| 单词 | GDP |
| 例句 | With the fourth-quarter data, GDP for all of 2011 expanded at a 1.7 percent rate -- a pace too weak for employers to add enough jobs to keep up with the workforce population and productivity gains. U.S. GDP growth quickens in Q4, but speed-bumps ahead 2012-01-27T13:42:00Z The contemporary duet “Growth,” which the choreographers will perform July 22, responds to our era’s obsession with economic indicators like the GDP. Natalia Arias’s ‘Femininity Beyond Archetypes’ photos strike unusual poses They have demanded Greece make extra spending cuts worth 1 percent of GDP - or just above 2 billion euros - this year, including slashing defense and health spending as well as cutting redundant state entities. Greek PM tries to win backing from parties for reforms 2012-01-29T14:40:07Z No one is calling for an end to tourism, which accounts for around 17% of the city’s GDP, and directly employs some 90,000 people. Barcelona adds Segway ban to curbs on tourism 2017-08-11T04:00:00Z While per capita GDP in Israel is an estimated $36,200, according to the latest data in the CIA handbook, in the surrounding Palestinian Territories it is put at just $2,900. Pope to visit a land of disappearing Christians 2014-05-22T04:00:00Z These figures are based on GDP in national currency. Can cities desegregate? 2012-05-28T15:00:00Z The government is hoping the campaign to lure the rich from the mainland will bring more jobs to the island and raise the GDP. Puerto Rico: Tropical Tax Haven for America's Super-Rich 2014-06-26T04:00:00Z By way of comparison: spending averaged 19.8% of GDP under Bill Clinton, a time that few Democrats considered especially barbaric. How Romney Can Reduce Spending While Repealing Obama's Cuts to Medicare 2012-08-15T06:07:56Z Annual global remittances are about $160bn – more than twice foreign aid flows and a big chunk of GDP in some countries. Why the left is wrong about immigration 2013-03-27T11:59:50Z His main goal, he said, would be to challenge the Labour government's "horrible utilitarianism, which hates everything old and everything that doesn't contribute to the nation's GDP". Boris Johnson's cultural policies are nothing to be proud of 2010-06-24T16:30:00Z A study released on Monday found that unequal distribution of vaccines could sap more than $9tn from global GDP this year by depressing consumer demand in unvaccinated countries where normal life had yet to resume. Most poor countries will not achieve mass Covid-19 immunisation until 2024 2021-01-26T05:00:00Z While that was an acceleration from the feeble growth rate of 1.8 percent in the summer, the latest GDP figure was below the 3 percent that most analysts were projecting. U.S. GDP growth quickens in Q4, but speed-bumps ahead 2012-01-27T13:42:00Z Oil prices were high, and although the vast majority of Texas’s jobs aren’t in oil — the energy industry is capital-intensive rather than labor-intensive — it’s still a significant component of state GDP. ArtsBeat: Q. and A.: Erica Grieder on What America Can Learn From Texas 2013-05-01T14:00:56Z But when you learn that it cost twice the national GDP of Tuvalu, you can’t help but expect something. Comedians in Cars Getting Coffee: how Netflix totalled Seinfeld's star vehicle 2019-07-19T04:00:00Z International financial institutions, impressed by the country’s strong GDP growth, lauded the president. Reading Piketty on the Nile 2016-02-04T05:00:00Z Healey said of the transatlantic deal: "Even on the most measured assessment it could be worth an extra £4bn a year to Britain's GDP." European official commits to safeguarding NHS in EU-US trade deal 2014-07-10T04:00:00Z The study then extrapolated those costs to other countries based on their GDP - a life would be valued at $910,000 in a nation where per capita GDP was a tenth of Americans'. Violence at home costs $8 trillion a year, worse than war: study 2014-09-09T04:00:00Z "Despite continued low interest rates and better real GDP growth in the fourth quarter, home prices continue to fall," said David Blitzer, chairman of S&P Indices' index committee, in a statement. Chicago home prices slide again in November, to 2001 levels 2012-01-31T14:55:00Z Those numbers are a pretty close match with predictions made when it was first announced that GDP methodology would be changing. Hey, America: Entertainment Just Made You Hundreds of Dollars Richer 2013-08-01T18:08:13Z Public expenditures on maternity leave are estimated to amount to an average of 0.3 percent of GDP for leave payments in countries in the European Union and the OECD. Motherlode: Maternity Leave and Human Rights 2011-02-24T23:20:47Z While the U.S. enjoys the second highest per capita GDP of $45,336, it ranks in an underperforming 16th place overall. Global rankings study: America in warp-speed decline 2014-04-09T12:15:00Z But conceptually you’d expect the wartime spending to have a bigger effect for various reasons on the GDP than the equivalent amount of expenditure in a non-war situation. What can we learn from the Great Depression? 2012-08-27T11:45:00Z The coalition of arts groups says the creative industries now account for 2 million jobs and more than 6 percent of Britain's GDP. UK arts institutions to government: Don't ax funds 2010-03-25T12:44:00Z And that’s happening geopolitically — 2019 was the first year in a hundred with cumulative GDP of the autocracies greater than that of the democracies. International Rescue Committee CEO: ‘The way refugees are seen is a running commentary on our own values’ 2021-09-16T04:00:00Z Next, Yang bemoaned “the almighty dollar” that clouds our rectitude and recommended that we reconfigure GDP so that it measures health and sustainability, not just economic output and growth. We watched all 7 hours of CNN’s climate town hall so you didn’t have to 2019-09-05T04:00:00Z So brilliant is the ex-valet's interpretation of tax law that the British taxpayer accidentally ends up owing Bertie the entire GDP of China. Clark Kent's got a new job. But where next for Morse, Jeeves and Mr Chips? 2012-10-27T23:18:27Z Developing such a system probably was essential, given the complexity of modern economies; one of the handicaps nations faced in fighting the Depression was that no one had the kind of birds-eye view GDP provides. ‘Double Entry’: crediting the Venetians for creating modern accounting 2012-12-07T00:24:51Z The happiness survey – officially the World Happiness Report from the Sustainable Development Solutions Network – looks at factors including per capita GDP, life expectancy, social support and “perceptions corruption.” Heaven knows we’re miserable now: Reports reveal just how unhappy Americans are — and for good reasons 2015-06-11T04:00:00Z Most analysts see the GDP growth rate retreating early this year to about 2 percent. U.S. GDP growth quickens in Q4, but speed-bumps ahead 2012-01-27T13:42:00Z We measure GDP by the amount of physical stuff put through the system. John Hopkins 2013-01-28T17:16:23Z Afghanistan is – and long has been, even while ruled by the ostentatiously abstemious Taliban – a narco-state: half its GDP is generated by drugs. Our Drugs War 2010-08-16T05:45:00Z “Wealth tends to be a good contraceptive,” Pacey says – as GDP rises, people tend to have fewer children. The rise of Big Sperm: does the tech world have the answer to our semen crisis? 2019-07-07T04:00:00Z Most rich economies have capital stocks more than three times as big as their GDP; China’s was still just 2.4 times as high in 2010. Neither a bull nor a bear be 2016-04-28T04:00:00Z Most economists will readily concede that GDP wasn't designed to be the sole gauge of economic success. Authors dubious that economic growth leads to happiness 2011-12-08T21:37:04Z Tourism provides more than 235 million jobs, with more than 9 percent of global GDP generated from the industry. Climate change can be stopped 2012-12-09T17:00:00Z Add in a podcast explaining what GDP is, and the whole thing becomes an exercise in frustration. ‘Most of us are too busy to be better’: the lazy person's guide to self-improvement 2018-01-06T05:00:00Z Madgavkar also notes that gender equality and GDP are not necessarily two sides of the same coin. Gender Inequality Costs the Global Economy $28 Trillion 2015-09-24T04:00:00Z It's not like a 200 percent of GDP, like Greece. Q&A: Yoram Bauman — economist, author, jokester 2012-06-22T19:38:04Z The economy had boomed, with years of sustained 10 percent annual growth yielding significant jumps in life expectancy, living standards and GDP. A Remarkable Rail Journey Into the Horn of Africa’s Past, and Future 2019-04-08T04:00:00Z They have pumped new revenues equivalent to 0.6% of the GDP in Kenya alone. Africa innovations: 15 ideas helping to transform a continent 2012-08-25T23:05:54Z The country’s GDP “was below zero. Whoever heard of this? It’s never below zero.” The King of Contempt 2017-05-27T04:00:00Z Sometimes the spending in a year is 20 per cent of GDP, which is absolutely astounding. What can we learn from the Great Depression? 2012-08-27T11:45:00Z Kellogg Foundation case study that found the U.S. stands to realize a staggering $8 trillion gain in GDP by closing the racial equity gap by 2050. Changing the face of craft beer: Crowns & Hops is funding racial equity for Black-owned breweries 2020-08-31T04:00:00Z Annual waste in the U.S. healthcare system is estimated at $700 billion per year, roughly equal to the GDP of the Netherlands. Wanted: Dropbox For Health Care 2012-06-20T12:09:59Z Because 60 percent of the island’s GDP comes from tourism, it has been slow to recover from the global recession. Seeing the Whole of Antigua 2014-11-07T05:00:00Z This year alone, pet spending in the U.S. is estimated to exceed $72 billion, which is more than the combined GDP of the 39 poorest countries in the world. The $70 billion Americans spend on pets could do more good 2018-10-15T04:00:00Z Photograph: Sony Pictures It's no accident that the three African countries with the highest GDP are also the three with sustainable film industries: South Africa, Egypt and Nigeria. Only greater inclusivity will give South Africa full ownership of its cinema 2012-06-13T16:07:05Z It is the largest bilateral trade deal ever negotiated – worth an estimated £4bn to UK GDP. Two-third of voters in Tory marginals want NHS exempt from US trade pact 2014-08-07T04:00:00Z The UK's arts and culture sector is the largest cultural economy in the world as a share of GDP. Theatres get lottery funds boost 2013-01-22T19:18:11Z Data from the World Travel and Tourism Council showed that the total contribution of travel and tourism to Portugal’s GDP reached 19.1% in 2018. Weeding out fakes? Lisbon tourism at threat from 'drug' dealers 2020-02-08T05:00:00Z Economists estimate the extra public holiday will cost billions of pounds, with one saying it will knock a quarter of a percentage point off second-quarter GDP growth. Fervor builds ahead of British royal wedding 2011-04-28T13:47:35Z Government estimates put the contribution of tourism at around 6.5 percent of GDP. France, despite woes, remained tourism world champion in 2013 2014-08-12T04:00:00Z In these so-called modern times, we have become obsessed with GDP and lost our soul. Digested read: Harmony by HRH The Prince of Wales 2010-10-18T20:00:00Z Many natural measures – consumer confidence, GDP growth, unemployment, coronavirus cases and deaths – have direct economic effects. What our Spotify playlists reveal about the emotional nature of financial markets 2021-09-11T04:00:00Z While gender equality boosts GDP, strong economies don’t always boost female participation she says. Gender Inequality Costs the Global Economy $28 Trillion 2015-09-24T04:00:00Z As a result, in later years the Obama spending growth rate is likely to be slightly higher than the Ryan plan’s, with the difference contingent on the growth rate of real GDP per capita. The Two Approaches to Medicare Reform: Rationing vs. Individual Choice 2011-08-17T14:26:34Z With per capita GDP around $100,000, Norway is among the most affluent nations and spends about $5 billion of its oil income on foreign aid. Human zoo hopes to challenge Norway's image on racism 2014-05-16T04:00:00Z GDP measures the nation's production of goods and services. Report: Arts, culture add $500B to nation's GDP 2013-12-05T13:52:50Z Now, furniture exports represent about 4 percent of the $16.8 billion GDP of Bosnia, a country of 3.5 million people whose exports are dominated by metals and electricity. Hand-carved wooden furniture helps put Bosnian town on the map 2018-07-13T04:00:00Z Household debt in South Korea has risen sharply in recent years to over 100% of its GDP – the highest in Asia. "Squid Game": The real debt crisis shaking South Korea that inspired the hit TV show 2021-10-21T04:00:00Z America is an affluent nation with 27% of the world's GDP. The final frontier? Trillion-dollar plan to build Starship Enterprise 2012-06-01T15:50:45Z But he doesn’t say how he’s going to do this, especially considering that bringing spending down from 25% of GDP to 20% will require significant changes to Medicare. On Health Care, Mitt Romney's Pragmatic Plan Plays it Safe 2011-09-07T12:23:34Z By comparison, the United States spent eight times more of its GDP. Desperate for health care in Myanmar 2012-06-22T14:06:00Z In Egypt, women’s participation would boost the GDP by an whopping 34%. Politics Aside, the Data on Women Collected by The Clinton Foundation is Worth a Look 2015-03-09T04:00:00Z At $2.7 billion, the films' global box office exceeds the GDP of some small nations. Sequel or reboot? Paramount plays it both ways with new 'Transformers' 2014-06-27T04:00:00Z The dividends for African economies range from 2 percent to 16 percent of GDP, based on UN and World Bank data. Child malnutrition costs Africa its future growth 2014-08-04T04:00:00Z His main goal is to bring federal spending down to its historical average of 20 percent of GDP by the end of his first term, in 2016. How Romney Can Reduce Spending While Repealing Obama's Cuts to Medicare 2012-08-15T06:07:56Z With annual revenues bigger than the GDP of 70 percent of the world’s countries, Cargill is the world’s largest privately held corporation, says Rain Forest Action. 