Tag: US

Historical GDP of African OPEC Nations vs Oil Price

Historical GDP of African OPEC Nations vs Oil Price

2 million barrels of oil are extracted in the Niger Delta - costing $28.99 to extract each barrel of oil in Nigeria. This is significantly lower than the North Sea oil (at $44.33) but over three times more expensive than...

/ August 4, 2019

US Labour Share of GDP

The world economy cannot sustain itself if the majority of its participants are experiencing a decline in real income. Since inequality is not a self-evident vice, this raises the stakes...

/ February 14, 2019
US GDP and Unemployment

Chart of the Week: Week 45, 2016: US GDP and Unemployment

The chart shows that with the exception of 2 occasions, each time the incumbent was ousted at general election, GDP had fallen in the year prior.

/ November 10, 2016
US Federal Funds Rate

Chart of the Week: Week 50, 2015: US Federal Funds Rate

The board of the US Federal Reserve meets today, and it is widely expected that they will announce a small increase in their target rate, taking it away from the rock-bottom range of 0 - 0.25% for the first time...

/ December 16, 2015