| 单词 | gross domestic product |
| 例句 | About six percent of the country’s gross domestic product is spent on education, more than double the percentage of comparable spending in the United States, Japan, or Britain. Escape from Camp 14: One Man's Remarkable Odyssey from North Korea to Freedom in the West 2013-03-26T00:00:00Z The country’s fourth king, and father of today’s ruler, introduced the concept of gross national happiness in the 1970s as more important than gross domestic product. In Bhutan, ‘gross national happiness’ is what counts 2018-04-04T04:00:00Z “By the year 2050, more than 50 percent of the world’s gross domestic product will come from India and China,” said Vishakha N. Desai, president of the society, in a recent interview at her office. Asia Society Expands, in Houston and Hong Kong 2012-02-01T00:37:21Z A year ago, she was appointed chairwoman of the British Fashion Council, a role she described with crisp authority in an interview as “thinking big picture, gross domestic product, exports and jobs.” Net-a-Porter Founder Natalie Massenet Looks to Expand on Success 2013-12-20T21:39:03Z Tourism and all travel-related revenues account for about 10 percent of Portugal’s gross domestic product, which expanded 2.7 percent last year. Portugal tourist arrivals spike 12 percent to new record in 2017 2018-02-14T05:00:00Z Tourism accounts for around 5 percent of gross domestic product and arrivals this year have already reached about 2.3 million. Fifty Chinese couples marry in mass ceremony in Sri Lanka 2017-12-17T05:00:00Z The Australian Greens recently moved a Senate motion calling on the government to boost public and private R&D spending from 2.2 percent of gross domestic product to 3 percent, in line with US targets. Australia’s relentless war on science 2014-04-24T12:30:00Z Bureau of Economic Analysis and the National Endowment for the Arts will release the first-ever estimates of the creative sector's contributions to U.S. gross domestic product based on 2011 data, the most recent figures available. Report: Arts, culture add $500B to nation's GDP 2013-12-05T13:52:50Z Last year, tourist dollars accounted for 3 percent of the small Himalayan country’s gross domestic product. Sherpas inexplicably blamed for mounting Everest accidents 2013-05-31T16:52:00Z That would be four times Iceland's gross domestic product. Gold rush: Chinese head out on holiday en masse, skirting Taiwan and Hong Kong 2016-09-30T04:00:00Z These are significant sums of money – approximately the endowment of Harvard University, for example, or the annual gross domestic product of Paraguay or Bosnia-Herzegovina. Tony Judt: A manifesto for a new politics 2010-03-20T00:07:00Z More than 80 percent of the population own their homes; the mortgage debt totals over 600 billion euros or around two-thirds of gross domestic product. E-books by major post-WWII author Irwin Shaw out 2013-02-26T17:46:04Z Tourism is a crucial part of the Greek economy, accounting for 20% of its gross domestic product and an even larger proportion of itsjobs. UK travellers unable to fly to Greece as country reopens 2020-06-12T04:00:00Z A recent Arts Council report showed that the arts get less than 0.1% of public spending but deliver four times that in gross domestic product. Warning over cultural funding cull 2013-06-12T11:22:01Z They represent 3 percent of the world’s population but contribute 9 percent of its gross domestic product. Expat, Immigrant, Migrant, Refugee: Why ‘This Land Is Our Land’ No Matter the Label 2019-06-04T04:00:00Z Tourism accounts for around 5 percent of gross domestic product and arrivals this year have already reached about 2.3 million. Fifty Chinese couples marry in mass ceremony in Sri Lanka 2017-12-17T05:00:00Z Last month, the Brookings Institution concluded three U.S. metropolitan areas are in economic recovery, but did not include Washington because its population burst drove down its gross domestic product on a per capita basis. Americans answer D.C.'s siren song of employment, strong economy 2012-12-21T21:26:39Z Manufacturing, once nearly a third of U.S. gross domestic product, has dwindled to around 12 percent, a punch to the gut for the American working class. Reviving manufacturing would help all of us—not just white men 2017-05-14T04:00:00Z Tourism accounts for 4 percent of Nepal's gross domestic product, and fees paid by climbers for permits is a major source of income for the cash-strapped government. Nepal opens peaks named after Hillary, Tenzing to foreign climbers 2014-05-22T04:00:00Z Through the decade, gross domestic product would free-fall almost 80 percent and malnutrition would stalk the population. The Disaster That Is Venezuela 2022-03-15T04:00:00Z According to the Royal Society of Chemistry, some 20% of Britain's gross domestic product is now down to the work of chemists. Chemistry: the unsung hero of science 2011-02-13T00:06:06Z Estimates say the still-rising costs for repairs to all Nycha properties are now approaching the annual gross domestic product of Bahrain. New York Has a Public Housing Problem. Does London Have an Answer? 2019-03-01T05:00:00Z To judge each city's productivity we also ranked each metro on its per capita gross domestic product in 2008, the most recent year available, using data from Economy.com. Ten U.S. Cities In Free Fall 2010-04-09T20:20:00Z Sustainable Development Solutions Network and ranks 149 countries based on gross domestic product per person, healthy life expectancy and the opinions of residents. This country is the happiest in the world, even during the coronavirus pandemic 2021-03-19T04:00:00Z "Home price increases, inventories going down, and increases in sales all occurred during increasing unemployment and negative gross domestic product growth." Will The Home Buyer Tax Credit Help? 2010-06-08T22:25:00Z Tourism provides some 11 percent of Spain's gross domestic product. Spain marks monthly record for tourist arrivals in August 2016-09-30T04:00:00Z According to the report: The costs of maternity, paternity, and parental leave relative to population and gross domestic product are modest, even in countries with generous leave policies. Motherlode: Maternity Leave and Human Rights 2011-02-24T23:20:47Z The tourism sector accounts for 13 percent of Italy’s gross domestic product. Europe’s Patchwork Reopening 2020-06-05T04:00:00Z The country would heal when the economy healed, we were repeatedly told under this strategy — as if the virus knew or cared about the gross domestic product. Perspective | The ‘commander in grief’ steps up to the microphone 2021-03-12T05:00:00Z Official calculations made public on Wednesday under new European guidelines showed the industry accounted for about 0.4 percent of gross domestic product. It's official: drugs, prostitution boost Dutch economy 2014-06-25T04:00:00Z At United Nations functions, for instance, he would draw foreign dignitaries into discussions of the gross domestic product of the Galactic Republic. A Harvard Professor Goes ‘Star Wars’ Crazy 2016-06-04T04:00:00Z Some 4 million people visited the Bahamas the first six months of this year, contributing to roughly half the country’s gross domestic product. The Bahamas’ Big Need Is Tourists, It Says 2019-09-17T04:00:00Z Though Greece ranks 32nd in terms of gross domestic product, experts say it wields a disproportionate influence on world markets. Greek prime minister expected to resign 2011-11-06T15:27:00Z “The gross domestic product here has been on a downward slope for years, and the Italian market is very depressed,” Mr. Damiani said. Creating Golden Opportunities Amid Austerity 2012-11-27T15:59:55Z The tourism industry is a top contributor to Kenya’s gross domestic product and accounts for more than half a million jobs in Morocco. Being Gay Is Illegal in Many Countries. L.G.B.T.Q. Travelers Are Going Anyway. 2023-06-06T04:00:00Z It would shave “3 to 6 percentage points off of the country's gross domestic product by century's end -- the warmer it gets, the bigger the hit to the economy.” Parenting the climate-change generation 2019-03-15T04:00:00Z Tourism and all travel-related revenues account for about 10 percent of Portugal’s gross domestic product, which expanded 2.7 percent last year. Portugal tourist arrivals spike 12 percent to new record in 2017 2018-02-14T05:00:00Z Tourism contributes $19.6 billion to Mexico’s economy, or about 7 percent of its gross domestic product, drawing travelers to its beaches, pre-Colombian archaeological sites and colonial towns. After New Travel Warning, Questions About Safety in Mexico 2017-09-29T04:00:00Z The per capita gross domestic product is equivalent to $9,000, though the Bhutanese government doesn’t get too worked up about these figures. A New, Flourishing Literary Scene in the Real Shangri-La 2018-08-19T04:00:00Z From domestic disputes to wars, they estimated that all violence worldwide cost $9.5 trillion a year, mainly in lost economic output and equivalent to 11.2 percent of world gross domestic product. Violence at home costs $8 trillion a year, worse than war: study 2014-09-09T04:00:00Z It ferries 12,000 passengers a day, many of them tourists, supporting a sector that contributes 14 percent of gross domestic product. Kenya to restructure national carrier in a month: tourism minister 2016-10-12T04:00:00Z