5 dangerous substances the food industry is pumping into your meat 2014-05-01T12:00:00Z Until the Civil War, in fact, slavery was a major sourceof wealth in the United States, representing about 16 percent of America’s GDP — or $10 trillion in today’s dollars. 10 more depraved lessons I learned reading Ayn Rand’s “Atlas Shrugged” 2015-10-07T04:00:00Z Such income represents a small fraction of annual GDP, but does raise a country's profile and, often, prestige. Serbia dreams of becoming movie hotspot 2010-05-24T13:36:00Z “Donald Trump’s margin of error is the entire GDP of Moldova,” Oliver pointed out. “It’s a big, dumb thing that only gets more expensive over time”: John Oliver punctures Donald Trump’s one serious policy proposal 2016-03-21T04:00:00Z Second, as everybody knows, we spend a big slice of our GDP on healthcare. Should doctors withhold bad news? 2012-06-07T15:20:00Z That of the Jackson family in trying to squeeze the equivalent of Kenya's GDP from the concert promoter? Michael Jackson's life to be laid bare once more in $40bn court battle 2013-04-03T13:16:47Z Ross’s Twitter account gushes about GDP growth and rising U.S. exports. Don’t sleep on Wilbur Ross 2019-09-27T04:00:00Z But those costs would be easily offset by raising GDP levels in Sub-Saharan Africa by at least two to 3 percentage points, experts said. Child malnutrition costs Africa its future growth 2014-08-04T04:00:00Z In the US, our GDP would increase by 5% if we made it easier for women to participate in the economy. IMF Chief Christine Lagarde: Female Equality Laws Are Good For the Economy 2015-02-24T05:00:00Z If such reports are couched in a way the Treasury understands, they should help – but it's worth remembering that the arts do a great deal else apart from contributing to GDP. How theatres can make everyone fight for the arts 2013-05-07T15:48:38Z The GDP of the USA would rise by 5% of women were equally represented. Politics Aside, the Data on Women Collected by The Clinton Foundation is Worth a Look 2015-03-09T04:00:00Z It didn’t work — by a variety of metrics, from population to GDP, the city is losing ground. Every city needs a brand 2012-06-30T16:00:00Z This would bring the deficit to under 3 percent/GDP, viewed by credit rating agencies and investors as the threshold for stabilizing the growth in national debt at a sustainable level. What to expect in Obama's budget for fiscal 2013 2012-02-13T12:45:14Z Spooked by fears of a triple dive after the double dip, growing GDP is understandably a preoccupation, but what a shame that all that cultural and relationships stuff is barely an afterthought now. The arts: beauty and the bean counters 2012-12-17T21:47:28Z That is greater than the GDP of Belgium and Sweden. Chinua Achebe: A life in writing 2010-12-13T08:00:00Z And yet it far outstrips all its peers in terms of the amount it spends on healthcare – a whopping 17% of GDP. Which country has the world's best healthcare system? 2016-02-09T05:00:00Z The crowd was smartly dressed, the collective net worth of their stylish eyeglasses about equal to the GDP of Eritrea. In Nairobi, a feeling of otherness in a place he considers almost like home It "provides compelling evidence of UK film's increasing importance to our economy with a direct contribution of £3.3bn to UK GDP", she said. UK independent films enjoy best year for more than a decade 2012-07-26T12:01:27Z If women and men participated equally, Egypt’s GDP would increase by 34%, according to an analysis conducted by the Clinton Foundation and the Bill & Melinda Gates Foundation. Egyptian Woman Who Lived as a Man to Find Work Honored with Motherhood Award 2015-03-26T04:00:00Z However, current and projected federal spending is now closer to 25 percent of the GDP – a mathematical impossibility to achieve while spending within our means. Balancing the Budget: Simple Math, Hard Choices 2011-08-15T19:49:38Z With Spain's budget deficit estimated at about 10% of GDP last year, austerity measures have chopped away much of the country's arts funding. Spain's microtheatres provide lifeline for actors as public subsidies dry up 2013-02-28T17:09:06Z The GDP per capita in the US is higher than for most European countries, so I dont really see how this is so complicated: distribute the money better. Chris Hughes Made Millions at Facebook. Now He Has a Plan to End Poverty. 2018-02-25T05:00:00Z India also contributed materiel and money: by the war’s end Britain owed its prized but impoverished colony £1.3 billion, an eighth of British GDP. For king, then country 2016-05-05T04:00:00Z While Trump has estimated the wall would only cost $4 billion, Oliver notes that, “Donald Trump’s margin of error is only the GDP of Moldova.” John Oliver Takes Down Donald Trump's Wall, Brick By Brick 2016-03-21T04:00:00Z Tourism contributes around 4 percent to Singapore’s GDP per annum. 'Where is Singapore?': Trump-Kim summit a PR coup for tiny city-state 2018-06-14T04:00:00Z One, the importance of this sector to GDP, and to national wellbeing. British art schools: Class dismissed 2011-04-10T20:30:01Z The UN Food Systems Summit Scientific Group proposed that governments around the world should spend at least one per cent of their agricultural GDP on food systems science and innovation. How science and innovation can strengthen global food systems 2023-03-03T05:00:00Z Shattock is aiming for a vaccine that will treat all the billions of people on the planet, however small their country’s GDP. 'I'm cautiously optimistic': Imperial's Robin Shattock on his coronavirus vaccine 2020-07-03T04:00:00Z Last year he was named “Hollywood’s most bankable star”, with films grossing a total of $13bn to date – more than the annual GDP of Iceland. Samuel L Jackson: 'A fullness comes upon me every time I land in Africa' 2020-10-20T04:00:00Z In Egypt, tourism was only about 6% of GDP in 2014, but its influence on other sectors is immense, particularly in agriculture, the country’s biggest employer. Can Middle East tourism ever recover? 2015-11-24T05:00:00Z The tried-and-tested way for an economy to modernise is to accumulate all of these, requiring a lengthy period in which investment grows faster than GDP. Neither a bull nor a bear be 2016-04-28T04:00:00Z Still, for a state with a GDP at around $54 billion, tourism fuels a tenth of the economy, providing more than 94,000 jobs—about 14 percent of the state’s total employment. 10 of the most eco-friendly destinations in North America 2016-05-22T04:00:00Z We accept that big sporting events such as the olympics can boost GDP by simply raising the national mood. Brian Cox digested: A summary of Thursday's live Q&A session 2011-03-25T17:58:00Z Right – there was talk about economic growth slowing, debt to GDP obligations, interest rate movements. Emojis, video, driverless cars: Mary Meeker’s internet trends report unveils next big areas for tech growth 2016-06-01T04:00:00Z The military junta that ruled the country for a half century spent very little on health care — roughly 2 percent of GDP in 2009, according to the World Health Organization. Desperate for health care in Myanmar 2012-06-22T14:06:00Z They spoke about how important the creative industries are to the economy: it's estimated at 8% of GDP, an incredible amount when you think how few people are employed in it. Who cares about culture cuts when Top Gear is doing well in Poland? 2010-05-12T21:35:00Z Before the economy was restructured to adapt to plunging oil supplies and shrivelling trade, GDP halved and the island was wracked by food shortages and power cuts. The Creole Choir of Cuba: the a cappella aid agency 2010-08-19T21:15:00Z And secondly making sure that by then, the total debt amassed over the years is falling when measured as a proportion of GDP. What the Chancellor really means when he says tax cuts are 'impossible' 2023-11-16T05:00:00Z The debt brake restricts the German public deficit to 0.35% of GDP. German court deals blow to Scholz government with budget ruling 2023-11-15T05:00:00Z This enabled Lindner to return this year to the debt brake rule, which restricts the German public deficit to 0.35% of GDP. German court deals blow to Scholz government with budget ruling 2023-11-15T05:00:00Z The first reading of third quarter GDP on Wednesday could lift it again - the bar would appear low enough. Morning Bid: To the moon, boosted by US soft landing hopes 2023-11-14T05:00:00Z "Florida is a major economy in its own right, with a bigger GDP than most European countries," Badenoch said. UK minister to sign trade pact with Florida Governor DeSantis 2023-11-14T05:00:00Z But the weakest GDP forecast provided for coming quarters was a modest -0.3%. ECB to hold rates through mid-2024 despite stalling economy - Reuters poll 2023-11-14T05:00:00Z Prime Minister Benjamin Netanyahu has vowed to "open the taps" to help those impacted by the war, which economists believe will sharply push up the deficit and debt to GDP ratio through 2024. Israel says it raised $8 billion of debt since start of war with Hamas 2023-11-13T05:00:00Z Elsewhere, sterling stood firm at $1.2231 to the dollar ahead of UK average weekly earnings data on Tuesday and a CPI reading on Wednesday, after GDP data last week showed the economy failed to grow. Yen hits fresh one-year low as focus swings to US inflation data 2023-11-13T05:00:00Z GDP is a measure of all the activity of companies, governments and individuals in a country. What is GDP and how is it measured? 2023-11-10T05:00:00Z Other economic and policy highlights across the continent this week include preliminary Japanese third-quarter GDP, Indian inflation, and a policy decision from the Philippine central bank on Thursday. Morning Bid: China news flow turns into torrent 2023-11-12T05:00:00Z Peru's national statistics agency is scheduled to next report official GDP data on November 15. Peru central bank says economy could have shrunk in third quarter 2023-11-10T05:00:00Z Euro zone flash third-quarter GDP data out on Tuesday is in focus given signs of economic weakness in Germany, the bloc's largest economy, and described by some this year as the "sick man of Europe." Take Five: That rate cut trade 2023-11-10T05:00:00Z The GDP figures show the health of the UK economy. UK economy stagnates between July and September 2023-11-10T05:00:00Z In the UK, new GDP figures are produced every month, but the quarterly figures - covering three months at a time - are considered more significant. What is GDP and how is it measured? 2023-11-10T05:00:00Z Oil and gas make up about 5% of Canada’s GDP, while in Alberta, the heart of Canadian oil country, the sector accounts for about 21%. Canada says it can fight climate change and be major oil nation. Massive fires may force a reckoning 2023-11-09T05:00:00Z The International Monetary Fund on Tuesday forecast that continued weakness in China's property sector and subdued external demand could restrict GDP to 4.6% in 2024. China's CICC sees opportunity in Brazil, possible office 2023-11-09T05:00:00Z Fed Governor Christopher Waller said on Tuesday that the economy bears watching after "blowout" third-quarter GDP figures, while fellow governor Michelle Bowman said she still expects higher rates will be needed. US yields languish above lows before Powell remarks; oil sags 2023-11-08T05:00:00Z The Treasury said Vietnam was returned to the monitoring list after its global current account surplus shot up to 4.7% of GDP during the monitoring period. US finds no major trade partners manipulated currencies 2023-11-07T05:00:00Z When an economy is growing, each quarterly GDP figure is slightly bigger in than the previous three-month period. What is GDP and how is it measured? 2023-11-10T05:00:00Z “Credit card balances experienced a large jump in the third quarter, consistent with strong consumer spending and real GDP growth,” Donghoon Lee, a New York Fed economist, said in a press release accompanying the report. NY Fed: US Q3 credit card debt up on strong economy, as credit woes tick higher 2023-11-07T05:00:00Z "We expect most advanced economies to experience either mild recessions or weak GDP growth in the near-term, which will weigh on their demand for foreign goods." China's imports unexpectedly grow as demand makes cautious comeback 2023-11-07T05:00:00Z Britain's GDP data for the third quarter is due this week. Dollar dips on growing bets Fed rate hikes are over 2023-11-06T05:00:00Z The latest manufacturing surveys from China and Europe's GDP and inflation data bear that out. Dollar extends drop, remains vulnerable after Fed steer 2023-11-06T05:00:00Z Most economists, politicians and businesses like to see a steadily rising GDP because it usually means people are spending more, extra jobs are created, more tax is paid and workers get better pay rises. What is GDP and how is it measured? 2023-11-10T05:00:00Z "GDP of the euro zone may well fall in the fourth quarter," he added, saying France was the bloc's worst-performing major economy with Germany and Italy trailing close behind. Euro zone economy started Q4 on back foot 2023-11-06T05:00:00Z While the pace only dropped slightly, this affected the overall economic expansion rate as household consumption accounts for more than half of GDP. Indonesia's Q3 GDP growth weakest in 2 years, exports slump further 2023-11-06T05:00:00Z Latest manufacturing surveys from China and Europe's GDP and inflation data bear that out. Dollar steady but remains vulnerable after Fed steer 2023-11-06T05:00:00Z China's economic surprises index turned positive three weeks ago but despite stronger-than-expected third quarter GDP growth, that momentum has faded. Morning Bid: Risk on Monday, China 'data dump' looms 2023-11-05T04:00:00Z When GDP is falling, it means the economy is shrinking - which is bad news for businesses and workers. What is GDP and how is it measured? 