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Does 2010's 4th. Quarter Results Signal Good Times?

Coaching Tip

Gross domestic product (GDP)—a broad measure of all goods and services produced—grew at a 3.2% Final sales—a measure that gives a feeling for underlying demand in the economy by subtracting the change in business inventories from GDP—notched its biggest increase since 1984, growing 7.1% percentage points to GDP.

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China, America, and Copycat Economics

Harvard Business Review

In the second quarter of 2011, China's Gross Domestic Product (GDP) growth slowed to 9.5%. pace in the first quarter of 2010. From the vantage point of many in the United States, where optimistic estimates of GDP growth continue to be cut and now hover around 2%, it seems that the Chinese "problem" is a nice one to have.

GDP 13
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The Hidden Costs of Cash

Harvard Business Review

This cost is also disproportionately borne by mom-and-pops, many of which operate in poor neighborhoods and rural areas. About 12% of the federal budget in 2012 supported programs that provide aid (other than health insurance or Social Security benefits) to poor families. It can be difficult to transport and is inherently insecure.

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Big-Project Engineers Have to Deal with Too Much Red Tape

Harvard Business Review

On August 5, 2010, a mine collapsed in Chile’s Atacama Desert, trapping 33 miners more than 2,000 feet underground. The stakes are particularly high for cities, where urban infrastructure projects from mass transit to bridges , tunnels, housing, and hospitals too often exceed their budgets by enormous sums.