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Washington Quietly Lifts Sanctions on Russian Rockets
January 7, 2016 0

Washington Quietly Lifts Sanctions on Russian Rockets

By News Desk

Popular Science in its article " Congress Moves to Lift Ban on Using Russian Rocket Engines " claims: After Russia invaded Crimea, Congress swore off Russian rocket engines. But its ban on using these rockets to launch military payloads into space was perhaps a bit too hasty. A new bill approved by Congress has found a way to nullify the ban.  United Launch Alliance (ULA), a joint venture of Boeing and Lockheed Martin that has long been the primary contractor for launching Defense Department payloads into space, relies on the Russian-made RD-180

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