It’s Only Common Sense Mastering the Follow-Up—The Key to Closing More Deals
Driving Innovation: Registration in PCB Production Throughout the Process
Dan's Biz Bookshelf: 'Getting Naked: A Business Fable'
Top Line Number Masks Strong Domestic Demand
October 29, 2015 | The Conference BoardEstimated reading time: Less than a minute
The U.S. Bureau of Economic Analysis today reported 1.5 percent annualized growth in real Gross Domestic Product for the third quarter of 2015. As expected, the slow growth in GDP was largely a result of slower inventory buildup. A better gauge of the trend in current economic activity is final sales of domestic products, which held quite well at 3.0 percent.
Household spending is the main engine of the U.S. economy right now with consumption spending growing at 3.2 percent and residential investment at 6.1 percent in the third quarter. The still lingering impact of the low oil prices on investment is still visible in the structures components, but overall investment in equipment recovered nicely to 5.3 percent.
Moving forward, we continue to expect U.S. households to push GDP growth only slightly beyond its long run trend which we estimate to be about 2 percent right now. In the coming year, we expect GDP growth to average about 2.5 percent, despite still downward pressure from net exports.
Share on:
Suggested Items
Rules of Thumb: Design007 Magazine, November 2024
11/11/2024 | I-Connect007 Editorial TeamRules of thumb are everywhere, but there may be hundreds of rules of thumb for PCB design. They’re built on design formulas, fabricators’ limitations, and tribal knowledge. And unfortunately, some longtime rules of thumb should be avoided at all costs. How do we separate the wheat from the chaff, so to speak?
Connect the Dots: Best Practices for Prototyping
09/21/2023 | Matt Stevenson -- Column: Connect the DotsPCB prototyping is a critical juncture during an electronic device’s journey from concept to reality. Regardless of a project’s complexity, the process of transforming a design into a working board is often enlightening in terms of how a design can be improved before a PCB is ready for full production.
The Drive Toward UHDI and Substrates
09/20/2023 | I-Connect007 Editorial TeamPanasonic’s Darren Hitchcock spoke with the I-Connect007 Editorial Team on the complexities of moving toward ultra HDI manufacturing. As we learn in this conversation, the number of shifting constraints relative to traditional PCB fabrication is quite large and can sometimes conflict with each other.
Asia/Pacific AI Spending Surge to Reach a Projected $78 Billion by 2027
09/19/2023 | IDCAsia/Pacific spending on Artificial Intelligence (AI) ), including software, services, and hardware for AI-centric systems will grow to $78.4 billion in 2027, according to International Data Corporation's latest Worldwide Artificial Intelligence Spending Guide.
Intel to Sell Minority Stake in IMS Nanofabrication Business to TSMC
09/13/2023 | IntelIntel Corporation announced that it has agreed to sell an approximately 10% stake in the IMS Nanofabrication business to TSMC. TSMC’s investment values IMS at approximately $4.3 billion, consistent with the valuation of the recent stake sale to Bain Capital Special Situations.