GdpGrowth

Why You Should Be Happy About 2.2% GDP Growth

The federal government says GDP grew at a 2.2% rate in the first quarter, and many pundits are calling that number a disappointment: Here's a primer on exactly what the GDP growth rate is, and why 2.2% is nothing to be bummed about.

Factory Output Surge Lifted U.S. Economy in December

U.S. factory output surged in December by the most in year. Stronger demand for business equipment, vehicles and energy offered the most visible evidence that manufacturing has roared back from the depths of the recession. The Fed said Wednesday that manufacturing increased 0.9% in December, the biggest gain since December 2010.

Will Stock Market Reverse Course in the Second Half?

The S&P 500 was up by only 4% in the first half of 2011, and it fell about 1% in the second quarter. Will it end there? A sell-off may be about to begin that would take the index lower for the full year. Here are half a dozen reasons why one of history's most impressive stock market runs may have ended.

Gas Prices: Down Lately, But Up 30% From 2010

Most of the media coverage about gas prices lately is focused on the fact that they've fallen from an average of $3.98 to $3.58 in about two months. What's rarely mentioned is that the cost per gallon is still 30% higher than it was this time last year, when a gallon cost $2.75.