#gdp

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#inflation

The U.S. economy is growing solidly. Here's what's working and what's not

The U.S. economy grew at a solid rate of 2.8%, primarily supported by strong consumer spending amid a healthy job market.

Australia's economy posts worst performance since 1992, excluding pandemic

Australia's economy faces severe declines following interest rate hikes, recording its weakest performance in over 30 years outside the COVID-19 pandemic.

New economic data could aid Democrats' case in election

Expect strong economic data this week that may benefit Democrats in the upcoming election.

Watch live as Sunak faces Starmer at PMQs as UK suffers economic blow

Britain is set to suffer the highest inflation and second-slowest growth rate in the G7.
The Organisation for Economic Co-operation and Development (OECD) has reduced its forecast UK growth rate for 2024.
UK GDP is expected to be 0.5% this year and increase to 0.7% next year before averaging at 1.2% over 2025.

A researcher who studied Trump's plans to control the Fed said it could tank the economy

Undermining Fed independence could shrink GDP and raise inflation significantly, according to Peterson Institute's analysis of Trump’s economic proposals.

What recession? Inside the gangbuster GDP report

The US economy experienced above-trend growth in 2023, contrary to predictions of a soft landing.
Inflation fell sharply while economic growth remained strong in 2023, reflecting improvement in the economy's supply potential.

The U.S. economy is growing solidly. Here's what's working and what's not

The U.S. economy grew at a solid rate of 2.8%, primarily supported by strong consumer spending amid a healthy job market.

Australia's economy posts worst performance since 1992, excluding pandemic

Australia's economy faces severe declines following interest rate hikes, recording its weakest performance in over 30 years outside the COVID-19 pandemic.

New economic data could aid Democrats' case in election

Expect strong economic data this week that may benefit Democrats in the upcoming election.

Watch live as Sunak faces Starmer at PMQs as UK suffers economic blow

Britain is set to suffer the highest inflation and second-slowest growth rate in the G7.
The Organisation for Economic Co-operation and Development (OECD) has reduced its forecast UK growth rate for 2024.
UK GDP is expected to be 0.5% this year and increase to 0.7% next year before averaging at 1.2% over 2025.

A researcher who studied Trump's plans to control the Fed said it could tank the economy

Undermining Fed independence could shrink GDP and raise inflation significantly, according to Peterson Institute's analysis of Trump’s economic proposals.

What recession? Inside the gangbuster GDP report

The US economy experienced above-trend growth in 2023, contrary to predictions of a soft landing.
Inflation fell sharply while economic growth remained strong in 2023, reflecting improvement in the economy's supply potential.
moreinflation
#recession

Germany's prolonged recession makes firms takeover targets DW 10/09/2024

The German economy is projected to face another year of recession with a GDP expected to shrink by 0.2% in 2024.

Britain's economy grows by more than expected in hope to avoid recession

UK economy grew by 0.3% in November, beating expectations and boosting hopes of avoiding a recession.
Services sector was the biggest contributor to economic growth in November, rising by 0.4%.
Chancellor of the Exchequer Jeremy Hunt sees slower growth ahead but believes tax cuts will put the UK in a strong position for future growth.

Germany: Economy grows slightly in third quarter DW 10/30/2024

Germany's economy grew by 0.2% in Q3 2024, narrowly avoiding a recession.

UK expected to leave recession as latest GDP figures published - BBC News

The UK's GDP figures will determine if the country is still in recession.

ONS to release GDP figures amid fears UK may have entered recession latest

The UK is likely to have entered a recession at the end of 2023, with a contraction in GDP for the second consecutive quarter.
The economy was weak throughout the year, with estimates suggesting no growth between April and June and contraction between July and September.

Canada's economy shrank by 0.3% in third quarter, StatsCan says | CBC News

Canada's economy shrank by 0.3% in Q3 due to stagnant household spending and declining exports.
This marks the second consecutive quarterly contraction, meeting the definition of a recession according to some experts.

Germany's prolonged recession makes firms takeover targets DW 10/09/2024

The German economy is projected to face another year of recession with a GDP expected to shrink by 0.2% in 2024.

Britain's economy grows by more than expected in hope to avoid recession

UK economy grew by 0.3% in November, beating expectations and boosting hopes of avoiding a recession.
Services sector was the biggest contributor to economic growth in November, rising by 0.4%.
Chancellor of the Exchequer Jeremy Hunt sees slower growth ahead but believes tax cuts will put the UK in a strong position for future growth.

Germany: Economy grows slightly in third quarter DW 10/30/2024

Germany's economy grew by 0.2% in Q3 2024, narrowly avoiding a recession.

UK expected to leave recession as latest GDP figures published - BBC News

The UK's GDP figures will determine if the country is still in recession.

