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Showing posts with label prediction. Show all posts
Showing posts with label prediction. Show all posts

Saturday, October 1, 2016

Earthquake Prediction in California October 2016






A suprising warning has been issued by officials that there is an increased possibility of a moderate to strong earthquake striking southern California within the next few days.

A "Swarm" of smaller tremors set off the alert, due to the worry that these may have increased the pressure along the San Andres fault line.

Only two of the tremors were above 4.0 on the richter scale but the area that they hit are of particular concern of seismologists.

“This is close enough to be in that worry zone,” said seismologist Lucy Jones to Los Angeles Times. “It’s a part of California that the seismologists all watch.”

Saturday, August 27, 2016

GDP Growth United States August 2016





The U.S economy expanded by 1.1% in the second quarter of 2016 (April - June), slightly less than the predicted 1.2% by economists.

One of the main reasons for this slow growth is due to businesses reducing their inventories and spending less on new infrastructure and equipment, however growth is expected to pick up in the summer and fall due to greater consumer spending.

The US economy has not been able to achieve over 3% economic growth on an annual basis since 2005, and since the financial crisis of 2008-2009, the economy has been decidedly sluggish.

Annual growth for 2015 was 2.6% compared to just 1% for the first six months of 2016, this slowdown can be attributed in part to economic instability in China and the strong dollar stunting the export market.