Tag: charles-goyette

Drivers Not Needed: Tesla "Autopilot" Software Allows Self-Parking Without Driver; Completely Driverless Public Transport Test in Arizona
January 13, 2016 0

Drivers Not Needed: Tesla "Autopilot" Software Allows Self-Parking Without Driver; Completely Driverless Public Transport Test in Arizona

By News Desk

Spectrum reports Uber Could Be First to Test Completely Driverless Cars in Public Uber CEO Travis Kalanick has made no secret about wanting robots to replace human drivers in his rideshare service—and now he’s found somewhere to develop them. Last month, the governor of Arizona, Doug Ducey, paved the way for the world’s first driverless taxis on public roads

Diving Into the Revisions: Construction Spending Revised Lower 7 Consecutive Months! 2015 GDP Will Decline vs. Estimates: By How Much?
January 5, 2016 0

Diving Into the Revisions: Construction Spending Revised Lower 7 Consecutive Months! 2015 GDP Will Decline vs. Estimates: By How Much?

By News Desk

PCE declined by 0.13.  That’s a total of decline for those three components of 0.37 percentage points. Part of that decline was based not only on revisions, but also on a month-over month decline in November construction spending of 0.4 percentage points. If 3/4 of the decline in those components is due to construction spending, then I estimate third quarter GDP will be revised about .57 percentage points lower, second quarter .56 percentage points lower, and first quarter .21 percentage points higher