2023-11-10T05:00:00Z For one thing, defense spending at the time of Eisenhower’s warning was 9% of GDP. Biden’s pitch for war spending: U.S. defense industry needs customers 2023-11-05T04:00:00Z The so-called “hard data,” like GDP, did not show the weakness at the time but eventually did after revisions. Americans like sharing bad economic news way too much 2023-11-05T04:00:00Z U.N. officials said the strong contraction of the opium economy is expected to have far-reaching consequences for the country as opiate exports before the ban accounted for between 9-14% of the national GDP. Afghan farmers lose income of more than $1 billion after the Taliban banned poppy cultivation 2023-11-04T04:00:00Z Elsewhere in Asia, the main economic indicators this week will be the latest consumer inflation readings from Thailand, the Philippines and Taiwan, and third quarter GDP from the Philippines, Hong Kong and Indonesia. Morning Bid: Risk on Monday, China 'data dump' looms 2023-11-05T04:00:00Z The government can use growing GDP as evidence that it is doing a good job of managing the economy. What is GDP and how is it measured? 2023-11-10T05:00:00Z They also mostly worked: GDP increased in every year of his presidency but one, and that only happened because he gave in to fiscal conservatives and tried to balance the budget. Right-wing fake history is making a big comeback — but it never went away 2023-11-04T04:00:00Z "One of their key concerns has been an overheated economy, especially after last quarter's GDP growth, and this suggests that problem is going away." Stocks jump, dollar and yields drop after US jobs market softens 2023-11-03T04:00:00Z Official and unofficial figures this week showed manufacturing sector activity unexpectedly shrank in October, dampening the optimism that had built up after the strong third quarter GDP data. Morning Bid: Peering past the policy peak 2023-11-02T04:00:00Z Indonesian GDP figures and Thai inflation figures are out on Monday. Morning Bid: Risk on Monday, China 'data dump' looms 2023-11-05T04:00:00Z Likewise, if GDP falls, opposition politicians say the government is running it badly. What is GDP and how is it measured? 2023-11-10T05:00:00Z GDP, was the main takeaway for many analysts, although he had been careful to keep the door open to another hike if needed. Shares and bonds rally as Fed feeds global rate peak hopes 2023-11-02T04:00:00Z It had been thought that debt rose above 100% of GDP earlier this year. Rishi Sunak's five promises: What progress has he made? 2023-10-18T04:00:00Z Statistics Canada said GDP was flat in August, missing the median estimate for a gain of 0.1% in a Bloomberg survey of economists. Canada’s economy is on track to enter a ‘technical’ recession 2023-10-31T04:00:00Z July GDP was revised to being marginally negative from an initial report of zero growth, Statistics Canada said. Canada's economy stalls in August, seen slipping into recession in Q3 2023-10-31T04:00:00Z If GDP is going up steadily, people pay more in tax because they're earning and spending more. What is GDP and how is it measured? 2023-11-10T05:00:00Z In Europe, GDP and inflation data is due later on Tuesday. Morning Bid: Yield curve control morphs 2023-10-31T04:00:00Z However, as GDP has since been revised upwards, that is no longer the case. Rishi Sunak's five promises: What progress has he made? 2023-10-18T04:00:00Z Some government advisers are recommending China lifts its 2024 budget deficit target beyond the 3% of GDP set for this year, which would allow Beijing to issue more bonds to revive the economy. China factory activity unexpectedly shrinks in Oct, dents recovery momentum 2023-10-31T04:00:00Z While consumption in Germany was a drag on GDP, capital investment made a positive contribution, the statistics office said. German inflation eases in October to lowest level in two years 2023-10-30T04:00:00Z The ONS also publishes a figure for GDP per capita - or head of population - which can tell a different story. What is GDP and how is it measured? 2023-11-10T05:00:00Z A deluge of purchasing managers' surveys, euro zone inflation and GDP data, and U.S. nonfarm payrolls at the end of the week will also be competing for the top of traders' minds. Dollar holds just below 150 yen ahead of busy central bank, data-packed week 2023-10-30T04:00:00Z Nominal GDP growth in the third quarter was a blistering 8.5% annualised, the kind of pace China used to boast of and a pace that would normally be a bonanza for tax receipts. Morning Bid: Markets hold their nerve amid Mid East trouble 2023-10-30T04:00:00Z "Strong growth in employment and GDP are keeping the door open to further rate hikes by the Federal Open Market Committee," said Philip Marey, senior U.S. strategist at Rabobank. Nasdaq jumps over 1% as Amazon, Intel updates lift megacaps 2023-10-27T04:00:00Z And even the racy headline GDP growth rate was below many assumptions of a 5%-plus print. Morning Bid: Amazon and goldilocks ride to the rescue 2023-10-27T04:00:00Z Some critics also argue that GDP doesn't take into account whether the economic growth it measures is sustainable, or the environmental damage it might do. What is GDP and how is it measured? 2023-11-10T05:00:00Z Those trends have so far done little to weigh down strong GDP growth and consumer spending that along with large job gains seem to suggest ongoing upward pressure on prices. Tighter credit, lending conditions build case for Fed policy hold 2023-10-27T04:00:00Z As the then Party Secretary of Liaoning Province, Li is said to have told the US ambassador in 2007 that the local GDP figures were unreliable as a way of judging economic health. Why Li Keqiang's death is dangerous for Xi Jinping 2023-10-27T04:00:00Z GDP beat forecasts, and the 'soft landing' narrative was bolstered by some signs of cooling inflation and sharp pullback in yields. ASIA Ominous signal - Wall St slides despite yield slump 2023-10-26T04:00:00Z GDP grew at the fastest pace in nearly two years, defying warnings of a recession as higher wages in a tight labor market fueled consumer spending and business inventory restocking. Yellen says US GDP is a 'good strong number', may keep bond yields higher 2023-10-26T04:00:00Z But despite its limitations, GDP is still the most widely-used measure for most government decisions and international comparisons. What is GDP and how is it measured? 2023-11-10T05:00:00Z "The Fed looks at jobs and inflation as to whether they're going to tighten even more. So, in the case of GDP, good news is good news and it's a Goldilocks morning of economic data." S&P 500, Nasdaq down as earnings roll in; investors assess economic data 2023-10-26T04:00:00Z GDP data, dragging shares around the world to multi-month lows in the middle of a busy corporate earnings week. Stocks struggle as Treasury yields linger near 5% after strong U.S. growth data 2023-10-26T04:00:00Z The IMF warned in a report earlier this year that without reforms, public debt in the small, crisis-ridden country could reach nearly 550% of GDP. Israel-Hamas war could threaten already fragile economies in Egypt, Lebanon and Jordan 2023-10-25T04:00:00Z She has maintained that the real interest rate costs for the federal government have remained close to 1% of GDP, a manageable level. Yellen says US GDP is a 'good strong number', may keep bond yields higher 2023-10-26T04:00:00Z GDP - or Gross Domestic Product - is an important tool for judging how well, or badly, an economy is doing. What is GDP and how is it measured? 2023-11-10T05:00:00Z The GDP data probably will not affect near-term monetary policy as financial conditions have already tightened with U.S. US third-quarter economic growth seen fastest in nearly 2 years 2023-10-26T04:00:00Z Some policy advisers say the central government has room to spend more as its debt as a share of GDP is just 21%, far lower than 76% for local governments. China's new bonds to help economic recovery, official says, as budget deficit rises 2023-10-25T04:00:00Z On Thursday, the Commerce Department is due to release its first take on third quarter GDP, which is seen showing a robust acceleration to 4.3% from 2.1% in the second quarter. Wall Street surges to close higher, powered by upbeat earnings, guidance 2023-10-24T04:00:00Z At about a tenth of GDP, the tax ratio in Indonesia is among the lowest in the Asia-Pacific region, and governments have relied on inducements such as tax amnesties in efforts to boost tax collection. Indonesian presidential hopeful Ganjar pledges legal certainty, tax reforms 2023-10-24T04:00:00Z If GDP falls for two quarters in a row, that is known as a recession, which can lead pay freezes and lost jobs. What is GDP and how is it measured? 2023-11-10T05:00:00Z Some advisers say the central government has room to spend more as its debt as a share of GDP is just 21%, far lower than 76% for local governments. Analysis: China to choose fiscal muscle over big reforms to revive economy 2023-10-24T04:00:00Z The PMI data could set the market expectations ahead of the GDP report, said Matt Simpson, senior market analyst at City Index. Dollar dips ahead of key US data, bitcoin soars 2023-10-24T04:00:00Z GDP print, expected on Thursday, will be closely monitored amid expectations that the economy expanded at a robust 4.2% in the third quarter, which might warrant tighter monetary policy. S&P 500, Nasdaq at near five-month lows as 10-yr yield hits 5% 2023-10-23T04:00:00Z GDP data and the Federal Reserve's preferred inflation gauge. Dollar rock solid as benchmark Treasury yield passes 5%, yen in focus 2023-10-23T04:00:00Z In the UK, the ONS publishes one single measure of GDP, which is calculated using all three measurements. What is GDP and how is it measured? 2023-11-10T05:00:00Z GDP print will be closely monitored by investors in the week amid expectations that the economy grew at a robust 4.2% in the third quarter, which might warrant tighter monetary policy. Futures slide as 10-yr Treasury yield hits 5%; Big Tech earnings in focus 2023-10-23T04:00:00Z According to the authors, this would represent almost 20% of the global GDP. Researchers urge: It's high time for alliances to ensure supply chain security 2023-10-19T04:00:00Z In 2013, stories about China’s “bonus” 32nd province circulated after the central government reported national GDP at a level 10% below the number that would result from simply adding all the reported provincial data together. So who understands the Chinese economy? Definitely not China 2023-10-22T04:00:00Z The country’s workforce is shrinking and GDP growth is trending downwards. Breakingviews - Analysts' comments on China's export permits for some graphite products 2023-10-20T04:00:00Z If a country's population increases, it pushes GDP up, because with more people, more money will be spent. What is GDP and how is it measured? 2023-11-10T05:00:00Z "Even though we got that stronger-than-expected data dump and GDP earlier in the week, I think underneath the surface, the Chinese economy is still pretty fragile." Buoyant dollar threatens 150 yen as benchmark Treasury yield climbs 2023-10-20T04:00:00Z Could investors decide the GDP and other indicators show the economy is in better shape than feared? Morning Bid: Markets buckle under bond yield weight 2023-10-18T04:00:00Z One such great power was bestowed upon the NBS by a 2003 law that gave the agency the ability to change previous long-run GDP numbers. So who understands the Chinese economy? Definitely not China 2023-10-22T04:00:00Z Elsewhere, Beijing reported that China's GDP grew at a faster-than-expected pace in the third quarter, suggesting the recovery of the world's second-largest economy is gaining traction. US stocks end sharply lower, crude jumps on Middle East tensions 2023-10-18T04:00:00Z "We don't see China's issue as short lived," they said, adding that slower than expected GDP growth would likely impact the rate of growth of the middle class and the rate of "premiumisation". Fears that China boost for L'Oreal's beauty label sales may not last 2023-10-18T04:00:00Z However, weak growth in nominal GDP - which includes inflation effects - suggests that the earnings and profit outlook will remain a hurdle in the path to the recovery in private investment, JP Morgan said. Wall Street brokerages raise China's 2023 economic growth forecast 2023-10-18T04:00:00Z "Weak nominal GDP growth suggests that the earnings and profit outlook remains a hurdle in the path to the recovery in private investment," he noted. JP Morgan, Nomura raise China's 2023 economic growth forecast 2023-10-18T04:00:00Z It meant that China started publishing trade data that did not match the corresponding numbers directly reported to other countries — amounting to more than 1% of Chinese GDP per annum. So who understands the Chinese economy? Definitely not China 2023-10-22T04:00:00Z The International Monetary Fund on Wednesday downgraded its 2023 and 2024 growth forecasts for the Asian giant, saying the property slowdown could cause China's GDP to decline. China's Q3 GDP growth, Sept activity show economic recovery gaining traction 2023-10-18T04:00:00Z "At the end of the day ... so long as economies are growing, GDP is up, that creates more disposable income for the consumer and airlines continue to benefit," he said. Focus: Ryanair vs Wizz Air: The low-cost fight spreads to Poland 2023-10-18T04:00:00Z The International Monetary Fund downgraded its 2023 and 2024 growth forecasts for China, saying the property slowdown could cause China's GDP to decline, according to a report released on Wednesday. China's falling property sales, investment weigh on recovery 2023-10-18T04:00:00Z China's yuan fell in overnight offshore trade ahead of GDP data due later on Wednesday. Dollar steadies while yields rise; eyes on Mideast risks, China data 2023-10-18T04:00:00Z One group of economists used multiple factors and found China’s GDP to be roughly 20% smaller than advertised. So who understands the Chinese economy? Definitely