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    Back to To the Point

    To the Point

    Drop in Gross Domestic Product Could Have Been Worse

    The US economy shrank last year, but not as fast as expected. Instead of a predicted drop of 5.1 percent, it was only 3.8. That's hardly good news. Paul Ashworth, who analyzes the US economy for foreign investors and large banks, is senior US economist at Capital Economics in Toronto.

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    By Warren Olney • May 12, 2014 • 1 min read

    The US economy shrank last year, but not as fast as expected. Instead of a predicted drop of 5.1 percent, it was only 3.8. That's hardly good news. Paul Ashworth, who analyzes the US economy for foreign investors and large banks, is senior US economist at Capital Economics in Toronto.

    The full episode

    1 of 3
    Does Bipartisanship Really Matter?
    1. 1:40Drop in Gross Domestic Product Could Have Been WorseYou’re reading this
    2. 7:46Does Bipartisanship Really Matter?
    3. 41:31Public Outraged at Wall Street Excess
    • https://images.ctfassets.net/2658fe8gbo8o/AvYox6VuEgcxpd20Xo9d3/769bca4fbf97bf022190f4813812c1e2/new-default.jpg?h=250

      Warren Olney

      former KCRW broadcaster

    • KCRW placeholder

      Paul Ashworth

      Senior US Economist, Capital Economics

      NewsNationalPolitics

    The full episode

    1 of 3
    Does Bipartisanship Really Matter?
    1. 1:40Drop in Gross Domestic Product Could Have Been WorseYou’re reading this
    2. 7:46Does Bipartisanship Really Matter?
    3. 41:31Public Outraged at Wall Street Excess
    Back to To the Point