In an eye-catching statistical appendix, they martial evidence that marginal income-tax rates for the wealthy hurt gross domestic product and employment when they fall below 35 percent. How Lincoln favored the middle class over the wealthy 2015-12-02T05:00:00Z That thing must be the worth the gross domestic product of a small nation by now. "Ted Lasso" has a message for everyone: Get you a man like Roy Kent 2021-08-14T04:00:00Z The nation's gross domestic product -- the total value of goods and services produced in the U.S. -- rose 2.8 percent in the fourth quarter from the prior quarter, the Commerce Department reported Friday. U.S. GDP growth quickens in Q4, but speed-bumps ahead 2012-01-27T13:42:00Z In 2019, the arts, entertainment, recreation and hospitality industries were booming, contributing nearly $1.6 trillion in gross domestic product, according to the Bureau of Economic Analysis. Entrepreneurs Bet Big on Immersive Art Despite Covid-19 2021-01-10T05:00:00Z Besides the U.S., there are 13 members that represent 40% of global gross domestic product. Biden promises a better economic relationship with Asia, but he’s specifically avoiding a trade deal 2023-11-15T05:00:00Z The debt brake, introduced more than a decade ago, allows new borrowing to the tune of only 0.35% of annual gross domestic product. Germany’s highest court annuls a decision to repurpose COVID relief funding for climate measures 2023-11-15T05:00:00Z Real gross domestic product, which measures the total value of a nation’s products and services, fell 0.5% in the July-September period for the world’s third largest economy, the Cabinet Office said. Japan’s economy sinks into contraction as spending, investment decline 2023-11-14T05:00:00Z Data on Tuesday showed gross domestic product shrank 0.1% in July-September from the previous three months, pointing to a shallow recession, if a weak fourth quarter follows as early indicators suggest. Europe's problems are far bigger than a shallow recession 2023-11-14T05:00:00Z A Reuters survey earlier in November found that a majority of lawyers believe that Panama's top court would revoke First Quantum's contract for the mine, which contributes 5% to the company's gross domestic product. Canada's First Quantum cuts ore processing at Panama mine as protests block port 2023-11-13T05:00:00Z The goal is to help fund a slow consolidation of the public budget as the budget gap is expected to be nearly 7% of gross domestic product. New Slovak government eyes tax, spending hikes, slow deficit reduction 2023-11-13T05:00:00Z A Communist Party that built its popularity on double-digit growth in gross domestic product now faces an economy that grows at the same rate of any mature economy such as the U.S. Column: Once flush with Chinese tourism dollars, San Gabriel Valley searches for a new normal 2023-11-10T05:00:00Z South Carolina Sen. Tim Scott said he would achieve faster growth, even though former President Donald Trump pledged he could also boost gross domestic product gains and failed to do so. Live: 5 Republican candidates spar at debate, while Trump holds a rally nearby. Follow live updates 2023-11-08T05:00:00Z Still, China's October crude oil imports showed robust growth and its central bank governor said the world's second-biggest economy is expected to hit its gross domestic product growth target this year. Oil slides over 2% on demand worries, lowest settlement in 3 months 2023-11-08T05:00:00Z Still, China's October crude oil imports showed robust growth and its central bank governor said on Wednesday that the world's second-biggest economy is expected to hit its gross domestic product growth target this year. Oil sputters to 3-month lows as demand concerns mount 2023-11-08T05:00:00Z However, China's October crude oil imports showed robust growth and its central bank governor said on Wednesday that the world's second-biggest economy is expected to hit its gross domestic product growth target this year. Oil sputters near three-month lows as demand concerns mount 2023-11-08T05:00:00Z But also, countries with a lower gross domestic product, such as Greece, Croatia, Bulgaria, and Romania have great potential for food waste prevention. Food waste prevention in Europe can generate major footprint savings 2023-11-06T05:00:00Z Biden, who said he has traveled through the tunnel "thousands" of times, added that the region represents 20% of America's gross domestic product and hasn't seen a "major upgrade" for generations. Biden invests billions to modernize northeast US rail corridor 2023-11-06T05:00:00Z In the four years of Herbert Hoover’s presidency, U.S. gross domestic product plunged by an astonishing 41 percent. Right-wing fake history is making a big comeback — but it never went away 2023-11-04T04:00:00Z From July through September, the nation’s gross domestic product — the output of all goods and services — rose at a 4.9% annual pace, the fastest quarterly growth in more than two years. US jobs report for October could show solid hiring as Fed watches for signs of inflation pressures 2023-11-02T04:00:00Z All combined, the plan is estimated to boost Japan’s gross domestic product by about 1.2% on average, according to a government estimate. Japan’s prime minister announces $113 billion in stimulus spending 2023-11-02T04:00:00Z It is the largest private investment in Panama’s history and already creates roughly 3% of the country’s gross domestic product. Panama’s Assembly looks to revoke contract for Canadian mining company after public outcry 2023-11-01T04:00:00Z The canal’s board recently proposed building a new reservoir in the Indio River to bolster the water supply and increase traffic through the canal, which generates over 6 percent of Panama’s gross domestic product. Drought Saps the Panama Canal, Disrupting Global Trade 2023-11-01T04:00:00Z What good is an economic history that doesn’t discuss the economy as measured by gross domestic product? Right-wing fake history is making a big comeback — but it never went away 2023-11-04T04:00:00Z Preliminary data suggest gross domestic product was unchanged in September, Statistics Canada reported Tuesday. Canada’s economy is on track to enter a ‘technical’ recession 2023-10-31T04:00:00Z It is a painful one too, with gross domestic product in the 20 countries that share the euro expected to continue contracting in the final quarter. Euro zone inflation, growth slow as ECB hikes weigh 2023-10-31T04:00:00Z A 4.9% rise in U.S. gross domestic product in the third quarter further highlights the health of the consumer. From Amazon to McDonald's, strong earnings show U.S. consumer resilience 2023-10-30T04:00:00Z According to Bloomberg, the Grammy winner’s concert circuit — which catered to generations of music lovers and launched beaded friendship bracelets back into the spotlight — “added $4.3 billion to the country’s gross domestic product.” Taylor Swift reportedly just joined the billionaire's club, thanks to her Eras tour 2023-10-27T04:00:00Z In his first remarks on policy following third-quarter gross domestic product data, China's central bank governor Pan Gongsheng vowed to bolster the economic recovery, with a focus on expanding domestic demand while curbing financial risks. China's Sept industrial profits extend gains amid more signs of stabilisation 2023-10-27T04:00:00Z Thursday’s report on the nation’s gross domestic product — the economy’s total output of goods and services — showed that consumers drove the acceleration, ramping up their spending on everything from cars to restaurant meals. U.S. economy accelerated to a strong 4.9% rate last quarter as consumers shrugged off Fed rate hikes 2023-10-26T04:00:00Z In April, the IMF concluded that Egypt’s financing needs for the year were equal in size to 35% of its gross domestic product. Israel-Hamas war could threaten already fragile economies in Egypt, Lebanon and Jordan 2023-10-25T04:00:00Z The Commerce Department's advance estimate of third-quarter gross domestic product on Thursday is also expected to show residential investment rebounding after nine straight quarters of declines. US third-quarter economic growth seen fastest in nearly 2 years 2023-10-26T04:00:00Z Economists expect the government's snapshot of gross domestic product for the July-September quarter to show residential investment rebounding after contracting for nine straight quarters. US new home sales accelerate in September 2023-10-25T04:00:00Z Third-quarter gross domestic product, durable goods and personal consumption expenditure data scheduled for the rest of the week will also be in focus. S&P 500, Nasdaq dip as Alphabet slides 2023-10-25T04:00:00Z His platform includes raising the threshold for non-taxable income and lowering income tax and boosting to 23% the ratio of state revenue to gross domestic product. Indonesia's Prabowo registers in three-way presidential race 2023-10-25T04:00:00Z ET will also be monitored, with third-quarter gross domestic product, durable goods and personal consumption expenditure data scheduled for the rest of the week. Nasdaq, S&P 500 futures fall as Alphabet leads retreat in mega-cap stocks 2023-10-25T04:00:00Z In a rare move, China sharply lifted its 2023 budget deficit to around 3.8% of gross domestic product from an originally set 3% due to the rise in