not China 2023-10-22T04:00:00Z Another key moment on the radar is China's third-quarter GDP release on Wednesday - but angst about the ongoing property sector bust there just won't go away. Morning Bid: Banks, Biden visit buoy markets 2023-10-17T04:00:00Z That will change on Wednesday with a raft of Chinese data, including third quarter GDP. Morning Bid: Stocks break higher, but for longer too? 2023-10-16T04:00:00Z But the most important day could be Wednesday when Chinese unemployment, industrial production, retail sales and business investment figures for September will be released, along with third-quarter GDP. Morning Bid: Amid the fog, look out for China GDP this week 2023-10-15T04:00:00Z To date, more than 145 countries, accounting for almost 75% of the world's population and more than half of global GDP have signed up for the BRI. China's roads win hearts in South Asia - but at a cost 2023-10-14T04:00:00Z Based on the preponderance of the evidence, there’s one conclusion about what China’s true GDP is that seems more likely than any other: So who understands the Chinese economy? Definitely not China 2023-10-22T04:00:00Z China's PPI and CPI top a packed Asian economic calendar that also includes Chinese trade data, third quarter GDP and an interest rate decision from Singapore, unemployment from South Korea, and wholesale inflation from India. Morning Bid: After US, inflation focus turns to China 2023-10-12T04:00:00Z GDP show the health of the UK economy. UK economy returns to growth in August 2023-10-12T04:00:00Z The numbers on Wednesday will go a long way to determining whether Beijing's official 2023 goal of around 5% GDP growth will be met. Morning Bid: Amid the fog, look out for China GDP this week 2023-10-15T04:00:00Z The overall defence budget proposed by the government for next year amounts to 2.5% of Taiwan's GDP. Taiwan sets up task force to study Israel-Hamas war 2023-10-12T04:00:00Z He explained his ideas about bettering GDP growth, making significant cuts in federal spending and lessening the regulatory impact of the federal government. Hamas’ attack on Israel foreboding for U.S. borders 2023-10-11T04:00:00Z Due to recent data, including a dip in activity or GDP in July, the Bank of England now expects the economy to grow only very modestly over the second half of this year. Higher rates punish low paid, says Bank's Swati Dhingra 2023-10-11T04:00:00Z But if GDP is falling, then the economy is shrinking which can be bad news for businesses. UK economy returns to growth in August 2023-10-12T04:00:00Z "At the projected pace, the public debt ratio, in the U.S., would be above 140 percent of GDP by the end of the decade," Gaspar said, compared to 110% in 2022. IMF fiscal chief: U.S., China must rein in debt, face different challenges 2023-10-11T04:00:00Z The Caribbean region would lose 19% of its GDP over five years if the extreme weather events were concentrated there, Lloyd's estimated. Global economic losses from extreme weather could hit $5 trillion -Lloyd's 2023-10-11T04:00:00Z The actual GDP reading from the Bureau of Economic Analysis won’t be issued until Oct. Column: The economy has been strong. Why are economists so eager to predict it will tank? 2023-10-10T04:00:00Z Gill declined to give specific examples, but a recent World Bank report showed government debt ran around 85% of GDP in the average South Asian country, higher than in other emerging market, developing economy regions. Rising Asia debt levels could temper growth -World Bank chief economist 2023-10-10T04:00:00Z If GDP falls for two quarters in a row, it is typically defined as an economic recession. UK economy returns to growth in August 2023-10-12T04:00:00Z "This is one of the reasons why we are anticipating German GDP to contract in both the third quarter and the fourth quarter this year," Palmas said. German industrial output falls in August, spurring recession fears 2023-10-09T04:00:00Z All of this has added to Laos' ballooning debt, which is now ninth highest globally as a share of its GDP, according to the International Monetary Fund. ‘I feel hopeless': Living in a country on the brink 2023-10-08T04:00:00Z GDP is expected to shrink by 0.4% in the third quarter, after stagnating in the second quarter, according to the economic institutes. Exclusive: German government expects economy to shrink 0.4% in 2023 - sources 2023-10-06T04:00:00Z "The tightening of the trade balance should boost GDP as foreign consumers buy more American goods and as the manufacturing industry comes off its bottom," said Veronica Clark, an economist at Citigroup in New York. Low weekly jobless claims, shrinking trade deficit boost US economic picture 2023-10-05T04:00:00Z Mr. Salter said the impact of the strike would harm the GDP through a loss in productivity. Strikes send shock waves through the U.S. economy, tempt inflation and recession 2023-10-05T04:00:00Z Two consecutive GDP contractions are defined as a technical recession. German industrial output falls in August, spurring recession fears 2023-10-09T04:00:00Z The central bank has previously said it expects GDP to grow by 2.9% this year after falling by 29.1% last year. Ukraine's central bank to improve 2023 inflation, GDP forecasts - deputy governor 2023-10-04T04:00:00Z A technical recession is defined as two consecutive GDP contractions. Exclusive: German government expects economy to shrink 0.4% in 2023 - sources 2023-10-06T04:00:00Z Demand growth in the economy continues to ease and while GDP growth in the June quarter was stronger than anticipated, the outlook remains subdued, the central bank added. NZ central bank holds rates steady, says past hikes tempering inflation 2023-10-04T04:00:00Z Notably, most of Europe, including France, Germany and Britain, has promised aid that is higher as a percentage of GDP than the U.S. commitment. Why MAGA wants to betray Ukraine | Paul Krugman 2023-10-03T04:00:00Z "The elephant in the room is that not everyone in the alliance is yet spending 2% of their GDP on defence. That must be the floor for our defence spending, not the ceiling." Ukraine war: Western allies say they are running out of ammunition 2023-10-03T04:00:00Z "Service sectors are faring better, but it still looks like GDP growth last quarter was weaker than in Q2," he said. Brazil's industrial output rises less than expected in August 2023-10-03T04:00:00Z The World Bank said another concern was that government debt in South Asian countries averaged 86% of GDP in 2022, which is higher than other emerging markets. South Asia is expected to grow by nearly 6% this year, making it the world’s fastest-growing region 2023-10-03T04:00:00Z Deputy leader Brooke van Velden, 30, was the only member of New Zealand foreign affairs committee to visit Taiwan, and the party wants to increase defence spending to 1.5% of GDP from less than 1%. Kingmakers rise ahead of close-run New Zealand election 2023-10-03T04:00:00Z His baseline expectation, he said, is for GDP growth to moderate to below its potential, which most Fed officials estimate at 1.8%, and for the labor market to soften further. Fed's Barr says his focus is on how long to hold rates high 2023-10-02T04:00:00Z At the time, the White House estimated that the shutdown reduced GDP growth by 0.1 percentage points for every week the salary stoppage went on. Why government shutdowns seem to only happen in US 2023-10-01T04:00:00Z The size of an economy is measured by Gross Domestic Product, or GDP, which tries to cover all the activity of companies, governments and individuals in a country. UK economy grew faster than estimated since Covid 2023-09-29T04:00:00Z "From this perspective, the current GDP figure is not seen as a significant threat and may provide some comfort in an otherwise concerning inflationary environment." Asian stocks inch away from 10-month low, rate jitters linger 2023-09-29T04:00:00Z The Fund sees China's GDP growth slowing to about 3.5% over the medium term, but this can be accelerated with economic reforms, she added. IMF sees signs China stabilizing, says reforms can boost medium-term growth 2023-09-28T04:00:00Z Some economists had seized on the gap between GDP and gross domestic income to argue that the economy was not as strong as the data suggested. US GDP growth unrevised at 2.1% in second quarter as economy shows resilience 2023-09-28T04:00:00Z Focus in the U.S. session will be on the final reading of second-quarter GDP and weekly jobless claims data to gauge the strength of the U.S. labor market. Stocks flirt with longest losing run since 2011 as $100 oil looms 2023-09-28T04:00:00Z The ONS revises GDP figures over time as it receives more information about how the economy performed. UK economy grew faster than estimated since Covid 2023-09-29T04:00:00Z EU law says budget deficits, if in excess of 3.0% of GDP, must shrink by 0.5% each year until they comply with the limit. Euro zone 2024 fiscal tightening seen limited by slowing economy 2023-09-27T04:00:00Z ET, and second-quarter GDP and monthly personal consumption expenditures price index later in the week, with Federal Reserve Chair Jerome Powell's remarks also on tap. Futures snap back after previous session's mauling 2023-09-27T04:00:00Z The fiscal gap next year is, however, seen below 4% of GDP under current trends. Italy to raise 2024 deficit goal to 4.1%-4.3% of GDP, sources say 2023-09-25T04:00:00Z Depending on the duration of the shutdown, the release of the first estimate of third-quarter GDP due in late October could also be delayed. US government shutdown would delay release of key economic data, official says 2023-09-25T04:00:00Z Official statistics showed that GDP grew by 19.5% in the second quarter of the year compared with the same period a year earlier. IMF mission starts second review of Ukraine programme 2023-09-25T04:00:00Z "To put these extraordinary figures into context, $4tn is 20 times the entire global aid budget. It is an income so big that it exceeds the entire GDP of the United Kingdom," he said. Richest oil states should pay climate tax, says Gordon Brown 2023-09-25T04:00:00Z Other U.S. data in the week includes final Q2 GDP, and weekly jobless claims. Asian shares subdued after brutal central bank week 2023-09-25T04:00:00Z Italy is also preparing to raise this year's budget deficit above the current target of 4.5% of GDP due to the growing impact of costly fiscal incentives for home improvements. Italy to raise 2024 deficit goal to 4.1%-4.3% of GDP, sources say 2023-09-25T04:00:00Z The Asian economic and policy calendar on Monday is relatively light with a batch of indicators from Vietnam - including inflation, trade and third-quarter GDP - and Singapore inflation the main data points. Morning Bid: Bond yield surge casts dark quarter-end shadow 2023-09-24T04:00:00Z The UK's debt currently stands at 98.8% of GDP, a level not seen since the early 1960s. Tax cuts 'virtually impossible' at present, says Jeremy Hunt 2023-09-22T04:00:00Z Whether China and its $18 trillion GDP should actually be considered part of the Global South is a frequently debated matter. China, at UN, presents itself as a member of the Global South as alternative to a Western model 2023-09-21T04:00:00Z "Taylor Swift really does have a very concrete impact globally, across things that affect all of us," Dr Beckett said, pointing to things like the role of women in industry, entertainment law, and even GDP. Taylor Swift: Australia to host academic conference on pop icon 2023-09-21T04:00:00Z Separate sources last week said the updated 2023 goal would be in the region of 5.5% as a proportion of GDP. Italy to raise 2024 deficit goal to 4.1%-4.3% of GDP, sources say 2023-09-25T04:00:00Z The two countries are relatively minor trading partners, but proponents had argued that a trade deal could boost jobs and GDP for both. Sikh separatism long strained Canada-India ties. Now it’s sunk them to their lowest point in years 2023-09-20T04:00:00Z "We maintain our real GDP growth forecast of 4.8% for full-year 2023. The development of property downturn, the magnitude and pace of policy easing still remain the biggest uncertainty for future growth trajectory." China keeps benchmark rates unchanged as economy finds footing 2023-09-20T04:00:00Z Only Israel, which spends 5.9% of GDP on R&D, ranked higher. South Korea, a science spending champion, proposes cutbacks 2023-09-19T04:00:00Z Defence spending will rise next year as Sweden moves to meet NATO's target of 2% of GDP. Tax cuts, boost for defence spending in Swedish budget 2023-09-19T04:00:00Z The country's GDP shrank by 0.4% in the second quarter from the first and industrial output was weaker than expected in July, getting the third quarter off to a faltering start. Italy to raise 2024 deficit goal to 4.1%-4.3% of GDP, sources say 2023-09-25T04:00:00Z “In fact, when it comes to security assistance to Ukraine as a share of GDP, 14 of our European allies are actually giving more,” McConnell said. Political divide emerges on Ukraine aid package as Zelenskyy heads to Washington 2023-09-18T04:00:00Z GDP over the next four to six quarters. In the Market: Fed beware the banking crisis of March 2023-09-18T04:00:00Z But the amounts they see sliced from GDP are more than the 1% growth rate Fed officials expected the economy to muster as of June, and beyond many private forecasts as well. The Fed wants to cool spending; a strike, a shutdown and student loans may add ice 2023-09-18T04:00:00Z Excluding women from the job market hurts the country’s GDP to the cost of billions of dollars, says UNICEF. 