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GDP

Common Cents Blog

Common Cents & Gray Hair

Although I have been gray for years, I have been telling people I had chestnut brown hair at the start of 2022. That is how bizarre this year has been in the both the markets and…

Common Cents Blog

Common Cents & A Recession?

This week, the Bureau of Economic Analysis (BEA) announced the US economy (GDP) contracted 0.6% during the second quarter of 2022 (2Q). 2Q GDP. This was the second consecutive quarter of economic contraction, as least as…

Common Cents Blog

Common Cents & Silver Linings

This week, the Bureau of Economic Analysis (BEA) released its second stab at calculating the Gross Domestic Product (GDP) equation for the 1st Quarter of 2022. It seems things were slightly worse than previously announced, as…

Common Cents Blog

Common Cents & Making Lemonade

Yesterday, the Bureau of Labor Statistics (BEA) reported the US economy grew at a 2.0% annualized rate during the 3rd Quarter of 2021. This was slower than analysts were expecting, and much slower than 2nd Quarter’s…