central government debt, according to state media. China's new bonds to help economic recovery, official says, as budget deficit rises 2023-10-25T04:00:00Z The analysis shows that humans have reached new extremes on 20 of these measurements, including global gross domestic product, fossil fuel subsidies, annual carbon pollution and glacier thinning. Earth’s Latest ‘Vital Signs’ Show the Planet Is in Crisis 2023-10-24T04:00:00Z It is unclear how persuasive these arguments will prove against the economic boon of a single mining site that already brings in 3% of the nation’s gross domestic product. Protesters march in Panama against the contract extension for a huge copper mine 2023-10-23T04:00:00Z In the three years after Mr. Trump’s cuts passed, receipts fell by about a percentage point of gross domestic product compared with the three years before the cuts. The Federal Deficit Is Growing. This Is Why. 2023-10-20T04:00:00Z Some studies suggest that metal corrosion in the United States has a cost of nearly $300 billion a year; more than three per cent of that country's gross domestic product. Preventing catastrophes with next-generation sensors 2023-10-18T04:00:00Z Data released on Wednesday showed that gross domestic product grew from July through September compared to the prior three months. China’s Economy Grew More Than Expected Over the Summer 2023-10-17T04:00:00Z Fed Governor Christopher Waller last week referred to a "booming" economy, with third-quarter gross domestic product growth possibly hitting a 4% annual rate. Fed's Powell faces 'what, me worry?' moment of spiking bond yields, war, political stalemate 2023-10-16T04:00:00Z Lloyd's modelled global economic losses of extreme weather events by estimating the impact of food and water shocks on global gross domestic product over a five-year period. Global economic losses from extreme weather could hit $5 trillion -Lloyd's 2023-10-11T04:00:00Z Consider the projections of gross domestic product issued in real time by two separate Federal Reserve Banks, based in Atlanta and New York. Column: The economy has been strong. Why are economists so eager to predict it will tank? 2023-10-10T04:00:00Z Economists expect trade would add at least a full percentage point to gross domestic product growth in the third quarter after being neutral in the April-June quarter. Low weekly jobless claims, shrinking trade deficit boost US economic picture 2023-10-05T04:00:00Z According to Alzheimer's News Today, the estimated global cost of these diseases is one percent of the global gross domestic product. Graphene oxide reduces the toxicity of Alzheimer's proteins 2023-10-04T04:00:00Z No, aid to Ukraine isn’t undermining the future of Social Security or making it impossible to secure our border or consuming 40% of America’s gross domestic product. Why MAGA wants to betray Ukraine | Paul Krugman 2023-10-03T04:00:00Z Analysts and diplomats have also said that Slovakia, with the euro zone's biggest budget deficit of nearly 7% of gross domestic product this year, badly needs EU's modernisation and recovery funds. Slovaks choose between pro-Russian ex-PM Fico and pro-Western liberals 2023-09-29T04:00:00Z After the release of the gross domestic product figures, money markets trimmed bets for a rate hike next month to a 29% chance from a 31% chance before. Canada's economy stalled in July as previous rate hikes took hold 2023-09-29T04:00:00Z A recent Goldman Sachs analysis showed that, at a macro level, government shutdowns have had minimal gross domestic product impact and the economy typically recovers quickly once it reopens. Investors fear US data disruption from looming government shutdown 2023-09-29T04:00:00Z The second-quarter expansion of the nation’s gross domestic product — its total output of goods and services — marked a modest deceleration from the economy’s 2.2% annual growth from January through March. U.S. gov’t estimates economy grew last quarter at a 2.1% rate, unchanged from previous projection 2023-09-28T04:00:00Z All eyes will be on the final gross domestic product estimate and weekly jobless claims - due at 8:30 a.m. Futures decline as soaring oil prices deepen inflation woes 2023-09-28T04:00:00Z Evergrande's total liabilities stand at more than $300 billion, roughly the size of Finland's gross domestic product, and the world's most indebted developer's troubles took a rapid turn for the worse this week. China Evergrande's billionaire boss goes from power circles to police surveillance 2023-09-27T04:00:00Z This week also brings other data including on durable goods and second-quarter gross domestic product, as well as remarks by Fed policymakers such as Chair Jerome Powell. Wall St pounded as investors grapple with higher rates 2023-09-26T04:00:00Z Through the week, data including on durable goods, the personal consumption expenditures price index for August, second-quarter gross domestic product, as well as remarks by Fed policymakers such as Chair Jerome Powell will be monitored. Futures drop as rate worries keep Treasury yields near recent peaks 2023-09-26T04:00:00Z Often described as the dean of American health economists, Fuchs spent more than five decades diagnosing the ills of the nation’s health system, which now accounts for 18% of gross domestic product. This week’s passages 2023-09-22T04:00:00Z S&P said the strikes, which began on Sept. 15, were highly likely to last several weeks, potentially cutting third-quarter U.S. gross domestic product by 0.4% and causing "upheaval" across global automotive supply chains. Exclusive: UAW to strike more GM, Stellantis plants, has made progress with Ford 2023-09-22T04:00:00Z S&P said the strikes, which began on Sept. 15, were highly likely to last several weeks, potentially cutting third-quarter U.S. gross domestic product by 0.39% and causing "upheaval" across global automotive supply chains. Detroit Three automakers enter final hours to avoid wider UAW strike 2023-09-22T04:00:00Z S&P said the strikes were highly likely to last several weeks, potentially cutting third-quarter U.S. gross domestic product by 0.39% and causing "upheaval" across global automotive supply chains. Detroit Three under pressure to progress UAW talks, avoid wider auto strikes 2023-09-21T04:00:00Z The central government's debt as a share of gross domestic product is just 21%, far lower than 76% for local governments, including their hidden debt. Analysis: China's economic woes embolden calls for deeper reforms 2023-09-21T04:00:00Z After expanding 3.3% last year, global gross domestic product growth is on course to slow to 3.0% this year, the Organisation for Economic Development said in the latest update of its forecasts for major economies. OECD raises 2023 global growth outlook, cuts 2024 2023-09-19T04:00:00Z The finance ministry said in a statement that spending on defence was expected to be more than 21% of gross domestic product. Ukraine plans big rise in defence spending in 2024 draft budget 2023-09-15T04:00:00Z "On the other hand, weakening global growth and lower commodity prices are expected to result in reduced exports," he said, keeping his 2023 current account deficit forecast at 0.4% of gross domestic product. Indonesia Aug trade surplus spikes to twice forecast as imports sink 2023-09-15T04:00:00Z But U.S. gross domestic product last quarter grew at a 2.1% annual rate, and economists at Goldman Sachs see that pace accelerating to more than 3% in the current third quarter. Rising energy prices deal end-of-summer surprise to Fed's inflation outlook 2023-09-14T04:00:00Z Private inventory investment declined in the second quarter, imposing a small drag on gross domestic product growth. U.S. business inventories unchanged in July 2023-09-14T04:00:00Z Japan's economy grew less than initially estimated in the second quarter, revised gross domestic product data showed last week, as both business and consumer spending shrank. Japan's weak machinery orders, other batch of soft data raise BOJ challenge 2023-09-14T04:00:00Z Japan's economy grew less than initially estimated in April-June, revised gross domestic product data showed last week, as both business and consumer spending shrank. Japan's weak machinery orders darken outlook, raise policy challenge 2023-09-14T04:00:00Z Even if it lasted a whole year, that metric would work out to a drag of less than 1% on national gross domestic product. Column: Why an auto workers strike should have your support 2023-09-13T04:00:00Z But U.S. gross domestic product last quarter grew faster than that, at a 2.1% annual rate, and economists at Goldman Sachs see that pace accelerating to more than 3% in the current third quarter. Fed gets an August inflation curveball to keep hikes alive 2023-09-13T04:00:00Z Sterling was roughly flat at $1.2497, after data showed the UK economy contracted in July at an unexpectedly sharp rate, as gross domestic product shrank 0.5% from June, below expectations for a 0.2% contraction. Dollar higher as CPI data keeps Fed expectations intact 2023-09-13T04:00:00Z Still, it represents an unprecedented waste of government cash, equivalent to the entire yearly gross domestic product of more than half of the countries on the globe. Fraudsters stole up to $135 billion in unemployment benefits during pandemic 2023-09-12T04:00:00Z Growth, both