2 years ago, the Taliban banned girls from school. It’s a worsening crisis for all Afghans 2023-09-17T04:00:00Z EU fiscal rules underpin the value of the euro used by 20 countries and set a limit on budget deficits of 3% of GDP and a public debt limit of 60% of GDP. EU ministers agree on fiscal reform 'camino', aim for year-end deal 2023-09-16T04:00:00Z The new forecasts are expected to reflect concerns about anemic GDP growth around the world, as most large economies are still lagging pre-pandemic growth rates. IMF to urge China to shift growth model towards consumption, Georgieva says 2023-09-15T04:00:00Z It said Greece’s debt will likely fall to close to 150% of GDP as early as 2024 due to stronger GDP growth than projected earlier. Greece wins new credit rating boost that stops short of restoring Greek bonds to investment grade 2023-09-15T04:00:00Z Despite 12 years of chaos it is still a comparatively wealthy country, sparsely populated and pumping out oil that yields a decidedly middle-income per capita GDP above $6,000. Libya flood: fury that warnings went unheeded 2023-09-15T04:00:00Z Despite 12 years of chaos it is still a comparatively wealthy country, sparsely populated and pumping out oil that yields a decidedly middle-income per capita GDP above $6,000. Libya flood: fury that warnings went unheeded 2023-09-15T04:00:00Z Evolving risks, including a possible U.S. autoworkers strike and a federal government shutdown, may argue for caution in the other direction, and many economists expect a slowdown in GDP by the end of the year. Rising energy prices deal end-of-summer surprise to Fed's inflation outlook 2023-09-14T04:00:00Z Retail inventories excluding autos, which go into the calculation of GDP, were unchanged instead of gaining 0.1% as previously reported. U.S. business inventories unchanged in July 2023-09-14T04:00:00Z Core retail sales correspond most closely with the consumer spending component of GDP. Higher gasoline prices lift US retail sales in August; weekly jobless claims rise slightly 2023-09-14T04:00:00Z The budget is aligned with the government's target of closing the fiscal deficit at 4.5% of GDP next year and growth of 1.5%, the Ministry of Finance said. Colombia Congress approves 2024 budget of $125.9 bln 2023-09-13T04:00:00Z "The rebound of real GDP growth is fading. Inflation is projected to stabilize at a low level over the medium term," the IMF said. IMF says global debt fell as share of GDP in 2022, may resume rising trend 2023-09-13T04:00:00Z For Andrew Bailey and his cohorts, today will be a busy one for analysing data that includes GDP and factory production. Morning Bid: Will CPI fit the Fed-on-hold narrative? 2023-09-13T04:00:00Z Today, the focus for macro data watchers is the British jobs figures, followed by GDP tomorrow. Morning Bid: China developers catch break, BOJ hawks take flight 2023-09-12T04:00:00Z A strong majority of economists who answered an additional question said the risks to their 2023 and 2024 GDP growth forecasts were skewed to the downside. China 2023 GDP growth forecast cut to 5.0%, 4.5% in 2024 -economists 2023-09-12T04:00:00Z Separately, strategists at BofA Global Research said their US Regime Indicator officially switched to a "recovery" phase for the economy, with metrics such as inflation and GDP improving. Morgan Stanley strategists tout health stocks in "late cycle" market 2023-09-11T04:00:00Z It is now projecting GDP growth of 0.8% this year for the zone's five largest economies, down from the 1.1% forecast in May. Oil prices ease from 10-month highs but hold above $90 a barrel 2023-09-11T04:00:00Z BOE chief economist Huw Pill is on speaking duty today, setting the scene for British jobs data on Tuesday and GDP the day after. Morning Bid: China's weak property stocks set the pace 2023-09-11T04:00:00Z The G20 previously comprised 19 countries and the European Union, with the members representing around 85% of global GDP, more than 75% of global trade and about two-thirds of the world population. G20 admits African Union as permanent member at New Delhi summit 2023-09-09T04:00:00Z "If we're hitting a structural shift with higher nominal GDP growth, that will come with some volatility and unintended consequences." Wall St Week Ahead Investor hopes for US soft landing ride on inflation data 2023-09-08T04:00:00Z Polish finance officials estimated Warsaw has spent more than $12 billion — roughly 2% of the country’s GDP — to support Ukraine since the start of the war. Poland embraces role as NATO country with a front-row seat to Russia’s war next door 2023-09-08T04:00:00Z A shutdown would directly reduce GDP growth by around 0.15 percentage points for each week it lasts, according to Goldman Sachs, but growth would rise by the same amount after the shutdown was resolved. Factbox: US government shutdown: what does it mean? 2023-09-08T04:00:00Z Despite the stagnation in exports, a key driver for Taiwan's economy, the island's GDP returned to growth in the second quarter, helped by resilient domestic consumption. Taiwan August exports fall less than expected, growth seen resuming 2023-09-08T04:00:00Z Exports remained solid for now with net external demand contributing 1.8% points to GDP growth, unchanged from the preliminary reading. Japan downgrades Q2 GDP growth on soft capital spending 2023-09-08T04:00:00Z The line was proposed by former German Chancellor Willy Brandt in the 1980s as a visual depiction of the north-south divide based upon per-capita GDP. Everyone’s talking about the Global South. But what is it? 2023-09-06T04:00:00Z "The GDP subject to taxation is not expected to rebound, especially in manufacturing and retail." Analysis: Tax slump in outperforming Brazilian economy scrambles reform plans 2023-09-06T04:00:00Z It maintained the lower end of its GDP forecast at a 0.5% contraction. Chile's economy stagnant in most optimistic scenario for 2023, says cenbank 2023-09-06T04:00:00Z Slowing trade was among factors in an unexpected economic contraction in the quarter ended in June and month-over-month GDP was most likely flat in July, data showed last week. Canada posts smaller than expected trade deficit in July 2023-09-06T04:00:00Z "The Bank of Canada has the cover in the GDP data to stay on pause with a hawkish bias," Derek Holt, vice president of economics at Scotiabank, said in a note. Bank of Canada seen holding rates steady after economy shrank in Q2 2023-09-06T04:00:00Z Some use different criteria, such as whether a country was previously colonized or whether a nation’s per-capita GDP is above $15,000. Everyone’s talking about the Global South. But what is it? 2023-09-06T04:00:00Z With the central government's revenue through June slipping 5% from a year earlier in real terms, the Finance Ministry widened its estimate for this year's primary deficit to 145 billion reais, or 1.4% of GDP. Analysis: Tax slump in outperforming Brazilian economy scrambles reform plans 2023-09-06T04:00:00Z Treasurer Jim Chalmers said the GDP report was a "steady and sturdy" result in difficult circumstances and the economy is expected to slow considerably due to high interest rates and global uncertainty, particularly around China. Australian economy grows modestly in Q2, eases recession fears 2023-09-06T04:00:00Z Unit labour costs continued to rise briskly with an annual growth of 7.2% in the quarter while productivity remained poor, with GDP per hour worked falling 2% from the previous quarter. Australia Q2 economy posts modest growth, eases recession fears 2023-09-06T04:00:00Z The regional economic data and policy calendar is light, with Australian second quarter GDP growth figures and the latest snapshot of inflation in Taiwan the only major releases on tap. Morning Bid: Oil, yield spike takes wind out of market sails 2023-09-05T04:00:00Z "If this is done, the debt to adjusted GDP ratio of several African countries will lower and they will have greater headroom to borrow more financing to support their development," Adesina said. World losing race to meet climate goals, COP28 president says 2023-09-05T04:00:00Z Tourism is a key driver, accounting for about 12% of GDP before the pandemic. Thai c.bank to revise down forecasts for 2023 growth and inflation 2023-09-05T04:00:00Z Wednesday's GDP report did show productivity remained a concern, with one productivity measure of GDP per hour worked falling by a sharp 2%, the third straight quarter of declines. Australian economy grows modestly in Q2, eases recession fears 2023-09-06T04:00:00Z The second quarter GDP data is due on Wednesday. RBA holds steady as Lowe bows out, markets bet tightening cycle over 2023-09-05T04:00:00Z Tourism remains a key driver, accounting for about 12% of GDP before the pandemic. Thai cbank sees 2023 GDP growth, inflation lower than expected 2023-09-05T04:00:00Z The data from the Australian Bureau of Statistics showed net export volumes added 0.8 percentage points to GDP in the second quarter, more than twice analyst expectations. Australia economy gets a boost from visitors, infrastructure splurge 2023-09-05T04:00:00Z In July, Morgan Stanley credited Bidenomics and “a boom in large-scale infrastructure” for its decision to make a “sizable upward revision” in its GDP forecasts. Column: Bidenomics just had its first birthday. Why are so few people celebrating? 2023-09-04T04:00:00Z That has kept consumer demand weaker as a portion of GDP than in most other countries and concentrated job creation in the construction and industrial sectors, careers increasingly spurned by young university graduates. Analysis: Part of China's economic miracle was a mirage. Reality check is next 2023-09-03T04:00:00Z On Thursday, Japan is due to release revised second-quarter GDP data and CPI and PPI reports from China are on deck for Friday. Morning Bid: Try to top that one, Asia 2023-09-03T04:00:00Z Speaking virtually at a Fitch economic seminar, he said second-quarter GDP was disappointing. Thai cbank sees 2023 GDP growth, inflation lower than expected 2023-09-05T04:00:00Z He also said Brazil's second-quarter GDP performance was "pretty good," surpassing expectations and had positive elements, which should improve public revenues. Brazil central bank applauds Lula's budget bill, stresses fiscal improvement need 2023-09-01T04:00:00Z The breakdown of GDP components showed investments and government spending contracted sharply in the second quarter compared with the first, while consumer spending stagnated. Italy's economy shrinks in latest quarter, casting shadow over outlook 2023-09-01T04:00:00Z Friday's GDP report is the last major piece of domestic data before the BoC makes its next policy decision on Wednesday. Canada's economy unexpectedly shrinks in Q2 ahead of rate decision 2023-09-01T04:00:00Z Friday's GDP report is the last major piece of domestic data before the BoC makes its next policy decision next week. Canada economy unexpectedly contracts in Q2 ahead of rate decision 2023-09-01T04:00:00Z "A neutral rate means it helps inflation stay in a sustainable range, and GDP grow at its potential of 3-4% without creating financial imbalances," he said. Thai cbank sees 2023 GDP growth, inflation lower than expected 2023-09-05T04:00:00Z June's real GDP was down 0.2% compared to May, matching expectations, while July's GDP was likely unchanged, StatsCan said in a flash estimate. Instant View: Canada's economy unexpectedly contracts in Q2, cementing rate pause expectations 2023-09-01T04:00:00Z The breakdown of GDP components showed investments and government spending contracted sharply in the second quarter compared with the previous three months, while consumer spending stagnated. Italy's economy shrinks by 0.4% in Q2, casting shadow over outlook 2023-09-01T04:00:00Z Money markets sharply trimmed bets for an interest rate increase next week, pricing in a 9% chance after the GDP figures were released compared with a 23% chance before. Canada's economy unexpectedly shrinks in Q2 ahead of rate decision 2023-09-01T04:00:00Z But economists are sceptical, noting that at just 0.2% of GDP, the package is no game-changer and that the sick man will need more medicine. Take Five: A September to remember? 2023-09-01T04:00:00Z "The inclusion of the UAE and Saudi Arabia lift the per capita GDP and economic power, but likely conflicts with longer-term issues about the energy transition from carbon to sustainable sources," Savage said. Dollar unlikely to lose global dominance soon even as BRICS expand - note 2023-09-01T04:00:00Z "Adding to the dismal report was the advance GDP estimate for July, which suggested a flat month for GDP, adding to the evidence that the Canadian economy does not need higher interest rates." Instant View: Canada's economy unexpectedly contracts in Q2, cementing rate pause expectations 2023-09-01T04:00:00Z Still, car exports rebounded after a pullback in micro-chip shortages and the reopening of inbound tourism offset sluggish private consumption and capital expenditures, preliminary GDP data showed last month. Japan capex growth slows amid fears of China's slowdown, tame consumption 2023-09-01T04:00:00Z Private payrolls on Wednesday clocked a 52.3% monthly drop, adding to signs of a softening in the labour market, while second-quarter GDP was also revised lower. Shares limp toward biggest monthly drop since February 2023-08-31T04:00:00Z Additionally, global gross domestic product, or GDP, is expected to more than double from 2021 to 2050, with developing nations growing at more than twice the rate of developed countries. Exxon says global climate goals are destined to fail 2023-08-31T04:00:00Z A whole host of data due out on Thursday, including final GDP numbers for the second quarter, will shed more light on the state of the French economy. Morning Bid: Markets brace for EU, US inflation data blitz 2023-08-31T04:00:00Z "The authorities are on track to achieve a primary central government surplus of 1.7 percent of GDP this year, in line with program commitments," she added. IMF reaches staff-level agreement with Suriname on $53 mln loan disbursement 2023-08-30T04:00:00Z India's second quarter GDP, Japanese retail sales and industrial production, Hong Kong retail sales, Australian credit and South Korean industrial production are on tap too, potentially moving these countries' markets, especially their currencies. Morning Bid: China PMIs round off bruising month 2023-08-30T04:00:00Z Inventories were a small drag to GDP growth rather than adding 