That was the annual rate increase in the U.S. gross domestic product in this year’s second quarter, according to Commerce Department statistics released today. The increase was smaller than the revised 2 percent gain in the previous quarter. Surrogates for...
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Photograph by David Goldman/AP Photo
A customer at a Lowe's store in Atlanta.
Bloomberg by the Numbers: 1.5
Photograph by Ty Wright/Bloomberg
Welders in Columbus, Ohio.
Election-Year GDP: Now and Then
Written by Chris Middleton and Mike Dorning With a second-quarter GDP reading today of 1.5 percent, President Barack Obama officially presides over the weakest spring economy going into a November presidential election since Jimmy Carter in 1980. Things did not...
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Photograph by Robert Nickelsberg/Getty Images
An Italian tourist with American flags she bought in Times Square.
Lost and Found Tells the Story: America is Exporting Itself Well
Here’s a new economic indicator: the lost-and-found in Times Square. Inside the New York Marriott Marquis at Times Square, that is — where a pile-up of used clothing is shining a light on a “bright spot” in the U.S. economy....
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Photograph by Chip Somodevilla/Getty Images
Political ads with former President Ronald Reagan.
Obama’s Reagan Rewind: ‘Why Would We Ever Want to Return?’
“It’s morning again, in America,” a narrator for Ronald Reagan’s re-election once said, in a memorable campaign ad from 1984. What his predecessor had tried, he said, wasn’t working. And there was no point in going back. President Barack Obama is...
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Photograph by Justin Lane/EPA
A job fair in Brooklyn, New York.
Bloomberg by the Numbers: 36
That’s the percentage of people who said this month that the U.S. economy is worsening, according to the Bloomberg Consumer Comfort Index. It’s the highest percentage since January and up from 33 percent in June. About 25 percent said the...
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Photograph by Saul Loeb/AFP/Getty Images
President Barack Obama during a meeting of the President's Council on Jobs and Competitiveness.
Obama’s Jobs Council in 30 Seconds
Here’s what’s wrong with 30 seconds in politics: The president has a lot on his plate. So said Jay Carney, the White House press secretary, when asked why the president’s Jobs Council hasn’t met in several months. So notes the...
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Photograph by AP
Harris Stanley, the most youthful manger in major league baseball, with President Calvin Coolidge and Mrs. Grace Coolidge just before the start of the opening game in Washington between the Senators and the Athletics.Photograph by AP
Bush’s Book: Growth Lessons from Calvin Coolidge & Baseball’s Answer
The Bush library is out with its first book. That’s the George W. Bush Presidential Center, its establishment with a library and think tank at the alma mater of former first lady Laura Bush generating no small controversy on the...
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Photograph by Chris Ratcliffe/Bloomberg
The Boeing Co. stand during the Farnborough International Air Show.
Boeing’s `Zero GDP’ Air-Show Sales
The Farnborough air show, taking place this week outside London, was supposed to be the year’s biggest bash for buyers and sellers of airplanes. Instead it’s been a disappointment, with orders falling short of expectations and “almost no one coming...
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Photograph by Scott Houston/Corbis
A job fair in New York City.
`Glum’ Global Outlook, Pew Finds
People aren’t in a good mood in many places. “The economic mood is exceedingly glum around the world,” Andrew Kohut, president of the Pew Research Center, reports of a new global survey. Worldwide, just 27 percent of those surveyed say...
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Bloomberg by the Numbers: 29,553
That’s how many presidential election ads ran on national network, national cable and local broadcast television stations in the seven-day period ended July 9, according to New York-based Kantar Media’s CMAG, which tracks advertising. President Barack Obama’s re-election campaign was...
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Contributors
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Al Hunt
is a columnist for Bloomberg View and host of the weekly show "Political Capital with Al Hunt" on Bloomberg TV. -
Mark Silva
is deputy managing editor for government news in Washington and editor of Political Capital. He has covered the White House and national politics. -
Emma Fidel
is political editor for Bloomberg.com in Washington. She previously covered financial regulation as a Bloomberg intern. -
Don Frederick
edits political and government coverage for Bloomberg News. He previously worked for more than a decade at the Los Angeles Times' Washington bureau. -
Gregory Giroux
analyzes elections, financing of congressional and presidential elections, political advertising and demographics in Bloomberg's Washington Bureau. -
Julie Bykowicz
covers the influence of money and lobbying in Washington, and covered the state legislature and city crime for the Baltimore Sun for 10 years. -
Jonathan Salant
covers campaign finance and lobbying in Washington. He was president of the National Press Club and started in Washington in 1987. -
Richard Rubin
covers federal tax policy. He worked at Congressional Quarterly and The Charlotte Observer before joining Bloomberg News in 2010. -
Julie Hirschfeld Davis
is a senior political reporter for the Washington Bureau. She covered the 2012 campaign for Bloomberg News and previously covered the White House for the Baltimore Sun. -
Lisa Lerer
covers the White House and covered the 2012 campaign for Bloomberg News. She covered Congress, lobbying and the 2008 campaign for Politico. -
John McCormick
is a national political reporter looking forward to the 2016 presidential campaign, which will be the fifth he's covered. He's also reported for The Des Moines Register and Chicago Tribune. -
Julianna Goldman
covers the White House for Bloomberg News and Bloomberg Television. -
Hans Nichols
covers the White House for Bloomberg News and Bloomberg Television. -
Margaret Talev
covers the White House for Bloomberg News and covered the White House for McClatchy Newspapers. She has covered California and Florida politics. -
Cary O'Reilly
is Editor at Large at Bloomberg First Word and is Washington Daybook columnist for Bloomberg Government and Bloomberg News.