in gross domestic product and in jobs, has remained solid. On inflation, score one for optimists | Paul Krugman 2023-09-12T04:00:00Z China’s economy grew at a frail pace in the second quarter with gross domestic product expanding by just 0.8% from the previous quarter. JPMorgan CEO Jamie Dimon blasts draft capital rules 2023-09-11T04:00:00Z The auto industry accounts for about 3% of the U.S. economy’s gross domestic product — its total output of goods and services — and the Detroit automakers represent about half of the total U.S. car market. Why the United Auto Workers union is poised to strike major US car makers this week 2023-09-10T04:00:00Z Under Deng and his successors, gross domestic product rose at high rates for four decades as millions of Chinese were lifted out of poverty. China’s economic decline brings risks to both Washingtons 2023-09-08T04:00:00Z Goldman Sachs estimates that such a reduction would amount to a cut of 0.6% from the current U.S. gross domestic product. Analysis: Potential US government shutdown could dent investor confidence 2023-09-08T04:00:00Z Canada's gross domestic product unexpectedly shrank an annualized 0.2% in the second quarter, a sign the economy could have already entered a recession as higher rates sink in. Bank of Canada says interest rates may not be high enough 2023-09-07T04:00:00Z He added that the composition of growth in Turkey's gross domestic product growth was disinflationary. Turkey's Simsek says Erdogan support for economic programme 'full and tangible' 2023-09-07T04:00:00Z Tuesday's figures point to a 0.1% contraction in euro zone gross domestic product this quarter, S&P Global said. Global business activity showed signs of slowdown in August -PMIs 2023-09-05T04:00:00Z Data on Tuesday showed the Australian economy got a boost from net exports and government spending in the second quarter, greatly lessening the risk of a contraction in gross domestic product. Australia's RBA holds rates steady for 3rd month in Lowe's last meeting 2023-09-05T04:00:00Z The central bank, which has not released gross domestic product figures since 2019, did not respond to requests for comment. 'The boom is over': Venezuelans lament end of brief dollarization boost 2023-09-01T04:00:00Z The gross domestic product reading from national statistics bureau ISTAT, which cited weak domestic demand, compared with an initial reading of a 0.3% drop. Italy's economy shrinks in latest quarter, casting shadow over outlook 2023-09-01T04:00:00Z June gross domestic product declined 0.2% from May, in line with forecasts. Canada's economy unexpectedly shrinks in Q2 ahead of rate decision 2023-09-01T04:00:00Z ISTAT's preliminary estimate issued on July 31 had pointed to a 0.3% drop in gross domestic product, against analysts' forecasts of a flat reading. Italy's economy shrinks by 0.4% in Q2, casting shadow over outlook 2023-09-01T04:00:00Z The gross domestic product — the economy’s total output of goods and services — rose at a respectable 2.1% annual rate from April to June. US jobs report for August could point to a moderating pace of hiring as economy gradually slows 2023-08-31T04:00:00Z The capex data will be used to calculate revised gross domestic product figures due on Sept. 8. Japan capex growth slows amid fears of China's slowdown, tame consumption 2023-09-01T04:00:00Z Last month's solid increase put real consumer spending on a higher growth path at the start of the third quarter, prompting economists to raise their gross domestic product estimates. US consumer spending accelerates; declining savings a red flag 2023-08-31T04:00:00Z Real gross domestic product growth is likely to moderate to 6.3% in the current financial year from an estimated 6.9% in the last financial year, the World Bank said. India shows an impressive 7.8% economic growth in April-June quarter 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 Meanwhile, the U.S. government revised down its gross domestic product growth to 2.1% last quarter, from the 2.4% pace reported last month, and data released on Wednesday showed private payroll growth slowed significantly in August. Oil dips as China factory activity shrinks; market eyes US data 2023-08-31T04:00:00Z The government will provide another update on the nation’s gross domestic product later Wednesday. Stock market today: Asian shares boosted by Wall Street rise on consumer confidence and jobs 2023-08-29T04:00:00Z France is the world's most visited country for tourists, and tourism accounts for around 8% of French gross domestic product. France hoping tourism revenue to rise to 67 bln euros in 2023 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 Looking ahead, Canada's second-quarter gross domestic product report, due later in the week, is likely to show a sharp slowdown in domestic economic growth, a Reuters poll of economists showed. Miners, energy stocks lift TSX to two-week highs 2023-08-28T04:00:00Z A second read of U.S. gross domestic product is due on Wednesday, while core PCE and August non-farm payrolls arrive on Thursday and Friday, respectively. Powell signals no retreat, no surrender 2023-08-28T04:00:00Z But gross domestic product is still expanding at a pace well above what Fed officials regard as the non-inflationary growth rate of around 1.8%. Analysis: U.S. growth, a puzzle to policymakers, could pose global risks 2023-08-27T04:00:00Z The bank’s figure tracks with indications that U.S. gross domestic product growth picked up as the third quarter began. US economic activity picked up in July - Chicago Fed 2023-08-24T04:00:00Z "Even if the import suspension continues for one year, the effect of depressing Japan's gross domestic product is only 0.03%." China's ban on Japanese seafood has more political than economic heft 2023-08-24T04:00:00Z China has long sought BRICS' expansion, hoping that broader membership will lend clout to a grouping already home to about 40% of the world's population and a quarter of global gross domestic product. China's Xi calls for accelerated BRICS expansion 2023-08-23T04:00:00Z The central bank will have second-quarter gross domestic product data, due on Sept. 1, to take into account before the next rate announcement on Sept. 6. Canada June retail rise a notch on autos but trend is weak 2023-08-23T04:00:00Z China is a huge player in world trade, but it doesn’t buy much from the United States — only about $150 billion in 2022, less than 1% of our gross domestic product. How scary is China’s crisis? | Paul Krugman 2023-08-22T04:00:00Z Just this week alone, stellar retail sales, industrial output and housing starts numbers for July have forecasters scrambling to upgrade U.S. gross domestic product forecasts. Column: Good, bad and ugly in renewed bond rout: Mike Dolan 2023-08-18T04:00:00Z Nevertheless, the rise in industrial output bodes well for third-quarter gross domestic product. US housing starts surge in boost to economy 2023-08-16T04:00:00Z They also examined how water stress threatens economies, and estimated that about one-third of global gross domestic product may be “exposed to high water stress” by 2050. Colorado River Basin ranks among the world's most water-stressed regions, analysis finds 2023-08-16T04:00:00Z In a report on Tuesday, Moody's said the legislation is likely supporting growth in gross domestic product, productivity and innovation. One year on, Biden still needs to explain his signature clean energy legislation 2023-08-16T04:00:00Z The euro zone also announces preliminary second quarter gross domestic product figures, which are estimated to show meager growth of 0.2% and a decline in industrial production. Asian stocks slip as China data continues to disappoint 2023-08-16T04:00:00Z A fall-off in development aid has seen job opportunities and gross domestic product shrink and the U.N. estimates more than two-thirds of the population need humanitarian aid to survive. Taliban mark two years since return to power in Afghanistan 2023-08-15T04:00:00Z Real gross domestic product, which measures the sum value of a nation’s products and services, grew 1.5% in the fiscal first quarter for the world’s third largest economy, the Cabinet Office said Tuesday. Japanese economic growth surges on strong exports and tourism 2023-08-14T04:00:00Z Decades of miraculous growth had transformed a desperately poor nation into an economic superpower, with a gross domestic product that by some measures was larger than America’s. Why is China’s economy stumbling? | Paul Krugman 2023-08-13T04:00:00Z Nearly 9.8 million people, or about half the country’s electorate, are eligible to elect 245 assembly members in six states that contribute more than half of Malaysia’s gross domestic product. Voting begins as Malaysian leader Anwar seeks to shore up his rule in vital state elections 2023-08-11T04:00:00Z The country's current defence budget is about 1% of gross domestic product. Analysis: In New Zealand, defence and security become election issues amid China’s Pacific push 2023-08-10T04:00:00Z Private inventory investment was estimated to have made a small contribution to gross domestic product in the second quarter after being a major drag in the first three months of the year. US wholesale inventories revised lower in June 2023-08-08T04:00:00Z Trade was a small drag on gross domestic product in the second quarter after contributing to growth for four straight quarters. US trade deficit narrows in June as imports decline 2023-08-08T04:00:00Z It added that in terms of economic output, most Pacific countries - except Palau, Samoa and Solomon Islands - are projected to hit pre-pandemic gross domestic product levels by 2024. Public debt expected to fall in most Pacific countries -World Bank 2023-08-08T04:00:00Z Spain is heavily dependent on tourism, which accounts for 12% of gross domestic product. Spain says 37.5 million foreign tourists visited in the first half of 2023, up 24% from 2022 2023-08-02T04:00:00Z But in India, a country with a per capita annual gross domestic product of around $2,400, it’s a colossal fortune. 