0.14 percentage point as estimated last month. US economic growth trimmed on inventories; retains underlying momentum 2023-08-30T04:00:00Z Between now and 2050, developing countries will see GDP per capita more than double, driving higher demand for energy. Exxon says global climate goals are destined to fail 2023-08-31T04:00:00Z In principle, GDP and GDI should be equal, but in practice differ, as they are estimated using different and largely independent source data. US second-quarter economic growth revised lower as inventories drop 2023-08-30T04:00:00Z Economists polled by Reuters had expected GDP for the second quarter would be unrevised. US second-quarter GDP growth revised lower 2023-08-30T04:00:00Z GDP figures reduced U.S. interest rate expectations and futures markets are now no longer anticipating a quarter point hike by the end of the year. Morning Bid: China PMIs round off bruising month 2023-08-30T04:00:00Z Trade subtracted more from GDP growth than initially estimated. US economic growth trimmed on inventories; retains underlying momentum 2023-08-30T04:00:00Z Q2 GDP revisions, July international trade, pending home sales, wholesale/retail inventories, AMERICAS Cooler labor warms markets 2023-08-30T04:00:00Z Inventories were a small drag to GDP growth instead of adding 0.14 percentage point as estimated last month. US second-quarter economic growth revised lower as inventories drop 2023-08-30T04:00:00Z Data due as the week draws to a close include August payrolls, July PCE inflation and the Commerce Department's second take on April-June GDP. Wall St gains, Treasury yields drop as data raises potential for Fed pause 2023-08-29T04:00:00Z Currently, they make up for more than 40% of the Saudi gross domestic product, or GDP. Saudi Arabia's multi-billion dollar football powerhouse bet 2023-08-28T04:00:00Z "Tighter monetary policy from the Fed may have been more effective in slowing growth than the real GDP numbers taken alone might show," said Gus Faucher, chief economist at PNC Financial in Pittsburgh, Pennsylvania. US economic growth trimmed on inventories; retains underlying momentum 2023-08-30T04:00:00Z “It is estimated that every one percentage point decline in property investment may drag down the GDP growth rate by 0.1 percentage points,” said analyst Ma Hong at Zhixin Investment Research Institute. China new home prices growth likely flat in 2023, dragging on economy - Reuters poll 2023-08-28T04:00:00Z "PMIs have been weak, GDP is being revised downward. It's a tricky situation," he said. China-linked assets squeezed as slowdown ripples across markets 2023-08-28T04:00:00Z GDP data from India and inflation figures from Indonesia and Vietnam are also on tap. Morning Bid: Data, policy, diplomacy - China in focus again 2023-08-27T04:00:00Z The GDP report will be the last major piece of domestic data before the Canadian central bank makes its next policy decision on Sept. 6. Canadian economy set to show marked slowdown in Q2, giving BoC cause to pause 2023-08-27T04:00:00Z GDP expanded at a 2.4% annualized rate in the second quarter, and some estimates put the current quarter's pace at more than twice that. Analysis: U.S. growth, a puzzle to policymakers, could pose global risks 2023-08-27T04:00:00Z Tourism is a key part of Kenya's economy, accounting for about 10% of GDP at the last count by government. Kenya power cuts: Airports boss sacked as tourists left stranded 2023-08-26T04:00:00Z Year on year, adjusted GDP contracted by 0.2% in the second quarter. German economy stagnates in Q2 after winter recession 2023-08-25T04:00:00Z The real estate industry - including the buying, selling, and renting of units - makes up the largest share of Canada's overall GDP at 13%, according to 2020 figures by Statistics Canada. Canada considers foreign student cap over housing crisis 2023-08-24T04:00:00Z Michael Pettis, senior fellow at Carnegie China, estimates that if Beijing forces local governments to transfer 1-1.5% of GDP to households, China could maintain current growth. Analysis: China has no pain-free solutions for its slowing economy 2023-08-24T04:00:00Z The economy grew at a 2.4% annualized rate in the second quarter, the government said in its advance estimate of GDP, exceeding expectations that growth would slow due to the sharp rise in interest rates. US jobless claims fall, core capital goods orders grow incrementally 2023-08-24T04:00:00Z The combination of a slowdown in inflation and a relatively resilient job market has led many economists to revise higher their expectations for GDP through the end of this year and into 2024. US core capital goods increased modestly in July 2023-08-24T04:00:00Z Defence spending for next year will amount to 2.5% of Taiwan's GDP. Taiwan proposes extra $3 bln spending on new weapons next year 2023-08-24T04:00:00Z Government spending was thus projected to rise by 3.8 percentage points of GDP by 2063, with ageing accounting for 40 percent of that. Australia economy to slow, govt spending to rise as population ages-report 2023-08-24T04:00:00Z For months, a strong labor market and resilient consumer spending have increasingly assuaged fears of recession, and led to upward revisions of GDP growth forecasts. Dollar retreats as data shows US economy near stalling point 2023-08-23T04:00:00Z The combined slowdown in inflation and a relatively resilient job market prompted many economists to revise higher their expectations for GDP growth through the end of this year and into 2024. US jobless claims fall, core capital goods orders grow incrementally 2023-08-24T04:00:00Z For months, a strong labor market and resilient consumer spending has increasingly assuaged fears of recession, and led to upward revisions of GDP growth forecasts. US economy near stalling point as consumer demand weakens, survey says 2023-08-23T04:00:00Z Eight decades on, however, Italians form a major part of a burgeoning and increasingly lucrative tourist trade that accounted for 20% of GDP last year in a Balkan country where underdevelopment remains widespread. Italian tourists flock to Albania in key boost for economy 2023-08-23T04:00:00Z "For the year as a whole, the excess of expenditure over income will be at the planned level - around 2% of GDP," he said. Putin says Russia faces big economic challenges, must keep inflation in check 2023-08-22T04:00:00Z Expansion has long been a goal of China, which hopes that broader membership will lend clout to a grouping already home to some 40% of the world's population and a quarter of global GDP. BRICS no rival to G7 and G20, Brazil's Lula says as bloc meets 2023-08-22T04:00:00Z In the 12 months to June, the bloc's current account showed a deficit of 0.1% of GDP after a surplus of 1.0% in the previous 12 months. Euro zone current account surplus surges in June 2023-08-22T04:00:00Z The president has celebrated this increase and praised migrant workers for sending remittances, which last year accounted for 4.3% of Mexico's GDP. Mexico president attacks Reuters report on narco remittances 2023-08-21T04:00:00Z Income taxes will increase as a share of the economy and total tax receipts are expected to hit 24.4% of GDP in fiscal 2034. Slower growth ahead for Australia as population ages 2023-08-21T04:00:00Z The Atlanta Fed's GDP Now tracker is running at a heady 5.8% for this quarter. Asia braces for disappointment on China rate cuts 2023-08-21T04:00:00Z By 1929, its GDP was 12 percent higher than it had been in 1913, the last full prewar year, despite losing two million prime-age male workers in the war, with millions more disabled. Russia, Ukraine and Versailles: Bogus lessons from history won't solve this crisis 2023-08-19T04:00:00Z With China's economy struggling under a weight of property sector, credit and geopolitical worries - and GDP forecasts there being revised down rapidly - U.S. growth could well outstrip it this quarter. Accelerating US economy sideswipes markets 2023-08-17T04:00:00Z "But even if that were the case, GDP growth will surely slow sharply," he added. Japan exports fall for first time since 2021, stoking concerns about economy 2023-08-17T04:00:00Z Their city would have well more than twice the average GDP per capita of Birmingham, listed as the U.K.’s third wealthiest metropolitan area. How prosperous is America? Ask UPS drivers | Analysis 2023-08-16T04:00:00Z Beijing pledged to boost the household consumption share of GDP to prop up economic growth as debt-fuelled investment in infrastructure and property has peaked and exports slumped due to weakening global demand. China will strengthen policy coordination to meet growth target - state media 2023-08-16T04:00:00Z Fed policymakers' projections, which are issued on a quarterly basis, never showed GDP contracting on an annual basis. Fed, economists make course correction on US recession predictions 2023-08-16T04:00:00Z The euro zone also gets an economic data drop on Wednesday, with preliminary Q2 GDP figures estimated to show meager growth of 0.2% and industrial production data likely to be negative. Morning Bid: Stock markets tense as China gloom builds 2023-08-16T04:00:00Z Compare and contrast China with Japan, as per Tuesday's bumper Q2 GDP data, and the U.S., where figures on Tuesday showed a surge in retail sales. Morning Bid: China crisis 2023-08-15T04:00:00Z It will have second quarter GDP data, due on Sept. 1, to take into account before the next rate announcement on Sept. 6. Canada's inflation rate accelerates in July, but food prices ease 2023-08-15T04:00:00Z Poland increased its spending on defense to more than 2.5% of GDP last year and the amount is to rise again this year. Why tensions have been growing along NATO’s eastern border with Belarus 2023-08-15T04:00:00Z Economists want to see measures that would boost the household consumption share of the GDP. How much worse can China's economic slowdown get? 2023-08-15T04:00:00Z The average yearly income in Gabon is nearly $9,000, giving it the third-highest GDP per capita in sub-Saharan Africa, according to the World Bank. A $500 million deal to restore Gabon’s coast reignites climate finance debate 2023-08-15T04:00:00Z Tourism revenue contributes to export growth in such GDP data. Japanese economic growth surges on strong exports and tourism 2023-08-14T04:00:00Z Japan is one major economy where financing costs remain low even as its debt exceeds 260% of GDP and it has one of the world's oldest populations. US loss of AAA badge a reminder of 'regime shift' for government debt 2023-08-14T04:00:00Z Saxo Markets strategists said this week's GDP and CPI data in Japan could be key, as well as U.S. data which could continue to push Treasury yields higher. Yen breaks above 145/dlr level in choppy trading, dollar firm 2023-08-14T04:00:00Z Asian markets will get key economic signals this week that could determine monetary policy in the continent's two biggest economies - retail sales and industrial production and house prices from China, and Japanese GDP and inflation. Morning Bid: Will China pull the stimulus trigger? 2023-08-13T04:00:00Z But China is still trying to invest more than 40% of GDP, which just isn’t possible given falling growth. Why is China’s economy stumbling? | Paul Krugman 2023-08-13T04:00:00Z Liu said China's GDP growth continued to provide an important support for the development of the global economy. Biden's 'ticking time bomb' remark referred to China's internal tensions -White House 2023-08-11T04:00:00Z The tug-of-war between rekindling animal spirits at home and slowdowns abroad will be showcased in GDP numbers on Wednesday, following a rapid rebound from recession in the previous quarter's figures. Take Five: Are we there yet? 2023-08-11T04:00:00Z Agriculture accounts of nearly 14% of Indonesia's GDP, and a third of the labour force works in farming, government government data shows. Desperate for a drink: Indonesian villagers dig up dry river bed in drought 2023-08-09T04:00:00Z Recent polls show a steep learning curve, even though the U.S. economy has outrun recession warnings with record-low unemployment, strong wage gains and better-than-expected GDP growth. Biden revs up economy pitch after week of silence on Trump 2023-08-07T04:00:00Z Then comes frugal Beijing, which has most room for manoeuvre, with a central government debt of only 21% of GDP. Analysis: China can no longer 'extend and pretend' on municipal debt 2023-08-06T04:00:00Z Monday's calendar in Asia is fairly light, with Indonesian Q2 GDP and Thai inflation for July the main releases. Morning Bid: Markets yield to U.S. curve 2023-08-06T04:00:00Z The Bank of Russia forecasts GDP growth at 1.5%-2.5% this year, in line with analysts polled by Reuters last week. Exclusive: Russia doubles 2023 defence spending plan as war costs soar 2023-08-04T04:00:00Z The government will release the preliminary second-quarter GDP data on 8:50 a.m. Japan's economy to pick up in Q2 despite slowing global demand 2023-08-04T04:00:00Z China has a long history of savings rates being high - according to World Bank estimates the savings rate to GDP is the highest among large economies. Analysis-China's stubborn savers risk precipitating liquidity trap 2023-08-04T04:00:00Z Tourism generally accounts for more than 20% of Greece's GDP, and Rhodes is one of the world's top 100 tourist destinations. Rhodes fires: Free holiday for evacuated tourists, Greek PM says 2023-08-02T04:00:00Z "Today, the unemployment rate is near historic lows, inflation has come down significantly since last summer, and last week’s GDP report shows that the U.S. economy continues to grow," Yellen said. Biden officials protest 'bizarre' Fitch downgrade, cite Trump-era woes 2023-08-02T04:00:00Z Under new fiscal rules still pending congressional approval, the government would need to erase its budget deficit in 2024, with a tolerance margin of 0.25 percentage point of GDP. Brazil faces setbacks on push to erase budget deficit 2023-08-01T04:00:00Z But our objective is not measured GDP; our objective is