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Tag Archives: economy

CBO Looks at Effects of Partial Gov’t Shutdown; Forcepoint’s Eric Trexler Comments

The Congressional Budget Office has released a report that assesses the effects of the five-week partial government shutdown on the federal budget and economy. CBO estimates that the partial shutdown resulted in the delay of federal discretionary spending worth approximately $18B for the procurement of goods and services, compensation and other government services, according to the report.

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Brookings Institution Report: Global Internet Disruptions Cost at Least $2B Over 12-Month Period

A study released by the Brookings Institution has found that the economic cost of temporary internet shutdowns that occurred in various parts of the world between July 1, 2015 and June 30, 2016 reached at least $2.4 billion. Darrell West — vice president and director of governance studies and founding director of the Brookings Institution’s …

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Bureau of Economic Analysis: GDP Up 2% in 2015’s Third Quarter

The real gross domestic product increased 2.0 percent in the third quarter of 2015, buoyed by a growth in consumer spending, business fixed investments and residential investments, according to the Bureau of Economic Analysis. The White House said Tuesday real gross domestic output also grew 2.3 percent in the third …

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Commerce Dept: US Manufacturing Sales Up 1.1% in Q1

A new report from the Commerce Department indicates that orders for factory goods in the U.S. rose 1.1 percent in the first quarter of 2014, Reuters reported Friday. Lucia Mutikani writes the department found inventories were up 0.1 percent in March, down from 0.7 percent in the previous month. Unfilled factory …

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