Tricks of the TradeTrump's Second TermMy EconomyI've Always Wondered ...

Loading...

0:00
0% played
Support the fact-based journalism you rely on with a donation to Marketplace today. Give Now!
Stories Tagged as

GDP

U.S. economy rebounded to grow at record 33% annual rate last quarter

by Associated Press
Oct 29, 2020
Yet the recovery from the deepest recession since the Great Depression of the 1930s remains far from complete.
Valerie Macon/AFP via Getty Images
Share Now on:
SHARE

Keep this in mind when you read Thursday’s GDP report

by Kai Ryssdal and Maria Hollenhorst
Oct 28, 2020
The number is going to be “annualized.”
The third-quarter GDP report is expected to show record-breaking growth, but that's not the whole story.
Photo by Chaloner Woods/Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
COVID-19

With fewer people on health insurance, health care jobs could be in jeopardy, report says

by Sabri Ben-Achour , Rose Conlon , Erika Soderstrom and Alex Schroeder
Aug 4, 2020
The employer-provided health insurance losses projected to come could cost the U.S. economy another 1.5 million to 2.5 million jobs.
In the middle of the COVID-19 pandemic, reduced revenue to health care providers made up 29% of the historic second-quarter GDP decline.
Chip Somodevilla/Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE
COVID-19

U.S. economy shrank at record-breaking 33% rate last quarter

by Associated Press
Jul 30, 2020
It's by far the worst quarterly plunge ever.
The Commerce Department’s estimate of the second-quarter decline in GDP marked the sharpest such drop on records dating to 1947.
Valerie Macon/AFP via Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
COVID-19

Wearing masks could prevent a 5% loss in GDP, Goldman Sachs says

by Janet Nguyen
Jun 30, 2020
The economic argument for wearing a mask.
A woman wearing a mask in New York City. Financial experts believe that the virus-suppression effect of wearing face masks helps to preserve economic activity.
Jeenah Moon/Getty Images
Share Now on:
SHARE
COVID-19

The IMF predicts the global economy will shrink by 5% this year

by Justin Ho
Jun 24, 2020
That means fewer jobs and more debt. And the U.S. may be in for even worse.
A man passes graffiti about the coronavirus in Beirut, Lebanon. The IMF is predicting a world-wide downturn of 5% as people spend less money while stuck at home due to COVID-19.
Patrick Baz/AFP via Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE
Kai Explains

Why annualizing can make GDP forecasts look scarier than they are

by Kai Ryssdal and Maria Hollenhorst
Jun 11, 2020
If one quarter differs significantly from another, it's hard to paint a picture of the entire year.
Peter Macdiarmid/Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE

For public good, not for profit.

Donate

Who gets to decide if we are in a recession?

by Sabri Ben-Achour
Jun 9, 2020
We have to take the word of economists at the National Bureau of Economic Research, who have been making that call for a hundred years.
A man wears a face mask as he check his phone in Times Square on March 22, 2020 in New York City. - Coronavirus deaths soared across the United States and Europe on despite heightened restrictions as hospitals scrambled to find ventilators. (Photo by Kena Betancur / AFP) (Photo by KENA BETANCUR/AFP via Getty Images)
Kena Betancur/AFP via Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE
COVID-19

Are we almost through the worst of the COVID-19 economic decline?

by Sabri Ben-Achour and Alex Schroeder
Jun 8, 2020
The National Association for Business Economics predicts our economy could be growing once again by the third quarter.
Overhanging any forecast is the risk that a second wave of the coronavirus could threaten the economy once again.
Gregg Newton/AFP via Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE
COVID-19

Could the third quarter of this year be the “fastest-growing in U.S. history”?

by Kai Ryssdal and Maria Hollenhorst
May 26, 2020
It depends on how you read the data, economist Megan Greene of Harvard says.
Several people in the Trump administration, including White House economic adviser Larry Kudlow, above, have said that there could be historic growth in the third quarter of this year.
Mark Wilson/Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE