US economy up by 2.4% in 2014, up by 2.5% in the final quarter (user search)
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  US economy up by 2.4% in 2014, up by 2.5% in the final quarter (search mode)
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Author Topic: US economy up by 2.4% in 2014, up by 2.5% in the final quarter  (Read 1573 times)
Tender Branson
Mark Warner 08
Atlas Institution
*****
Posts: 58,192
Austria


Political Matrix
E: -6.06, S: -4.84
« on: January 30, 2015, 10:01:54 AM »
Tables 7 & 8:

http://www.bea.gov/newsreleases/national/gdp/2015/txt/gdp4q14_adv.txt

The growth rate in 2014 was 2.4% for the full year.

In 2013 it was 2.2%
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Tender Branson
Mark Warner 08
Atlas Institution
*****
Posts: 58,192
Austria


Political Matrix
E: -6.06, S: -4.84
« Reply #1 on: January 30, 2015, 10:05:50 AM »
That means the UK beat out the US last year.

The UK had a 2.6% growth rate last year.
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Tender Branson
Mark Warner 08
Atlas Institution
*****
Posts: 58,192
Austria


Political Matrix
E: -6.06, S: -4.84
« Reply #2 on: January 31, 2015, 10:38:54 AM »
Austria's GDP only went up by 0.3% in 2014, the WIFO said yesterday.

In the 2nd half of 2014, the economy even stagnated with 0% "growth" in both quarters.

2015 will probably be not much better, but if the government passes the tax-reform and tax-cut package in March, the economy might be back on a good footing starting in 2016 (the tax reform package would start Jan. 1, 2016).

...

Germany's GDP went up by 1.5% last year and Spain is also back in the growth zone (+1.4%)
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