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Gross Domestic Product

Experts: Economy improving after winter drop

Experts: Economy improving after winter drop

Despite a recent report of a slowing national economy, two national investment experts said Thursday in Billings that they still see signs of improving markets and consumer demand.

May 29, 2014 5:25 pm Photos

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Robert J. Samuelson: China may be No. 1 now in economic output

WASHINGTON — It's probable that the U.S. economy is no longer the world's largest. New World Bank figures, notes economist Arvind Subramanian of the Peterson Institute, suggest that sometime in 2014 China will overtake the United States in gross domestic product, the production of goods and …

May 15, 2014 12:00 amLoading…

Robert J. Samuelson: Why U.S. job creation is so hard after recession

WASHINGTON — President Obama and Democrats want more jobs. So do Republicans. Heck, everyone does. Yet, job creation is weak. It's true that the economy has generated 5.5 million jobs from its low point. Still, there are 3.2 million fewer jobs now than at the previous high. The official unem…

February 19, 2013 12:00 amLoading…
North Dakota leads nation in growth

North Dakota leads nation in growth

North Dakota topped the nation last year in rapid economic growth.

June 10, 2012 12:00 amLoading…

Robert J. Samuelson: The budget outlook: déjà vu all over again

WASHINGTON — It isn’t getting much coverage, but the Congressional Budget Office has just issued its latest long-term budget outlook. Frankly, there’s not much news here. The long-term prospect is bleak. The basic question remains: How much will the costs of retiring baby boomers crowd other…

June 07, 2012 12:00 amLoading…

George F. Will: British leader aims to shrink state to save economy

LONDON — The chancellor of the exchequer has a dry, sly sense of humor. George Osborne, 40, says Britain escaped the sort of housing bubble and crash that staggered America because, whereas America recklessly expanded its housing stock, “We were saved by the fact that you can’t build anythin…

August 12, 2011 12:00 amLoading…

Robert J. Samuelson: Tiny Latvia's tough decisions saved its economy

WASHINGTON — Maybe we Americans can learn from Latvia. Yes, Latvia.

July 19, 2011 12:00 amLoading…

Wyoming State GDP ranked 50th in nation

CASPER, Wyo. — Wyoming’s real gross domestic product in 2010 declined by 0.3 percent and earned the state a national ranking of 50th, according to estimates released last week by the U.S. Bureau of Economic Analysis.

June 11, 2011 11:45 pmLoading…

Guest opinion: What Obama and Ryan don't say in their budget plans

The United States has a revenue problem as much as a spending problem. Using the trends of the last 100 years, by 2030 we will have a GDP of over $23 trillion per year. Using current current budget percentage rates we will have a federal budget of almost $6 trillion if we stay at 25 percent …

April 30, 2011 12:00 amLoading…

Robert J. Samuelson: Budget debate little more than PR campaign so far

WASHINGTON — In the Great Budget Debate, Democrats and Republicans are closer than you might think. Neither is proposing a balanced budget anytime soon; both peddle soothing myths to convince supporters that they’re upholding either “liberal” or “conservative” values. Meanwhile, the public s…

April 20, 2011 12:00 amLoading…
Baucus defends efforts on health care reform despite critics

Baucus defends efforts on health care reform despite critics

The 1-year-old Affordable Care Act will prove over time to be a “major benefit to Montanans and it will be appreciated,” but it will take time, said Sen. Max Baucus, as objections to the law continue to make state and national headlines.

March 31, 2011 12:15 am Photos

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Robert J. Samuelson: Slaying inflation was Reagan's biggest domestic triumph

Robert J. Samuelson: Slaying inflation was Reagan's biggest domestic triumph

WASHINGTON — We are deluged with Ronald Reagan celebrations and retrospectives, but most are misleading. They omit Reagan's singular domestic achievement and the wellspring of his popularity: the defeat of double-digit inflation. In 1979 and 1980, inflation averaged 13 percent; by 1984, it w…

February 13, 2011 12:05 amLoading…

Wyoming's GDP grows at second-fastest pace in nation

CASPER, Wyo. — Wyoming experienced the second-fastest growth in real Gross Domestic Product among all states in 2009, according to a new report from the federal Bureau of Economic Analysis.

November 20, 2010 11:45 pmLoading…

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