ONS to release GDP figures amid fears UK may have entered recession latest

The UK is likely to have entered a recession at the end of 2023, with a contraction in GDP for the second consecutive quarter.
The economy was weak throughout the year, with estimates suggesting no growth between April and June and contraction between July and September.

Canada's economy shrank by 0.3% in third quarter, StatsCan says | CBC News

Canada's economy shrank by 0.3% in Q3 due to stagnant household spending and declining exports.
This marks the second consecutive quarterly contraction, meeting the definition of a recession according to some experts.
morerecession

Recent hurricanes are obscuring the U.S. economy's underlying trend

Hurricanes Helene and Milton caused a significant economic impact, obscuring U.S. economic conditions with an estimated $90 billion in losses.
#uk-economy

UK economy unexpectedly flatlines for second month in row

The UK economy flatlined in July, failing to show anticipated post-election growth, with only the services sector recording any increase.

New figures show UK economic growth weaker than first thought

The UK economy's growth in spring 2023 was revised down to 0.5%, indicating weaker economic performance than previously thought.

UK economy recorded no growth in April, figures show

The UK economy recorded no growth in April, with GDP remaining flat, causing concern amidst previous optimistic projections and political campaigning.

UK economy shrank faster than expected in October, new data reveals

The UK economy shrank in October due to bad weather affecting the manufacturing and construction sectors.
All three main sectors - manufacturing, construction, and services - experienced negative growth during this period.

Economy not doing as well as Sunak claims as it has 'stalled' - London Business News | Londonlovesbusiness.com

The UK economy experienced no growth in April despite a slight improvement earlier in the year.

UK economy unexpectedly flatlines for second month in row

The UK economy flatlined in July, failing to show anticipated post-election growth, with only the services sector recording any increase.

New figures show UK economic growth weaker than first thought

The UK economy's growth in spring 2023 was revised down to 0.5%, indicating weaker economic performance than previously thought.

UK economy recorded no growth in April, figures show

The UK economy recorded no growth in April, with GDP remaining flat, causing concern amidst previous optimistic projections and political campaigning.

UK economy shrank faster than expected in October, new data reveals

The UK economy shrank in October due to bad weather affecting the manufacturing and construction sectors.
All three main sectors - manufacturing, construction, and services - experienced negative growth during this period.

Economy not doing as well as Sunak claims as it has 'stalled' - London Business News | Londonlovesbusiness.com

The UK economy experienced no growth in April despite a slight improvement earlier in the year.
moreuk-economy

I Never Would Have Thought this is the 4th Largest Country in the World

Most of the world's population is concentrated in a few countries, impacting global economics and governance challenges.
#germany

Germany can't get its hands on important economic indicators because of a long-due tech update

Destatis has faced significant tech issues, leading to unavailability of crucial economic data impacting Germany's economic analysis.

Robert Habeck: 'We have to be more pragmatic and less bureaucratic'

Germany aims for net-zero carbon emissions by 2045 despite being a major polluter.
Germany's economy faced a decline, with a 0.3% decrease in GDP in 2023.

German economy shrinks in final quarter of 2023 DW 01/30/2024

Germany's GDP fell by 0.3% in Q4 2023 and 0.3% for the entire year, confirming previous estimates.
Economists predict a weak start to 2024 for Germany with the possibility of further shrinking in the first quarter.

Germany can't get its hands on important economic indicators because of a long-due tech update

Destatis has faced significant tech issues, leading to unavailability of crucial economic data impacting Germany's economic analysis.

Robert Habeck: 'We have to be more pragmatic and less bureaucratic'

Germany aims for net-zero carbon emissions by 2045 despite being a major polluter.
Germany's economy faced a decline, with a 0.3% decrease in GDP in 2023.

German economy shrinks in final quarter of 2023 DW 01/30/2024

Germany's GDP fell by 0.3% in Q4 2023 and 0.3% for the entire year, confirming previous estimates.
Economists predict a weak start to 2024 for Germany with the possibility of further shrinking in the first quarter.
moregermany

NATO Defense Spending: Which Countries Are Meeting Their Commitments?

23 of 32 NATO members are meeting the 2% defense spending goal, though Canada, Spain, and Italy struggle due to various challenges.

$1.3 Trillion was added to the U.S. GDP, thanks to this demographic

Latinas significantly contribute to the U.S. economy, with $1.3 trillion in GDP, showing rapid growth and vital economic influence.
#consumer-spending

Jill On Money: Consumers confound economists

U.S. GDP grew by 2.8% in Q2, surpassing expectations, driven by consumer spending and business investments.

Germany remains the eurozone's troubled economic child and sets back Europe, while the U.S. continues to lead the way

Europe's economy showed modest growth in Q2 with a persistent transatlantic growth gap.

