GDP 1st Qtr 2011 – Revised

I missed posting this a few days ago.  Bureau of Economic Analysis says first revision of the GDP estimate for 1st quarter 2011 was essentially unchanged from the initial "flash" estimate provided at the end of April.  The U.S. economy grew at approx. 1.8% annual rate. While the overall growth rate was unchanged, there was … Continue reading GDP 1st Qtr 2011 – Revised

Doing With Less Oil

Recession and revulsion at BP are doing what many thought not possible:  getting Americans to use less gasoline per person per day.  From Political Calculations: The chart to the right reveals what we found when we took the U.S. Energy Information Agency's figures for the average number of thousands of barrels of Finished Petroleum Products … Continue reading Doing With Less Oil