11 Women Pooled Money for a $3 Lottery Ticket. They Won $1.2 Million. 2023-08-01T04:00:00Z With the expansion, AWS will be available in 32 geographic regions, the company said, adding that its investment in Israel will contribute about $13.9 billion to Israel's gross domestic product. Amazon to invest $7.2 bln in Israel, launches AWS cloud region 2023-08-01T04:00:00Z Remittances amounted to 4 percent of the country’s gross domestic product in 2021. The Peso Is Strong and a Problem for Mexicans Working Abroad 2023-07-31T04:00:00Z The data was included in the advance estimate of second-quarter gross domestic product, which was published on Thursday. US annual inflation slows in June, consumer spending solid 2023-07-28T04:00:00Z New U.S. gross domestic product data on Thursday showed the path to a global pause is far from clear in an economy that continues to confound. Global central banks begin policy shift as inflation cools 2023-07-28T04:00:00Z Bhutan is famous for its Gross National Happiness index, an economic gauge that takes into account factors ignored by the conventional gross domestic product measures, such as recreation, emotional well-being and the environment. Bhutan's jobs woes drive an exodus to Australia 2023-07-28T04:00:00Z The data was included in the advance gross domestic product data for the second quarter published on Thursday, which showed business spending on equipment rebounding after contracting for two straight quarters. US core capital goods orders unexpectedly rise in June 2023-07-27T04:00:00Z Thursday’s estimate from the Commerce Department indicated that the gross domestic product — the economy’s total output of goods and services — picked up from the 2% growth rate in the January-March quarter. U.S. economy grew at a faster 2.4% rate in April-June quarter despite Fed rate hikes 2023-07-27T04:00:00Z Eastern, the Commerce Department will release gross domestic product data that’s expected to show the economy having grown by 2 percent. Warren and Graham Team Up to Take on Big Tech 2023-07-27T04:00:00Z 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 Commerce Department's snapshot of second-quarter gross domestic product on Thursday is also expected to show the housing market slump nearing an end. Moderate US economic growth expected in second quarter 2023-07-27T04:00:00Z The CBO said it expects rates to continue to rise, as well as slower growth in the gross domestic product for the rest of this year and unemployment reaching 4.7% by the end of 2024. Congressional Budget Office predicts slower economic growth and 4.7% unemployment into 2024 2023-07-26T04:00:00Z Cambodia, Myanmar, Bhutan and Laos are also likely to see large proportionate losses, amounting to 7%-13% of their gross domestic product, the report said. Asia-Pacific needs disaster warning systems to counter rising climate change risks, report says 2023-07-25T04:00:00Z The property sector, which accounts for about 25% of China's gross domestic product, is on a downward trend. China developer Country Garden shares extend losses on debt worries; others fall 2023-07-24T04:00:00Z The country’s gross domestic product was predicted to expand by 1.9 percent this year, a rate faster than that of most E.U. countries. Spain Votes on Sunday: Here’s What to Know 2023-07-23T04:00:00Z I’d add that there have been negative tidings from gross domestic income, an official government measurement that has sometimes recorded economic downturns in advance of the more familiar gross domestic product. The Markets Are Counting on the Fed to Solve a Tricky Puzzle 2023-07-21T04:00:00Z They are intended to complement traditional economic indicators such as gross domestic product, inflation and employment. Australia launches 'national wellbeing' dashboard to measure prosperity beyond GDP 2023-07-21T04:00:00Z The world's second biggest oil consumer this week posted disappointing growth in second-quarter gross domestic product, increasing the likelihood of the economy's missing the government's 5% annual growth target. Oil steady as weak Chinese economic data offsets gains from lower oil stocks 2023-07-21T04:00:00Z Government debt has risen to more 100 percent of gross domestic product for the first time since 1961, according to the latest data. As Sunak Makes His Case to Britons, the Economy Undermines It 2023-07-19T04:00:00Z The gross domestic product was 8 points short of its pre-pandemic level when the year began. Cuba still struggling to earn foreign currency 2023-07-18T04:00:00Z The markets have been acting as though that hefty series of rate increases is inconsequential, as far as gross domestic product, corporate earnings and the stock and bond markets go. The Markets Are Counting on the Fed to Solve a Tricky Puzzle 2023-07-21T04:00:00Z Britain announced earlier this year it would spend an extra 5 billion pounds on defence to take it to about 2.25% of gross domestic product this year and next, from about 2% previously. UK to spend $3 billion on munitions, stockpiles as Ukraine war drains reserves 2023-07-17T04:00:00Z China is due to release due to release second quarter gross domestic product data at 0200 GMT. China rolls over medium-term policy loans, rate unchanged 2023-07-17T04:00:00Z The allies pledged to spend at least 2% of their gross domestic product on their national military budgets, and least 20% of that amount on new military equipment, research and development. Mixed news for Ukraine, hope for Sweden and a response to Russia in NATO summit wrap-up 2023-07-12T04:00:00Z The U.S. currently has a ratio of debt to gross domestic product of about 120%. ‘Bidenomics’ equals stagflation, bleak American future 2023-07-11T04:00:00Z This rapid turnaround of the past six months will extend the surprising strength we’ve been seeing in the economy as renewed building activity starts to flow into the gross domestic product data. Squeezed homebuyers are just what the economy needed | Commentary 2023-07-09T04:00:00Z They also noted that while gross domestic product, the traditional measure of economic growth, was solid in the January-March quarter, an alternative gauge, gross domestic income, has contracted for two straight quarters. Slower, still strong US job growth expected in June 2023-07-07T04:00:00Z The company says it delivers the equivalent of about 6% of nation’s gross domestic product. Stalemate: UPS, Teamsters contract talks break down with each side blaming the other 2023-07-05T04:00:00Z Scholz’s three-party coalition is returning this year to compliance with Germany’s so-called debt brake, which allows new borrowing to the tune of only 0.35% of annual gross domestic product. German Cabinet approves a lower 2024 budget as it eyes a return to financial ‘normality’ 2023-07-05T04:00:00Z President Vladimir Putin said late on Tuesday that the Russian economy was performing better than expected after Prime Minister Mikhail Mishustin reported to him that gross domestic product growth and inflation have been surprisingly positive. Dollar steady before Fed minutes; yen hovers below intervention zone 2023-07-05T04:00:00Z President Vladimir Putin said late on Tuesday that the Russian economy was performing better than expected after Prime Minister Mikhail Mishustin reported to him that gross domestic product growth and inflation have been surprisingly positive. China's services activity softens as recovery falters - Caixin PMI 2023-07-05T04:00:00Z President Vladimir Putin said late on Tuesday that the Russian economy was performing better than expected after Prime Minister Mikhail Mishustin reported to him that gross domestic product growth and inflation have been surprisingly positive. Japan's service activity maintains firm pace as demand picks up - PMI 2023-07-05T04:00:00Z Upbeat May data including job growth, housing starts and orders for long-lasting manufactured goods have led economists to expect that second-quarter gross domestic product growth would be close to the first-quarter pace. US consumer spending edges up in May; inflation still high 2023-06-30T04:00:00Z Tourism, a key driver of Portugal's economy, accounted for almost 15% of gross domestic product before the pandemic. Foreign tourism to Portugal sets new record in May, helped by US visitors 2023-06-30T04:00:00Z The number of Americans filing new claims for unemployment benefits unexpectedly fell last week, data on Thursday showed, while the Commerce Department the same day raised its estimate of first-quarter gross domestic product. Yen weakens past key 145 per dollar level; yuan falls after China PMI data 