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First-Quarter Growth May Look Better After Upcoming Statistical Tweaks

The Commerce Department on Friday said it is planning a series of steps to smooth out statistical quirks that may be affecting quarterly gross domestic product data.
The move could make first (and fourth) quarters of the year a little less bad and the rest of the year a little less good.

Source: http://blogs.wsj.com/economics/2015/05/22/first-quarter-growth-may-look-better-after-upcoming-statistical-tweaks/?mod=WSJBlog

Commentary: Inequality Hurts Growth, But How?

Students study math at the Ridings Federation Winterbourne International Academy in South Gloucestershire, England, in February.

Source: http://blogs.wsj.com/economics/2015/05/22/inequality-hurts-growth-but-how/?mod=WSJBlog

White House Taps Treasury Official to Coordinate Housing Policy

Michael Stegman will take the place of Seth Wheeler, who is leaving the National Economic Council next month.

The White House

Source: http://blogs.wsj.com/economics/2015/05/20/white-house-taps-treasury-official-to-coordinate-housing-policy/?mod=marketbeat

Portuguese Politicians Turn a Deaf Ear to IMF

Five months ahead of a general election, the Portuguese government and the main opposition Socialist Party can agree with one thing: the International Monetary Fund no longer has a say here.
Earlier this week, the IMF, which along with the European Union bailed out Portugal in 2011 with a 78 billion euro ($86.6 billion) loan, issued a staff report. Portugal, it wrote, is still far from achieving significant growth levels, having failed to implement all the necessary reforms to make its economy more competitive.

Source: http://blogs.wsj.com/economics/2015/05/20/portuguese-politicians-turn-a-deaf-ear-to-imf/?mod=WSJBlog

Economists React: Thailand’s GDP

People sort fish and seafood at a port in Mahachai, in Thailand’s Samut Sakhon province April 23, 2015.

Thailand’s economy eked out narrow on-qu

Source: http://blogs.wsj.com/economics/2015/05/18/economists-react-thailand-gdp-2/?mod=WSJBlog

Commerce to Offer New Ways to Measure the Economy

The Commerce Department will soon introduce new ways to measure the strength of the U.S. economy.

How’s the economy doing?

Source: http://blogs.wsj.com/economics/2015/05/15/commerce-to-offer-new-ways-to-measure-the-economy/?mod=WSJBlog
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