Author: Anuj Kumar Chouhan

Economic Summary

Posted on by Anuj Kumar Chouhan

Q4 2016 GDP growth slows, even as the job market and consumer spending continued to strengthen. Q4 GDP growth stutters. In Q4 2016, the U.S. GDP grew 1.9% y/y, against the consensus estimate of 2.2%. A bigger trade deficit, a negative for GDP, was by far the biggest anchor in the fourth quarter. In Q4 2016, exports fell 4.3%, marking the biggest decrease in its exports rate since Q1 2015. GDP rose 1.6% in 2016, the slowest pace since 2011.

Growth in the Internet of Things Gathers Momentum

Posted on by Anuj Kumar Chouhan

Machine to machine (M2M) communications is a rapidly expanding area within technology, enabling devices to transfer critical information in real-time across both wireless and wired communications networks without human intervention. M2M technology is supporting the development and adoption of the Internet of Things (IoT) or Internet of Everything, which is expected to bring a wide range of benefits to both businesses and individuals in the near future, with applications for industrial and home automation, infrastructure management, environmental monitoring, energy management, and health monitoring. Its evolution is opening the way to large-scale developments, such as connected smart cities, smart grids, and other interconnected systems and processes.