Tag: GDP

May 29, 2015

2015 points to slower growth ahead

Last year, the U.S. job market had its best year of gains since 1999.  Economic activity hit a whopping 5% in the third quarter, the best quarter since 2003. On the other hand, employment is still relatively weak with only 2% of the nation’s counties recovered to prerecession unemployment, GDP, and real estate values. Unemployment […]

March 13, 2015

Economic outlook positive for 2015

The strength of the Lone Star State’s economy has led our national economy through the general gloom of the slowest national economic recovery in modern history. Now, with the price of West Texas Intermediate (WTI) crude oil hovering around $45/barrel, and unleaded gasoline selling for as little as $1.89 a gallon, some worry that the […]

February 14, 2014

How would you grade the recovery?

The recession seemed to come on so quickly, and yet the recovery seems to be slow catching on. Why does it feel like we’re still in a recession? Overall, GDP growth in 2013 was subpar with 2% growth. This is below the historical norm of 3%, and it’s been several years of under 3% growth. […]

August 9, 2013

A closer look at the unemployment picture

We received mixed new on the economy this month. On the one hand, real estate prices are up, GDP growth has improved, and the headline unemployment rate fell to 7.4%. On the other hand, a more detailed look at the unemployment situation reveals that we still have a long way to go to full recovery […]

February 22, 2013

Texas vs. California (Part 3)

This is our third installment in a series discussing Texas and California. We have written about why businesses and individuals seem to be leaving CA for TX. One in five Americans calls California or Texas home. The two most populous states have a lot in common: a long coast, a sunny climate, a diverse population, […]

October 26, 2012

The Best Economic News in a Long Time

Last week’s national housing starts and permits report is the best economic news in a long time. Why? Because housing always leads the economy, and the direction of that lead lasts a year or two into the future. And at this point, the positive trend in housing construction is strongly established. The most important measure […]