Posts Tagged ‘GDP’

South America: Politics And Foreign Trade Hinder Growth

Peru, Colombia and Chile have been garnering a lot of international attention as they continue to show overall economic improvements driven by favorable public policies. Unfortunately, decelerating trade and lower commodity pricing are affecting both the trade balance and currency levels, particularly for Colombia and Peru where negative trade balances have resulted in a much […]

Brazil: A Sort Of Quagmire

On February 8th, The Economist printed a major article entitled, “In a quagmire,” about recent economic events in Brazil. The article was on point, and does a good job of explaining what the country is going through; politicians wagging the dog, soaring inflation, eroding consumption, deteriorating fiscal accounts, corruption scandals (i.e. Petrobras), and a major […]

The Economy is Looking Up

Although the GDP report showed modest growth there are underlying signs of strength

Consumer Confidence Concerns

Although I have been focusing on the importance of the business sector in this recovery, we can never forget the consumer. Even with slower growth, consumer spending in the second quarter of 2010 accounted for 70.3% of total GDP. This is less than the 71.3% it accounted for in early 2009, but still a considerable […]