Government total expenditures| fred.stlouisfed.org
FRED Graph| fred.stlouisfed.org
In 1973, in response to the Yom Kippur War, OPEC introduced an oil embargo which caused prices to rise 300%. It ushered in an era of high inflation and political volatility. In 1979, the Iranian revolution caused another 300% rise in oil prices which caused a secondary inflation shock and…| Economics Help
In 1973, in response to the Yom Kippur War, OPEC introduced an oil embargo which caused prices to rise 300%. It ushered in an era of high inflation and political volatility. In 1979, the Iranian revolution caused another 300% rise in oil prices which caused a secondary inflation shock and…| Economics Help
Gross Domestic Product: Research and Development| fred.stlouisfed.org
After many quarters of healthy expansion, US economic activity abruptly contracted in the first quarter of 2025—President Trump’s first quarter in office. How did a strong economy begin to falter so quickly? Many, if not most, commentators attributed the decline to a surge in imports dragging down GDP. In truth, however, imports have no direct effect on GDP. Because of its popularity, it is important to debunk the myth that imports reduce GDP.| Rangvid’s Blog
Academic institutions in the United States contribute considerably to U.S. basic research. The federal government funds over half of academic research and development (R&D), but its share of support has declined while the share funded by institutions has grown. Academic R&D spending remains concentrated in very high research activity institutions, which train most U.S. science and engineering (S&E) doctoral students and employ most S&E postdoctoral researchers (postdocs). This report presents...| ncses.nsf.gov
The NFIB reported that it's Small Business Optimism Index confidence surged to its highest level in July, signaling recession fears.| ASBN Small Business Network
Real gross domestic product per capita| fred.stlouisfed.org
Gross domestic product per capita| fred.stlouisfed.org