well-being. Unregulated AI Will Worsen Inequality, Warns Nobel-Winning Economist Joseph Stiglitz 2023-08-01T04:00:00Z "The market, despite sort of slower GDP growth, it is still much faster, or twice as fast as some developed markets and it is huge. It still offers us amazing growth opportunities," she said. Yum China sticks to plan to open up to 1,300 new stores this year -CEO 2023-08-01T04:00:00Z The gloomy data contrasts with the expectations of the government, which in April set a growth target of 1% for 2023 and estimated a moderate increase in GDP between April and June. Italy GDP unexpectedly shrinks in blow to Meloni 2023-07-31T04:00:00Z Our regional GDP is now a staggering $479 billion, establishing us as the ninth largest metro economy in the nation. APEC is advancing the inclusive growth we all seek in WA | Op-Ed 2023-07-30T04:00:00Z "They support our scenario of GDP growth of 0.9% in the euro area this year." ECB's Lagarde says latest growth data 'encouraging' 2023-07-30T04:00:00Z Most nations tabulate their economic activities and eventually spit out a number that is recorded as GDP. China's Great Leap Backward: So much for the next dominant superpower 2023-07-30T04:00:00Z Governments continue to desire an increase in populations to make GDP figures look better and corporations want increases in order to increase profits. Climate crisis: ‘Too many humans’ 2023-07-28T04:00:00Z April GDP was upwardly revised to 0.1% growth from an initial report of zero growth. Canada economy up 0.3% in May, most likely down 0.2% in June 2023-07-28T04:00:00Z Commerce Department put out its robust initial take on second-quarter GDP. Marketmind: Bank of Japan sets the stage for higher yields 2023-07-28T04:00:00Z Heikkila said property assessments are only one tool in determining the strength of an economy that includes employment levels, inflation and GDP growth. L.A. County property value total hits a record $1.997 trillion, up 5.91%, assessor says 2023-07-27T04:00:00Z In China, the central government determines what GDP shall be for the quarter, and then it's up to officials to hit their numbers. China's Great Leap Backward: So much for the next dominant superpower 2023-07-30T04:00:00Z On tap on the economic front, the Commerce Department is set to report that the U.S. gross domestic product increased at a 1.8% annualized rate last quarter, in its advance estimate of second-quarter GDP growth. Nasdaq futures rise after Meta results, Fed optimism 2023-07-27T04:00:00Z The central bank said earlier in July that pent-up demand for services and a tight labor marker were among factors driving the economy, as it raised its GDP growth forecast for this year. Canada economy up 0.3% in May, most likely down 0.2% in June 2023-07-28T04:00:00Z Second-quarter GDP estimates for Spain, France and Germany should show modestly expanding and yet struggling economies, if latest purchasing manager indexes are any indication. Marketmind: Bank of Japan sets the stage for higher yields 2023-07-28T04:00:00Z Further contribution to GDP growth was expected from government spending. Moderate US economic growth expected in second quarter 2023-07-27T04:00:00Z Here's a graph published by Reuters, which shows that private consumption as a share of Chinese GDP has been falling for decades. China's Great Leap Backward: So much for the next dominant superpower 2023-07-30T04:00:00Z The manufacturing sector's share of GDP has remained stagnant for years because of the lack of a facilitating ecosystem. Semiconductors: Can India become a global chip powerhouse? 2023-07-26T04:00:00Z The high-tech sector is an important growth engine that accounts for 14% of jobs and almost a fifth of GDP. Analysis: Netanyahu judicial move spawns economic, political risks 2023-07-26T04:00:00Z It accounts for 18% of Greece's GDP and one in five jobs, with reliance on tourism even greater on islands such as Rhodes. Wildfires bring death and destruction to Mediterranean 2023-07-25T04:00:00Z Inventory investment is a wild card, though most economists are penciling in a contribution to GDP growth of at least five tenths of a percentage point. Moderate US economic growth expected in second quarter 2023-07-27T04:00:00Z But this is as much the result of political pressure to hit government GDP targets as anything else. China's Great Leap Backward: So much for the next dominant superpower 2023-07-30T04:00:00Z And without such precautions, regional annual losses from disasters are projected to amount to about $1 trillion annually, or 3.1% of regional GDP. Asia-Pacific needs disaster warning systems to counter rising climate change risks, report says 2023-07-25T04:00:00Z "Such economic shocks tend to lead to weaker GDP growth due to lower business investment and private consumption growth." Analysis: Netanyahu judicial move spawns economic, political risks 2023-07-26T04:00:00Z Weak GDP figures from China last week also raised alarm about the world's second-biggest economy. Adidas and Puma bet on 'terrace' sneaker trend in tough market 2023-07-25T04:00:00Z Business sharply reduced inventory accumulation in the January-March quarter in anticipation of weaker domestic demand, slicing 2.14 percentage points off GDP growth that period. Moderate US economic growth expected in second quarter 2023-07-27T04:00:00Z To go back to Pettis, he explains the Chinese view by saying that for Beijing, GDP is an input, whereas virtually every other country understands it as an output. China's Great Leap Backward: So much for the next dominant superpower 2023-07-30T04:00:00Z He repeated his promise to invest in the country's roads, ports, airports, and water supply, committing infrastructure spending that is equal to as much as 6% of GDP. Philippines' Marcos touts economic successes, but challenges lie ahead 2023-07-25T04:00:00Z Earlier this month, the BOC said there was excess demand in the economy as it raised its GDP forecast and extended the timeline for inflation to return to the bank's 2% target. Canadian market participants see rates staying at 5% in 2023 -BoC survey 2023-07-24T04:00:00Z They also want a commitment to reinstate the international development department, which has been folded into the foreign office, and to meet the aid target of 0.7% of GDP. National Policy Forum: Labour seeks to iron out policy disagreements 2023-07-21T04:00:00Z "We'll see some slowing in the second half of the year, and possibly negative GDP in the first quarter," said Sean Snaith, director of the University of Central Florida's Institute for Economic Forecasting. Moderate US economic growth expected in second quarter 2023-07-27T04:00:00Z In other words, most nations tabulate their economic activities and eventually spit out a number that is recorded as GDP. China's Great Leap Backward: So much for the next dominant superpower 2023-07-30T04:00:00Z Other countries under similar pressure include Qatar, Singapore and the United Arab Emirates, three of the world's richest nations in terms of GDP per capita. Climate change: Which countries will foot the bill? 2023-07-21T04:00:00Z Several countries have attempted to diversify policymaking beyond economic benchmarks in recent years, most famously Bhutan, whose "gross national happiness" index is considered more important than GDP. Australia launches 'national wellbeing' dashboard to measure prosperity beyond GDP 2023-07-21T04:00:00Z GDP is a snapshot of the current economy, debt is paid down over time — 10 or even 30 years. Column: The false centrism of political group No Labels 2023-07-20T04:00:00Z Headline U.S. retail sales data came in below forecasts, but core sales which exclude food, fuel and building materials, rose a solid 0.6% in June and had economists lifting GDP forecasts. Asia stocks split as US-China outlooks diverge 2023-07-19T04:00:00Z Nikkei chimed in that "China's GDP is unlikely to surpass U.S. in next few decades." China's Great Leap Backward: So much for the next dominant superpower 2023-07-30T04:00:00Z That would equate to about one-sixth of the state’s approximately $300 billion annual GDP. Missouri Supreme Court weighs fate of amendment to restore abortion rights 2023-07-18T04:00:00Z When Japan began to stagnate in the 1990s, it had already exceeded the average GDP per capita of high-income economies and was nearing U.S. levels. Will China ever get rich? A new era of much slower growth dawns 2023-07-18T04:00:00Z The government’s interest bill comes to about 1.7% of GDP this year, according to the Congressional Budget Office. Column: The false centrism of political group No Labels 2023-07-20T04:00:00Z Yet the US spends only 1.5-2.5 percent of its GDP on infrastructure, proportionately less than half of what the European Union spends, Lehman says. Here’s what worries engineers the most about U.S. infrastructure 2023-07-17T04:00:00Z The Chinese population is shrinking, meaning that domestic labor costs will continue to surge upward even as overall GDP growth falls. China's Great Leap Backward: So much for the next dominant superpower 2023-07-30T04:00:00Z The national statistics office is due to release preliminary second-quarter GDP figures on July 31. Germany’s central bank says the economy apparently returned to growth in the 2nd quarter 2023-07-17T04:00:00Z "Second quarter GDP figures were disappointing, but June's activity data was better than expected, perhaps suggesting tentative signs that the deceleration momentum is slowing." Instant View: China's Q2 GDP growth slows to 0.8% q/q, raises stimulus expectations 2023-07-17T04:00:00Z The GDP in the second quarter was up 0.8% compared to the first three months of the year. China’s economy grew 6.3% in the second quarter, lower than expected as momentum slows 2023-07-16T04:00:00Z The macro and market week in Asia starts with a bang on Monday, with a raft of top-tier economic indicators from China culminating in second-quarter GDP growth data. Morning Bid: Will China GDP spoil the party? 2023-07-16T04:00:00Z Market watchers are also looking ahead to regional data expected next week, including consumer prices in Japan and China’s GDP. Stock market today: Asian shares buoyed by Wall Street’s winning week as inflation eases 2023-07-13T04:00:00Z "We need new mechanisms to anticipate and absorb shocks," Steiner said, adding that mitigating the recent impact on the world's poor would cost just over $107 billion, or 0.065 percent of global GDP. UN agency calls for debt pause option as poverty rates rise 2023-07-14T04:00:00Z "The weak Q2 GDP figure confirmed the dissipating reopening recovery momentum while market participants were not that surprising to the data disappointment." Instant View: China's Q2 GDP growth slows to 0.8% q/q, raises stimulus expectations 2023-07-17T04:00:00Z China’s GDP in the first quarter beat expectations and grew by 4.5%, as consumers flocked to shopping malls and restaurants after nearly three years of “zero-COVID” restrictions were removed at the end of 2022. China’s economy grew 6.3% in the second quarter, lower than expected as momentum slows 2023-07-16T04:00:00Z A raft of Chinese economic indicators for June - investment, retail sales, industrial production and unemployment - will be released on Monday, as well as the second-quarter GDP report. Morning Bid: Will China GDP spoil the party? 2023-07-16T04:00:00Z Bullish sentiment is such that the Asian economic indicators on Friday - Singapore GDP, Japanese industrial production and Indian wholesale price inflation - may have no bearing on markets even if they disappoint. Morning Bid: US inflation cheer gives stocks best week this year 2023-07-13T04:00:00Z Both GDP and industrial output should have contracted in May from the previous month, leaving markets smug in their view that as policy rates head toward 6%, Britain is heading for a recession. Morning Bid: UK data deluge and the run-up to recession 2023-07-13T04:00:00Z "Nominal GDP growth turns out to be lower than real GDP growth in Q2, the first time since comparable data are available in Q4 2016. This indicates that risk of deflation is serious." Instant View: China's Q2 GDP growth slows to 0.8% q/q, raises stimulus expectations 2023-07-17T04:00:00Z Chinese trade data is due later on Thursday, along with minutes from last month's European Central Bank meeting, European industrial production data and British monthly GDP. Dollar takes a beating as traders see US rates peaking 2023-07-13T04:00:00Z It also revised up its estimate for the performance in the previous quarter, which it now says saw a 0.1% fall in GDP rather than its earlier estimate of a 0.2% fall. What is a recession and how could it affect me? 2023-03-31T04:00:00Z Although it does not have a large military, it has re-introduced conscription and boosted defence spending in recent years, with a plan to raise its military budget to 2% of Sweden's GDP by 2026. Sweden hails historic step as Turkey backs Nato bid 2023-07-11T04:00:00Z Housing detracted, on average, around 1% from real GDP growth between the second and fourth quarters of 2022, but the leading indicators of weakness showed up earlier. Squeezed homebuyers are just what the economy needed | Commentary 2023-07-09T04:00:00Z Bringing up the rear are Canada, Slovenia, Turkey, Spain, Belgium and Luxembourg, whose defence spending was under 1.4% of GDP. NATO allies agree to spend 'at least 2%' of their GDP on defence -diplomats 2023-07-07T04:00:00Z The 31 allies agreed on "an enduring commitment to invest at least 2%" of their GDP into their militaries in the future, two diplomats said. Explainer: What's on the table for NATO at Vilnius summit? 2023-07-07T04:00:00Z As a result, the economy could lose 2.55%-7.71% of its GDP per year, it said. Ukrainian refugees: how will the economy recover with a diminished population? 