2023-06-30T04:00:00Z For 2023, the CBO projects that debt, measured as a percentage of the gross domestic product, this year will be 2 percentage points higher compared the estimate in last year’s long-term budget impact report. US public debt is projected to reach 181% of American economic activity in 30 years 2023-06-28T04:00:00Z These feed into the calculation of equipment spending in the gross domestic product measurement. US consumer confidence races to 17-month high; housing market regaining strength 2023-06-27T04:00:00Z President Ferdinand Marcos Jr, who is also the agriculture minister, has vowed to undertake reforms to improve productivity of the sector, which in recent years accounted for about a tenth of gross domestic product. Philippines agrees $1.14 bln loans with World Bank for environment, farming 2023-06-26T04:00:00Z “Not many people appreciated how painful the crisis was — we lost 25 percent of our” gross domestic product. Greek Youths, Shaped by Debt Crisis, Plan to Vote for Stability 2023-06-24T04:00:00Z Remittances amounted to some 20% of Guatemala’s gross domestic product last year and are expected to reach a record $20 billion this year. Guatemalans are fed up with corruption ahead of an election that may draw many protest votes 2023-06-23T04:00:00Z The World Bank estimates Ukraine's reconstruction will cost more than $400 billion, three times the country's gross domestic product. EU to unveil 50 bln euro aid package for Ukraine - sources 2023-06-20T04:00:00Z Several global investment banks cut their 2023 gross domestic product growth forecasts for China after May data showed the recovery was faltering. China cuts lending benchmarks for first time in 10 months to support economy 2023-06-20T04:00:00Z Several global investment banks cut their 2023 gross domestic product growth forecasts for China after May data showed the post-COVID recovery was faltering. China seen cutting key lending benchmarks as economy slows 2023-06-19T04:00:00Z The U.S. investment bank lowered its full-year real gross domestic product growth forecast for the world's second biggest economy from 6% to 5.4%, according to a note published late on Sunday. Goldman Sachs cuts China growth forecast as property slowdown bites 2023-06-19T04:00:00Z A number of major banks have cut their 2023 gross domestic product growth forecasts for China after May data last week showed the post-COVID recovery in the world's second-largest economy was faltering. Oil prices come off earlier gains as banks cut China growth forecasts 2023-06-19T04:00:00Z The World Bank estimates Ukraine's reconstruction will cost $411 billion, three times the country's gross domestic product. Ukraine targets initial $40 bln for 'Green Marshall Plan' 2023-06-18T04:00:00Z The coalition also committed to keep Finland’s military spending in line with NATO’s goal of at least 2 percent of gross domestic product and to promote membership in the alliance for both Sweden and Ukraine. Conservatives Poised to Lead Finland in Coalition with Hard Right 2023-06-16T04:00:00Z The rebound in inventories, a key component of gross domestic product, was in line with economists' expectations. U.S. business inventories rebound in April 2023-06-15T04:00:00Z Romania holds presidential, general, local and European elections in 2024, when it must bring its budget deficit back below the bloc's ceiling of 3% of gross domestic product. Romanian lawmakers back new coalition government 2023-06-15T04:00:00Z But with China's debt burden nearly three times its gross domestic product, there will be limited scope to spur infrastructure spending, a playbook Beijing has used to counter economic downturns since the 2008-09 crisis. China eyes support for consumer, private sectors as growth falters 2023-06-15T04:00:00Z Tourism, a key driver of Portugal's economy, accounted for almost 15% of gross domestic product before the pandemic and has boomed again since the beginning of this year. Portuguese airports see record passenger numbers as tourists return 2023-06-14T04:00:00Z The government also resisted calls for Germany’s military spending to go above the NATO-wide goal of 2% of gross domestic product. German government presents 1st national security strategy to address growing threats 2023-06-14T04:00:00Z The increase in Japan’s gross domestic product for January to March was revised sharply upward last week, to an annual rate of 2.7 percent from an initial reading of 1.6 percent. Investors Are Putting Big Money Into Japan Again. Here’s Why. 2023-06-14T04:00:00Z The government is under pressure to bring its fiscal deficit below the European Union's 3% of gross domestic product threshold by next year, but cannot agree on the best way to achieve that. Buffer party quits Romania's government coalition in row over cabinet posts 2023-06-14T04:00:00Z The EU state holds presidential, general, local and European elections in 2024, when it must bring its budget deficit back below the European bloc's ceiling of 3% of gross domestic product. Romanian president taps new premier to form government in agreed power swap 2023-06-13T04:00:00Z The EU-Mercosur trade agreement is meant to link two markets with a total population of around 800 million people and accounting for about a fourth of the world’s gross domestic product. EU Commission chief talks with Brazil’s president about stalled trade deal 2023-06-12T04:00:00Z Reports on jobs, inflation and gross domestic product are due out ahead of the next policy announcement on July 12. Canada's May unemployment rate rises for first time in nine months to 5.2% 2023-06-09T04:00:00Z China has predicted that its economy will recover from one of the slowest years of growth in decades last year and that gross domestic product will grow at around 5 percent in 2023. China, Its Economy Flagging, Prods Consumers to Save Less and Spend More 2023-06-09T04:00:00Z The World Bank said that real global gross domestic product is set to climb 2.1% this year, in its latest Global Economic Prospects report. Man Group CEO says central banks have made little difference to inflation 2023-06-07T04:00:00Z Trade made no contribution to the economy's 1.3% annualized growth rate in the first quarter after adding to gross domestic product for three straight quarters. U.S. trade deficit widens sharply in April 2023-06-07T04:00:00Z Expectations of a follow-up hike in July cushioned the Aussie from the weak Chinese trade numbers and Australia’s own below-forecast first-quarter gross domestic product data. Marketmind: China disappoints again, fanning speculation on stimulus 2023-06-07T04:00:00Z Following are seasonally adjusted figures for gross domestic product, in percent. Canada's economy up 3.1% in Q1, April GDP likely up 0.2% 2023-05-31T04:00:00Z China’s second-quarter gross domestic product figures are expected to be announced next month. China, Its Economy Flagging, Prods Consumers to Save Less and Spend More 2023-06-09T04:00:00Z By contrast, discretionary spending was 6.5% of gross domestic product last year and was already projected to fall to 6% within 10 years. Debt limit deal is in place, but budget deficit is still a multi-decade challenge for US government 2023-05-30T04:00:00Z At a little under $32 trillion, it's over 120% of gross domestic product, which is considered unsustainably high and is costing well over half a trillion dollars in annual interest payments. Expert: Here's what House Republicans got in return for pushing the US to the brink of default 2023-05-30T04:00:00Z The government has an ambition to reach NATO’s target of spending 2% of gross domestic product on military budgets by 2030, in part as a response to Russia’s invasion of Ukraine. Danish government wants to spend $20.6 billion on defense over 10 years 2023-05-30T04:00:00Z Large numbers of Philippine citizens work overseas, with around 10% of its gross domestic product coming from remittances. Kuwait suspends new visas for Philippines workers in rights row 2023-05-26T04:00:00Z “Looking ahead, we doubt that gross domestic product will continue to fall in coming quarters, but we see no strong recovery either,” said Claus Vistesen, chief economist for the eurozone at Pantheon Macroeconomics. Weakening German Economy Slips Into a Recession 2023-05-25T04:00:00Z 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 Data released Thursday by the Federal Statistical Office shows Germany’s gross domestic product, or GDP, down by 0.3% in the period from January to March. Germany’s GDP shrinks by 0.3% in first quarter to put Europe’s biggest economy into recession 2023-05-25T04:00:00Z The Congressional Budget Office estimates that total spending averaged just under 21 percent of gross domestic product from 1980 through 2019, just before the pandemic hit. Potential Debt Ceiling Deal Would Barely Change Federal Spending Path 2023-05-24T04:00:00Z Discretionary spending as a share of U.S. gross domestic product peaked in the late 1970s, and cuts have served as the backbone for several landmark budget deals since the 1980s. Explainer: US debt ceiling focus on 'discretionary spending' means cuts ahead 2023-05-24T04:00:00Z It could increase annual global gross domestic product by 7 percent. Who Will Protect the Workers Losing Jobs to A.I.? 2023-05-23T04:00:00Z In March, a government assessment put the