A selection of graphs and statistics about US Federal debt and the US Federal budget deficit / surplus. US Federal Deficit since 1946 The federal deficit is the annual difference between federal spending and federal tax revenues. For example, in 2012, Federal receipts (tax e.t.c) were $2,450.2 billion ($2.4 trillion) (15.8% of GDP) Federal spending …
A short summary of main US economy stats and where to find more detailed stats. Other data GDP: $16.66 trillion (Q-2 2013) GDP per capita $49,601 (2012) 10th, nominal; 6th, PPP Gini coefficient 0.48 (2011) Labor force 155.6 million (11.26 mil. unemployed) Related pages at economicshelp.org History of US national debt Other helpful external links …
There are different ways of looking at the UK recovery. Firstly, we can look at the damage done to the economy since the peak in 2008. The black lines suggests a possible pre-crisis trend rate of economic growth. A rough rule of thumb, suggests that had economic growth been maintained at the pre-crisis trend rate …
I don’t often post about something not related to economics, but if you ever wondered what I do in my spare time – Yesterday, I won the national hill climb championship at my 9th attempt. There are some very good pro riders in the field, and I was very happy to win. report at Cycling …
Back in the summer of 2010, Apple launched the iPad. It was launched to great excitement and it seems the initial euphoria was well placed. From sales of zero at the start of 2010, the tablet market has expanded to over 100 million units a year as we come towards the end of 2013. Sales …
To what extent can the government help boost domestic industry and manufacturing? In recent weeks, several politicians have talked about their desire to help UK manufacturing and boost industrial production. It may be a noble endeavour to try and boost UK industry and rebalance the economy away from financial services to manufacturing. But, how practical …
How much is the internet helping to increase productivity? Do distractions like Facebook and Twitter mean the overall benefits of the internet are less than we might hope? How does the internet compare to other technology revolutions, such as stem power and electricity? I often work from a cafe. It’s a nice combination – good …
Readers Question: I wanted to ask if it is necessary to include some facts, figures or information about what is really going on in the world. I am not really sure about it. I’ve seen my friends include details like the National Income figure of some countries or mention recession and what is really going …