from last year At the same time last year the industrial production growth rate was 0.2%. The industrial production growth rate has increased to 0.4%. Since the industrial growth rate has increased there is economic growth.
Any trends? (i.e. falling, rising, etc.) The trend in industrial production is positive. Up to the middle of 2009 there were long periods of negative growth rate. The negative growth rate in 2008 reached -4.0%. Now there in most months there is a positive growth rate. What do these results and/or trends suggest for the health of the economy? These trends and results show good health of the economy. The positive industrial growth rate indicates that there is economic growth.
Current status The 10 year treasury growth rate is 2%. The interest rate measures the percent return investors receive on US Treasury bonds. The 3-month Treasury bond interest rates are close to zero. Change from last year last year at the same time of the year, the 10-year treasury bonds had an interest rate of...
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