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Tag Archives: durable goods

Dissecting the First Quarter GDP Numbers

Posted on May 3, 2010 by Tony Lima

The contribution of government spending to first quarter growth was -0.37%. You read that correctly. Government spending was actually a drag on the economy. Continue Reading →

Posted in The state of the economy | Tagged bureau of economic analysis, business inventories, consumer spending, durable goods, economy, gdp, gross domestic product, private domestic investment

Our Favorite Economist Tony Lima

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Economist Thoughts

TARIFF, n. A scale of taxes on imports, designed to protect the domestic producer against the greed of his customers. — Ambrose Bierce

“Everybody knows that once something is declared a right, the laws of supply and demand are automatically repealed.” – Ben Shapiro, podcast, September 4, 2018

Why I will not use government data from now on

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  • The 14 United States of Gasoline
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  • The 14 United States of Gasoline June 27, 2022
    Are there really 17 different kinds of gasoline blends in the U.S.? In fact, there are currently 14 united states of gasoline. Continue Reading →
    Tony Lima
  • Casey Mulligan on the Coming Recession. June 16, 2022
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  • Iowahawk Teaches Econ 1 June 11, 2022
    If you never understood basic economics, David Burge (@IowahawkBlog) has put together a pretty convincing tutorial. Iowahawk teaches econ 1. Continue Reading →
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  • Replacing the Drum Units in the Ricoh SP C360SFNw Multifunction Printer May 25, 2022
    Replacing the drum units in the Ricoh SP C360SFNw multifunction printer takes patience.  This video shows you many time-saving tricks.  Continue Reading →
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