Jill On Money: Consumers confound economists

U.S. GDP grew by 2.8% in Q2, surpassing expectations, driven by consumer spending and business investments.

Germany remains the eurozone's troubled economic child and sets back Europe, while the U.S. continues to lead the way

Europe's economy showed modest growth in Q2 with a persistent transatlantic growth gap.
moreconsumer-spending

Euro stabilises after losses - London Business News | Londonlovesbusiness.com

The Euro remains stable amid concerns about weak GDP figures in Germany and potential monetary policy changes.

Charts: U.S. Wholesale Trends Q1 2024

Monthly Wholesale Trade survey provides key economic indicators for the U.S.

Canadian economy grew 0.2% in February | CBC News

Canadian economy grew 0.2% in February, minimal growth expected in March.

Treasury secretary falters over 'basic' debt question

The Chief Secretary of the Treasury, Laura Trott, struggled to answer a question about the level of government debt on BBC Radio 4's PM programme.
Trott initially claimed that government debt was falling as a percentage of GDP, but the host countered that it was actually rising.
#economic-growth

Canada's GDP grew 0.3% in April, with rebound in some sectors | CBC News

Canada's economy grew by 0.3% in April, supported by various sectors like wholesale trade, oil and gas extraction, and manufacturing.

Chart: How Wall Street got 2023 all wrong

Economists expected a sharp slowdown in U.S. economic growth in 2022.
Consensus forecasts for annual GDP growth collapsed at the end of 2022 but rebounded later.

Canada's GDP grew 0.3% in April, with rebound in some sectors | CBC News

Canada's economy grew by 0.3% in April, supported by various sectors like wholesale trade, oil and gas extraction, and manufacturing.

Chart: How Wall Street got 2023 all wrong

Economists expected a sharp slowdown in U.S. economic growth in 2022.
Consensus forecasts for annual GDP growth collapsed at the end of 2022 but rebounded later.
moreeconomic-growth

Why are German farmers so angry? DW 01/10/2024

German farmers protested against the government's plan to end diesel subsidies and agricultural vehicle tax exemptions.
Despite rising food prices and increasing profits, German farmers argue that farming is an arduous occupation with relatively low earnings compared to other industries.

Economic forecasters see local climate as 'strong, but uncertain' in 2024 - Austin Monitor

2024 is expected to be less volatile but still uncertain due to ongoing government spending and the impacts of the pandemic.
The Austin area's strong growth trends and budget surpluses will provide a cushion for municipal budgets, even in the case of a small recession.

AI to cause massive economic deflation in next 25 years, predicts OpenAI investor Vinod Khosla

Billionaire investor Vinod Khosla, an early supporter of OpenAI, predicts a seismic shift in the global economy.

Economists Keep Singapore 2023 Growth Forecast Steady, Trim 2024 View in MAS Survey

Economists maintain growth forecast of 1.0% for Singapore's GDP in 2023
Views for 2024 trimmed due to risks from external slowdown.
#economy

German economy contracts in 3rd quarter DW 11/24/2023

Germany's economy contracted by 0.1% in the third quarter of 2023 compared to the second quarter.
Consumer spending fell by 0.3% in the third quarter and German exports and imports also declined.
A court ruling on diverting unused debt to a climate fund threatens the German government's plan and the economy's growth.

Australia's Economy Grew More Slowly in Third Quarter as High Rates Bite

Australia's economy grew by less than expected in the third quarter.
Concerns arise about the Reserve Bank of Australia's decision to raise interest rates.

China's GDP growth slowed last quarter to 4.7%, below forecasts, as 'insufficient' domestic demand takes a toll on the economy

China's economy grew at a slower rate of 4.7%, attributed to weak consumer demand and reduced government spending.

German economy contracts in 3rd quarter DW 11/24/2023

Germany's economy contracted by 0.1% in the third quarter of 2023 compared to the second quarter.
Consumer spending fell by 0.3% in the third quarter and German exports and imports also declined.
A court ruling on diverting unused debt to a climate fund threatens the German government's plan and the economy's growth.

Australia's Economy Grew More Slowly in Third Quarter as High Rates Bite

Australia's economy grew by less than expected in the third quarter.
Concerns arise about the Reserve Bank of Australia's decision to raise interest rates.

China's GDP growth slowed last quarter to 4.7%, below forecasts, as 'insufficient' domestic demand takes a toll on the economy

China's economy grew at a slower rate of 4.7%, attributed to weak consumer demand and reduced government spending.
moreeconomy

Logistics Report: Nickel Suppliers Pare Production; Consumers Cut Snack Spending

U.S. unemployment claims drop, UK GDP rises, IEA trims oil-demand forecast, company updates, shipping disruptions

Why is the US in so much debt and does it matter?

US debt is projected to exceed $50 trillion, reaching 122% of GDP by 2034.
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