damage at $103 billion, or about 9 percent of this year’s gross domestic product. For the Winner in Turkey, One Prize Is an Economy at the Edge of Crisis 2023-05-23T04:00:00Z Back then, the federal debt was about 95 percent of the nation’s gross domestic product. Even Flirting With U.S. Default Takes Economic Toll 2023-05-20T04:00:00Z The economic impact, relative to gross domestic product, has been felt more in developing countries, WMO says. UN agency: 2M killed, $4.3 trillion in damages from extreme weather over past half-century 2023-05-22T04:00:00Z The government is under pressure to bring its fiscal deficit below the European Union's threshold of 3% of gross domestic product by next year. Romanian teachers strike over low pay 2023-05-22T04:00:00Z In Greece, tourism accounts for no less than one-fifth of gross domestic product. Pent-up demand promises record tourist season for southern Europe 2023-05-19T04:00:00Z Costs included premature death, lost work productivity, and excess spending for medical care, amounting to 2.2% of gross domestic product. News at a glance: An ancient Mars river, blood screening rules, and sex-research funds blocked 2023-05-17T04:00:00Z In India, where more than 80% of the population doesn’t yet have access to air conditioning, per capita gross domestic product — adjusted for purchasing power — will top $9,000 this year for the first time. A billion new air conditioners will save lives but cook the planet 2023-05-17T04:00:00Z Real gross domestic product, which measures the sum value of a nation’s products and services, grew 0.4% in January-March on-quarter in the world’s third largest economy, the government Cabinet Office said. Japan’s economy rebounds on healthy consumption as COVID restrictions ease, tourists arrive 2023-05-16T04:00:00Z An estimate from the Commerce Department last month showed that the nation’s gross domestic product — the broadest gauge of economic output — weakened after growing 3.2% from July through September and 2.6% from October through December. Home Depot, after years of explosive growth, cuts its outlook as Americans cool spending on homes 2023-05-16T04:00:00Z British finance minister Jeremy Hunt said on Saturday it would be "absolutely devastating" if the United States failed to reach agreement to raise its debt ceiling and had its gross domestic product "knocked off track". Asylum-seekers from Mexico hope for U.S. entry after Title 42 end 2023-05-13T04:00:00Z Without any more changes, the government’s debt this year will reach 98% of gross domestic product. Feds to run $1.5 trillion deficit this year, and it could get even worse, says CBO 2023-05-12T04:00:00Z As of this past year it was 5.4% of gross domestic product. Playing chicken on federal default risks a world economy fried 2023-05-12T04:00:00Z Although gross domestic product data provides a useful overview of how the economy is performing as a whole, it masks the different experiences of households and businesses. Britain’s Economy Continues to Grow Slowly 2023-05-12T04:00:00Z Investor focus will turn to a slew of economic data out of Europe, with British gross domestic product data showcasing the state of economy and likely influencing sterling's fate. Morning Bid: Markets get twitchy as debt ceiling, growth fears weigh 2023-05-12T04:00:00Z Local governments collect 3 percent of the country’s gross domestic product each year through these taxes and spend much of it to pay for public schools. The Elusive Fix for China’s Budget Crisis 2023-05-10T04:00:00Z The plan will double defence spending to around 2% of gross domestic product. Mitsubishi Heavy expects record defence orders as Japan builds up its forces 2023-05-10T04:00:00Z Gallup pointed out that the rate hikes have threatened to plunge the country into a recession and that economic growth slowed to 1.1% in the first quarter gross domestic product report. Gallup: Confidence in Biden, other leaders to fix economy hits historic lows 2023-05-09T04:00:00Z Mr. Erdogan’s critics note that Turkey’s gross domestic product began declining about a decade ago, and annual inflation, which surpassed 80 percent last year, has left many Turks feeling poorer. As Turkish Vote Looms, Erdogan Loyalists Can’t Imagine Anyone Else in Charge 2023-05-09T04:00:00Z Lithium revenue accounted for nearly 2 percent of Chile's annual gross domestic product last year. Chile’s national lithium strategy raises questions about the environmental and social costs of EVs 2023-05-09T04:00:00Z Indeed, the soft 1.1% annualized growth rate in U.S. gross domestic product logged in the first quarter was already seen as the likely high-water mark for the year. How a US debt crisis standoff could cause a recession - a bad one 2023-05-03T04:00:00Z The law also abandons a goal, backed in previous legislation, of spending 1% of Mexico’s gross domestic product on research. In frenzied vote, Mexico's lawmakers pass controversial science reform bill 2023-05-01T04:00:00Z Shipments of these so-called core capital goods, which are used to calculate business equipment spending in the gross domestic product report, dropped 0.5% instead of 0.4% as previously reported. US factory orders rebound on aircraft in March 2023-05-02T04:00:00Z Bloomberg Economics estimates that closing the gap between women’s and men’s participation would increase India’s gross domestic product by more than 30 percent over the next three decades. Opinion | India’s economy is surging thanks to these three revolutions 2023-04-28T04:00:00Z The impact on the city’s budget is significant, too: Office-based industries account for nearly three quarters of the city’s gross domestic product. In San Francisco, a Troubled Year at a Whole Foods Market Reflects a City’s Woes 2023-04-30T04:00:00Z Data released Thursday showed that gross domestic product, adjusted for inflation, increased at an annual rate of just 1.1 percent in the first quarter. Should uninsured deposits get a warning label? 2023-04-29T04:00:00Z That is well more than New Zealand’s 2021 gross domestic product and just under that of Qatar, according to the CIA World Factbook. Perspective | Uncle Sam lost $247 billion to improper payments in 2022, auditors say 2023-04-28T04:00:00Z Meanwhile, data on Thursday showed an acceleration in consumer spending in the first quarter as U.S. gross domestic product increased at a 1.1% annualized rate. Wall St Week Ahead Recession worries simmer beneath US stock market rally 2023-04-28T04:00:00Z The Treasury calculates that a 33% increase in migrants would reduce Rome's massive debt as a proportion of gross domestic product by more than 30 percentage points by 2070 compared to a baseline scenario. Skilled, educated and washing dishes: how Italy squanders migrant talent 2023-04-28T04:00:00Z The latest report on gross domestic product on Thursday showed a slowing economy in which businesses have already cut back sharply on spending in the face of high uncertainty. Opinion | It’s time for Biden to call McCarthy. A lot. 2023-04-27T04:00:00Z Consumer spending, which makes up about 70 percent of the economy, helped lift the latest gross domestic product reading. U.S. economy grew at 1.1% in early 2023, points to ‘significant slowing’ 2023-04-27T04:00:00Z The data came after first-quarter gross domestic product figures released earlier this week, which showed the South Korean economy barely averted a recession by posting slim growth. South Korea March factory output jumps by most in nearly three years 2023-04-28T04:00:00Z Thursday’s estimate from the Commerce Department showed that the nation’s gross domestic product — the broadest gauge of economic output — weakened after growing 3.2% from July through September and 2.6% from October through November. U.S. economy grew at weak 1.1% rate in Q1 in sign of slowdown 2023-04-27T04:00:00Z Forecasters have predicted that the gross domestic product - the broadest measure of economic output — grew at a 1.9% annual rate from January through March, according to a survey by the data firm FactSet. U.S. economic growth likely slowed in January-March quarter 2023-04-27T04:00:00Z Forecasters have predicted that the gross domestic product — the broadest measure of economic output — grew at a 1.9% annual rate from January through March, according to a survey by the data firm FactSet. US economic growth likely slowed in January-March quarter 2023-04-26T04:00:00Z The tepid gross domestic product figures released Thursday — which came in significantly lower than the 1.9 percent of annual growth analysts expected — has only added to the gloom. U.S. economy grew at 1.1% in early 2023, points to ‘significant slowing’ 2023-04-27T04:00:00Z The Commerce Department's advance first-quarter gross domestic product report on Thursday will probably show the economy nowhere near a recession. Strong US consumer spending seen driving economy in first quarter 2023-04-27T04:00:00Z Countries must aim to keep their government deficit near to or below 3% of gross domestic product, and their public debt below 60% of GDP. EU launches overhaul of euro rules as pandemic and war bite 2023-04-26T04:00:00Z He also warned that the adoption of the GOP proposal could carry its own adverse effects, potentially reducing gross domestic product by 0.65 percent by the end of the fourth quarter of 2024. GOP readies debt ceiling vote as Wall Street braces for costly standoff 2023-04-25T04:00:00Z That is roughly the same as the value of all the goods and services produced in the UK in a year, known as the gross domestic product, or GDP. How much money is the UK government borrowing, and does it matter? 