2023-07-07T04:00:00Z Inflation is down sharply, employment is holding steady and GDP is growing. Kamala Harris touts the small business side of 'Bidenomics' at Santa Monica restaurant 2023-07-06T04:00:00Z Housing is about to shift from a headwind to a tail wind when it comes to GDP. Squeezed homebuyers are just what the economy needed | Commentary 2023-07-09T04:00:00Z "If there's a near-term volatility in the trade figures or even the GDP figures based on this, the Bank of Canada always looks through that volatility no matter where it comes from." Canada port strike may add to inflation concerns ahead of rate decision 2023-07-06T04:00:00Z Stoltenberg had intended to make NATO's previous military spending target of 2% of national GDP a minimum requirement rather than a goal to aim for. Explainer: What's on the table for NATO at Vilnius summit? 2023-07-07T04:00:00Z Among other things, the documents called for major new counterstrike capabilities and set a goal of Japan spending at least 2% of its annual GDP on defense by 2027. Abe’s influence still felt at home and abroad a year after his death 2023-07-06T04:00:00Z Bringing up the rear were Belgium, Spain and Luxembourg, whose defence spending was under 1.2% of GDP. Explainer: What NATO leaders will decide at the Vilnius summit 2023-07-06T04:00:00Z Even if housing demand stalls later, the building uptick underway should boost GDP growth for at least a couple of quarters, and likely longer. Squeezed homebuyers are just what the economy needed | Commentary 2023-07-09T04:00:00Z China releases its second-quarter GDP data and June activity indicators in mid-July. China's services activity softens as recovery falters - Caixin PMI 2023-07-05T04:00:00Z Bringing up the rear are Canada, Slovenia, Turkey, Spain, Belgium and Luxembourg whose defence spending was under 1.4% of GDP. Explainer: What's on the table for NATO at Vilnius summit? 2023-07-07T04:00:00Z The economy has sputtered this year, triggering downward revisions to GDP growth estimates, widespread underperformance of Chinese assets, and increasing calls for fiscal and monetary stimulus. Morning Bid: China PMI eyed as U.S. trade war rumbles 2023-07-04T04:00:00Z Stoltenberg aims to make NATO's current military spending target of 2% of the national GDP a minimum requirement rather than a goal to aim for. Explainer: What NATO leaders will decide at the Vilnius summit 2023-07-06T04:00:00Z This improvement has not yet shown up in the GDP data due to the way the recovery has unfolded. Squeezed homebuyers are just what the economy needed | Commentary 2023-07-09T04:00:00Z And if Mr Sunak does not manage to achieve his second priority of growing the economy, then getting debt to fall as a proportion of GDP becomes harder. Rishi Sunak's five promises: How is he getting on? 2023-07-03T04:00:00Z March GDP was upwardly revised to 0.1% growth from an initial report of flat growth. Canada's economy unchanged in April, but likely surged 0.4% in May 2023-06-30T04:00:00Z The Atlanta Fed is currently estimating GDP increasing at a 1.8% rate this quarter. US consumer spending edges up in May; inflation still high 2023-06-30T04:00:00Z The government has set a modest GDP growth target of about 5% for this year after badly missing its 2022 goal. China's factory activity extends declines as demand weakens 2023-06-30T04:00:00Z In the past 40 years, there have been 12 quarters in which real GDP growth fell by at least 1% on a seasonally adjusted annual basis. Squeezed homebuyers are just what the economy needed | Commentary 2023-07-09T04:00:00Z When governments talk about debt falling, they almost always mean as a proportion of GDP. Rishi Sunak's five promises: How is he getting on? 2023-07-03T04:00:00Z Thursday's U.S. data were unambiguously positive - a chunky upward revision to Q1 GDP growth and the biggest fall in weekly jobless claims since 2021 point to 'no landing', never mind a 'soft landing' Morning Bid: China, Japan data bring curtain down on H1 2023-06-29T04:00:00Z Morgan Stanley estimates that the hit to income at the disposal of households could lower inflation-adjusted consumer spending by about 10 basis points this year and slice off seven basis points from GDP growth. US consumer spending edges up in May; inflation still high 2023-06-30T04:00:00Z GDP and weekly jobless claims, due at 8:30 a.m. Futures edge higher as banks rise after stress test results 2023-06-29T04:00:00Z In nine of those, residential investment detracted from GDP growth. Squeezed homebuyers are just what the economy needed | Commentary 2023-07-09T04:00:00Z The figure came slightly below the 2.18% growth expected by private economists in a weekly survey conducted by the bank and remains weaker than last year's 2.9% GDP expansion. Brazil central bank improves 2023 GDP growth forecast to 2.0% 2023-06-29T04:00:00Z Italy, which has the second largest debt mountain in relation to its GDP in the euro zone after Greece, has criticised the suggestion. Analysis-Deep distrust of EU leaves Italy's Meloni in a corner over bailout fund 2023-06-29T04:00:00Z The domestic restructuring is needed to help the country reach the IMF programme goal of reducing overall debt to 95% of GDP by 2032. Sri Lanka asks dollar debt holders for 30% haircut 2023-06-29T04:00:00Z This category also factored in GDP per capita and the percentage of remote workers in a metro area, per 2021 Census data. Bankrate: Seattle among best U.S. cities to start a career 2023-06-28T04:00:00Z Without interest payments, the feds would end this year with a deficit equivalent to 3.3% of GDP. Debt squeeze: Interest payments will swamp the federal budget 2023-06-28T04:00:00Z The domestic debt restructure is needed to help the country reach the IMF programme goal of reducing overall debt to 95% of GDP by 2032. Factbox: Sri Lanka's domestic debt rework targets IMF goals, economic recovery 2023-06-26T04:00:00Z But infrastructure like roads and bridges remain unrepaired in the Punjab, which contributes more than half of the national GDP. After devastating floods in Pakistan, some have recovered but many are struggling a year later 2023-06-21T04:00:00Z The World Bank has estimated Ukraine's reconstruction will cost at least $411 billion to cover damage suffered in the first year of the war - two times Ukraine's pre-invasion GDP. Ukraine plans to restore pre-war tax system by July -Finance Minister 2023-06-22T04:00:00Z Tourism accounts for 13% of Italy’s GDP, so it is a big driver of the national economy. World Expo 2030 sees battling bids from cities in Saudi Arabia, Italy, South Korea 2023-06-20T04:00:00Z Looking out over the next 30 years, the analysts said they see federal revenue remaining relatively flat, at roughly 18% to 19% of GDP. Debt squeeze: Interest payments will swamp the federal budget 2023-06-28T04:00:00Z "This requires more policy easing to stabilise investment – the key drag to 2Q GDP growth - and prevent weakness from spreading to household sentiment and services," said Xing. Asian stocks off to a slow start, eyeing China stimulus, Powell testimonies 2023-06-19T04:00:00Z Like most Western states Sweden scaled down its defence following the end of the Cold War but has ramped up defence spending and is due to meet NATO's threshold of 2% GDP in 2026. Russian attack cannot be ruled out, says Swedish parliamentary report: SVT 2023-06-18T04:00:00Z The government has set a modest GDP growth target of around 5% for this year after badly missing its 2022 goal. Major banks cut China 2023 GDP forecasts as recovery falters 2023-06-16T04:00:00Z The government's own estimates suggest Maharashtra's GDP will get a 8.5% boost. Maharashtra: The Indians taking on oil giants to stop $40bn refinery 2023-06-15T04:00:00Z This year, debt held by the public will be 98% of GDP. Debt squeeze: Interest payments will swamp the federal budget 2023-06-28T04:00:00Z Retail inventories excluding autos, which go into the calculation of GDP, fell 0.2% instead of dipping 0.1% as estimated last month. U.S. business inventories rebound in April 2023-06-15T04:00:00Z The Atlanta Fed is currently estimating GDP rising at a 2.2% pace in the second quarter. US retail sales rise in May; weekly jobless claims unchanged 2023-06-15T04:00:00Z He believes Greece can achieve annually a primary surplus of 2% of GDP. PM-in-waiting, Greek conservative leader wants to realise investment grade goal 2023-06-15T04:00:00Z "Looking ahead, we continue to expect GDP in Q2 as a whole to be unchanged from Q1," said Samuel Tombs, chief UK economist at consultancy Pantheon Macroeconomics. Retail and films drive modest growth in UK economy 2023-06-14T04:00:00Z Today, economists predict slightly better GDP growth in April from the previous month, but a decline in industrial output. Morning Bid: A hawkish skip or a dovish pause? 2023-06-14T04:00:00Z But it also identified huge potential benefits for many sectors, and predicted that AI would lead to a 7% increase in global GDP. Artificial Intelligence: What is AI, is it dangerous and what jobs are at risk? 2023-06-13T04:00:00Z The amount of food and garden waste in Australia is growing at a rate six times faster than Australia's population and 2.5 times faster than GDP. The case for compost: Why recycling food waste is so much better than sending it to landfill 2023-06-13T04:00:00Z It is well known that after the 1970s GDP per capita kept increasing, but wages stayed flat or even declined. Welcome to the "End Times": Peter Turchin saw this coming — and says we can still prevent collapse 2023-06-13T04:00:00Z "Public sector strikes have continued to rumble on, and the lost working day for the King's coronation probably inflicted a 0.2 percentage point blow to GDP in May," Tombs added. Retail and films drive modest growth in UK economy 2023-06-14T04:00:00Z To reach the goal, the industry needs to decouple its environmental impact from strong travel demand, which is set to grow at an expected 3.5% compared with GDP growth of 2.5%, Avolon said. Avolon says $4 trln needed to transform global jet fleet 2023-06-13T04:00:00Z The fiscal deficit for the following fiscal year was projected at 6.54% of GDP, according to the budget. Pakistan's target of 3.5% GDP in 2023-24 fiscal year "realistic" - finance minister 2023-06-10T04:00:00Z The government has allotted a little over 3% of GDP for the education sector this year, even though the country has previously vowed to boost spending to 6% of GDP. Thousands of Romanian teachers protest over pay as strike ends its third week 2023-06-09T04:00:00Z That will be calculated based on the size of the country's GDP and population, the number of irregular border crossings including via sea rescue operations, and more. Factbox: What's inside EU migration deal, and what lies ahead 2023-06-09T04:00:00Z But there is another rule which Ms Reeves cited this morning - to have debt falling as a percentage of GDP or Gross Domestic Product, a measure of economic activity. Why has Labour U-turned on its green investment pledge? 2023-06-09T04:00:00Z Along with Germany and Ireland, GDP also declined quarter-on-quarter in Greece, Lithuania, Malta and the Netherlands. Euro zone slips into recession after Germany, Ireland revisions 2023-06-08T04:00:00Z "GDP in local currency terms is more at risk from a course correction on interest rates, where rate hikes rein in rampant credit growth, rather than devaluation per se," said Hasnain Malik at Tellimer. TRYing times: The slide and fall of the Turkish lira 2023-06-07T04:00:00Z Real global GDP is set to climb 2.1% this year, the World Bank said in its latest Global Economic Prospects report. World Bank lifts 2023 global growth forecasts, but cuts next year's outlook 2023-06-06T04:00:00Z Household consumption, which like elsewhere accounts for broadly half of GDP in Germany, will be key to the outcome. Analysis: Spend the recession away? Not the thrifty Germans 2023-06-05T04:00:00Z A sprawling patchwork of suburbs, urban slums, farmland and industry, the state is home to 1 in 8 Mexicans and is an economic powerhouse, contributing 9% to the country’s GDP. One party has governed Mexico's biggest state for a century. It looks as if that is about to change 2023-06-04T04:00:00Z South Korean inflation for May is the main regional economic indicator on the calendar, and the won could also get a jolt from revised first quarter GDP growth figures. Marketmind: Finishing the week with a flurry 2023-06-01T04:00:00Z "But manufacturing output ticked up and the service sector is still seeing decent gains, suggesting that Q2 GDP growth may not be as bad as many fear." Asia's factories struggle for momentum amid patchy recovery 2023-06-01T04:00:00Z "Business investment may yet prove to be a bright spot in what looks set to be a gloomy Q1 GDP print," said Sean Langcake, head of macroeconomic forecasting for Oxford Economics Australia. Australia first-quarter business investment hits 7-year high, outlook solid 2023-06-01T04:00:00Z March's real GDP was flat compared to February, which beat expectations, while April's GDP likely increased by 0.2%, StatsCan said in a flash estimate. Canada's economy up 3.1% in Q1, April GDP likely up 0.2% 2023-05-31T04:00:00Z The UK estimates the deal will add 800 million pounds to its GDP. New Zealand-UK free trade agreement to start benefiting exporters -NZ PM 2023-05-30T04:00:00Z Smith warned Trudeau's Liberal climate policies will destroy tens of thousands of jobs in the oil and gas sector, which contributes more than 20% to Alberta GDP. Climate battle looms as Alberta premier takes aim at Trudeau 2023-05-30T04:00:00Z An alternative would be imposing higher capital requirements if the bank's assets rose above 50% of Swiss GDP. Switzerland's Social Democrats propose shrinking UBS - Aargauer Zeitung 2023-05-30T04:00:00Z “How much impact will these spending cuts have on GDP and economic growth?” Analysis: Debt deal could boost unloved corners of US stock market 2023-05-28T04:00:00Z Data released Thursday by the Federal Statistical Office shows Germany’s gross domestic product, or GDP, declined by 0.3% in the period from January to March. Germany economy shrinks in first quarter, signaling one definition of recession 2023-05-25T04:00:00Z |
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