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What Recovery
| Guest post by: Carl Moore |
Article Overview: THE Bureau of Economic Analysis released its estimate of GDP growth, and the pace of expansion was revised down again. Currently we are below the rate of population growth, which is to say that in per capita terms output continues to shrink. So how are things looking forward?
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Free Download - Big Consolidation in Solar-equipment By Carl Moore |
What Recovery
The acceleration in real GDP
in the second quarter primarily reflected a deceleration in imports, an upturn
in federal government spending, and an acceleration in nonresidential fixed
investment that were partly offset by decelerations in PCE and in exports and a
downturn in private inventory investment.
Imports subtract from measured output, so
falling imports made for faster growth—but still signaled a weakening domestic
economy. Federal government spending was up slightly in the second quarter, but
the net government contribution was still a drag, thanks to falling state and
local spending. Moving forward, the federal government will join state and
local governments in consistently subtracting from output. Private investment
and consumption could make up the gap, but American confidence has been badly
shaken by the debt-ceiling battle and financial market havoc.
Does a double-dip loom? It's a reasonable
possibility. Much depends on what the Fed does for the remained of the year. However, it doesn't matter all that much. Growth too weak to generate
net employment increases isn't meaningfully better than slow contraction.
America is quite likely to get one or the other of those unpleasant
alternatives in the second half of 2011.
The GDI figure is particularly interesting
here, because it fits much more comfortably with available employment data. Job
growth was relatively strong early in the year, and especially from February to
April. That makes very little sense when stacked next to the 0.4% first quarter
GDP number, and much more sense against the 2.5% GDI number.It's worth
noting, however, that while the GDI figures are stronger than the GDP figures,
they still point to a slowdown in economic activity as the year went on, and
they still point to an economy performing well below potential in the second
quarter.
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About the Author: Carl Moore RSS for Carl's articles - Visit Carl's website Click here to visit Carl's website   Ten States Losing White and BlueCollar Jobs Developers Make Moves to Round Out Their Business Models Fed announces end to Recession Economic growth has slowed considerably since earlier in the year Theres no more appropriate name |
Related Forum Posts
Contingency Planning and Disaster Recovery: A Small Business
- Contingency Planning and Disaster Recovery: A Small Business Guide
Donna R. Childs, Stefan Dietrich
2002
"Among the countless tragic lessons of 9/11, an overlooked but important discovery was the lack of preparedness among small and midsized businesses for responding to disaster. While most of the media attention was naturally devoted to...., the very existence of thousands of small businesses was determined by whether or not they had adequate insurance, sufficient technological support, and viable disaster contingency plans."
(People who live in hurricane prone areas need this as well...and who knows when a fire might not strike...)
Table of Contents
1. Preparation
2. Response
3. Recovery
4. SAmple IT Solutions
Basic safety practices
Okay, the TOC isn't [i:2fu76idt]too [/i:2fu76idt]helpful, but there's lots of valuable info in this book, as to ensure that [i:2fu76idt]your [/i:2fu76idt]losses won't be catastrophic. How people cope with suddenly seeing their homes and all their possessions gone, what kinds of insurance to get, etc. etc.
Books for Women Entrepreneurs
- There's a thread for good books in the Resources folder, but it doesn't target books for businesswomen particularly, so I figured I'd start such a thread here.
It doesn't matter how successful you are in your business - it's always possible to learn something new.
In subsequent posts I give Table of Contents and brief descriptions for various titles - most of them devoted to the businesswoman - and sometimes a review. If anyone else has read a review, or has read the book and found it useful, please comment!
1. The Old Girl's Network
2. Mother's Work
3. The 7 Greatest Truths About Successful Women
4. Pitch Like A Girl
5. Workplace Warrior
6. Treasure Hunt: Inside the Mind of the Modern Consumer
7. Contingency Planning & Disaster Recovery
8. She Wins, You Win
9. Napoleon On Project Management
10. Why Good Girls Dont' Get Ahead, But Gutsy Girls Do
11. Comeback Moms: How to Leave Work, Raise Children, and Restart your Career even If you Haven't Had a Job in Years
12. The One Minute Millionaire
13. Talking From 9 to 5
14. Soloing: Realizing Your Life's Ambitions
15. 101 Best Home Based Businesses for Women: Everything You Need to Know About Getting Started on the Road To Success
16. Work With Passion: How to Do What You Love for a Living. Revised and Expanded
17. Fail-Proof Your Business: Beat the Odds and be Successful
18. Confidence: How Winning Streaks and Losing Streaks Begin and End
19. Women Don't Ask: Negotiation and the Gender Divide
20. Millionaire Women Next Door: The Many Journeys of Successful American Businesswomen
21. Start Small, Finish Big: Fifteen Key Lessons to Start - and Run - Your Own Successful Business
22. Rewired, Rehired or Retired: A Global Guide for the Experienced Worker
23. The Martha Rules: 10 essentials for achieving success as you start, build or manage a business
24. The Essentials of Entrepreneurship: What it takes to create Successful Enterprises
25. Net Ready: Strategies for Success in the E-conomy
26. The Promotable Woman
27. Leave The Office Earlier: The Productivity Pro shows you how to do more in less time and feel great about it
28. The Work At Home Balancing Act: The professional resource guide for managing yourself, your work, and your family at home
29. Secrets of Six-Figure Women
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