2023-04-25T04:00:00Z The standard measure of a nation’s economic performance is per capita gross domestic product — the value of the economy’s output divided by the size of the population. How Strong Is the Economy? 2023-04-24T04:00:00Z The International Monetary Fund forecasts a 0.1% decline in gross domestic product for Germany this year. China boosts German business optimism, but challenges ahead 2023-04-24T04:00:00Z Back in 1990, for example, America’s gross domestic product per capita was nearly neck and neck with that of Europe and Japan. The power of American capitalism | David Brooks 2023-04-23T04:00:00Z The degrowth movement, a segment of the environmentalism movement, holds that economic growth is no longer benefiting humanity and that fighting climate change requires untethering from a focus on gross domestic product. Do You Even Decarbonize, Bro? 2023-04-22T04:00:00Z The last survey already points to a drop in business investment later this year, and "the risks continue to be weighted towards a larger hit to gross domestic product," he said. Fed tilts toward rate hike, with a possible pause in view as lending slows 2023-04-21T04:00:00Z The countries that take part in the forum account for about 80% of the world's greenhouse gas emissions and global gross domestic product, according to the White House. In meeting with big economies, Biden to announce funds to fight climate change 2023-04-20T04:00:00Z Economists say that it is natural for currently high inflation to reduce debt as a share of nominal gross domestic product because it boosts the prices used to calculate GDP, automatically lowering the ratio. France sees debt burden easing, but interest costs surging 2023-04-20T04:00:00Z It notes that the military budget has been below 1.4 percent of gross domestic product for 26 years. Trudeau told NATO that Canada will never meet spending goal, Discord leak shows 2023-04-19T04:00:00Z The framework has 13 members, including the U.S., that account for 40% of global gross domestic product: Australia, Brunei, India, Indonesia, Japan, South Korea, Malaysia, New Zealand, the Philippines, Singapore, Thailand and Vietnam. US trade rep seeks close economic security ties in Asia 2023-04-19T04:00:00Z Tuesday’s report on gross domestic product indicates that China, the world’s second-largest economy, is coming back to life. With ‘Zero Covid’ Behind It, China’s Economy Starts to Recover 2023-04-17T04:00:00Z The remittances account for about 30% of the total gross domestic product of Kyrgyzstan, sandwiched among China and fellow onetime Soviet republics Tajikistan, Kazakhstan and Uzbekistan. They found work in Russia. Then it became a deadly trap 2023-04-18T04:00:00Z House Republicans now say they are looking at indexing the limit to gross domestic product. Republican U.S. House Speaker McCarthy to pitch spending cuts on Wall St 2023-04-17T04:00:00Z Chinese data on retail sales, industrial output and gross domestic product are due on Tuesday, and analysts suspect the risks are for an upside surprise given recent strength in trade. Asia stocks on edge for earnings, China data 2023-04-17T04:00:00Z Even without Biden's proposed changes, official Medicare spending projections rise rapidly through the mid-2030s and then plateau as a percentage of gross domestic product. Medicare taxes are projected to increase. Here's why 2023-04-16T04:00:00Z “Peace and economic opportunity go together, and 25 years since the Good Friday Agreement, Northern Ireland’s gross domestic product has literally doubled,” Biden said. In Belfast, Biden marks Good Friday accord despite Irish tensions 2023-04-12T04:00:00Z On Tuesday the IMF upgraded its outlook for Britain's economy but still expects British gross domestic product to contract more this year than in any other major Western economy. UK confirms further $500 mln in loan guarantees for Ukraine 2023-04-12T04:00:00Z America’s gross domestic product - the economy’s total output of goods and services - expanded at a healthy pace in second half of 2022. U.S. adds 236,000 jobs, suggests solid footing despite rate hikes 2023-04-07T04:00:00Z Financial losses in such a scenario could reach 7 percent of global gross domestic product, roughly equivalent to the combined output of Germany and Japan, Georgieva said. Global economy faces weakest growth patch since 1990, IMF chief warns 2023-04-06T04:00:00Z They predicted that gross domestic product will increase by 0.3%, compared with their forecast last fall that it would shrink by 0.4%. German factory orders up strongly, add to promising signals 2023-04-05T04:00:00Z Italy, for example, has experienced a generation of economic stagnation, with basically no growth in real gross domestic product per capita since 2000, compared with a 29% rise here. Color-code U.S. life expectancy red or blue | Paul Krugman 2023-04-04T04:00:00Z Israel’s $500 billion gross domestic product makes it a modest global player. No place to hide for global investors facing mounting political risks 2023-04-03T04:00:00Z Italian gross domestic product is now expected to grow by almost 1% this year, up from the 0.6% target set in November, the sources said. Italy sees 2023 deficit on target despite higher rates, Eurostat setback - sources 2023-04-03T04:00:00Z The neutral, prosperous country of about 8.5 million people enjoys the highest gross domestic product per capita of any country its size. Credit Suisse takeover hits heart of Swiss banking, identity 2023-03-31T04:00:00Z Meanwhile, he sees U.S. gross domestic product growing modestly this year and then faster in 2024, with the jobless rate, now at 3.6%, moving up to around 4.5% over the next year. Fed's Williams says financial conditions key to rate policy outlook 2023-03-31T04:00:00Z The rise in the gross domestic product — the economy’s total output of goods and services — for the October-December quarter was down from the 3.2% growth rate from July through September. US revises down last quarter’s economic growth to 2.6% rate 2023-03-30T04:00:00Z Final estimates for quarterly U.S. economic growth are expected to confirm gross domestic product likely remained unchanged at 2.7% in the fourth quarter. Futures rise as bank fears ebb, focus shifts to key inflation data 2023-03-30T04:00:00Z It ranked fifth in the world in terms of total premiums as a percentage of gross domestic product. South African catastrophes, power woes signal end of cheap insurance 2023-03-30T04:00:00Z China's huge and rising local government debt, totalling $9 trillion, or about half the nation's gross domestic product, is one of the biggest threats to fostering sustainable growth in the world's second largest economy. Analysis: Hiring spree by China's debt-laden local governments fuel fiscal fears 2023-03-30T04:00:00Z Government spending accounted for just 20.5% of U.S. gross domestic product a decade ago, according to the White House Office of Management and Budget. Poll: Cut federal spending — but not big-ticket programs 2023-03-28T04:00:00Z The researchers also found that a state’s mandate propensity had no bearing on the health of its economy, as measured by its gross domestic product. When it comes to preventing COVID-19 deaths, 'how we feel about each other matters' 2023-03-27T04:00:00Z By 2008, the value of world trade topped 60 percent of global gross domestic product, up from about one-third in 1979, according to the World Bank. Latest crisis to hit U.S. economy illustrates the costs of complacency 2023-03-26T04:00:00Z The Indo-Pacific holds 60 percent of Earth’s population, covers two-thirds of the planet and accounts for around 65 percent of global gross domestic product. An Anxious Asia Arms for a War It Hopes to Prevent 2023-03-25T04:00:00Z The bank said inflation was “above the range the SNB equates with price stability” and that economic growth is expected to be modest this year, forecasting a 1% increase in gross domestic product. Credit Suisse deal averted crisis, Swiss central bank says 2023-03-23T04:00:00Z The Bank of England no longer expects a recession this year, with two consecutive quarters of economic contraction, because it predicts Britain’s gross domestic product to increase “slightly” in the second quarter. Bank of England Raises Rates Again as Inflation Persists 2023-03-23T04:00:00Z Fed economic projections point to serious weakness in economic growth this year, with gross domestic product rising by only 0.4%, even weaker than the 0.5% projection the central bank offered in December. Column: The Fed's anti-inflation work is almost done, with an assist from the banking crisis 2023-03-22T04:00:00Z As it is, the World Bank said, Russia’s invasion has undone 15 years of economic progress in Ukraine, cutting Ukraine’s gross domestic product by 29% and pushing 1.7 million Ukrainians into poverty. World Bank puts cost of rebuilding Ukraine at $411 billion 2023-03-22T04:00:00Z Instead, Russian gross domestic product fell by just 2.2 percent last year and is expected to grow faster than Germany this year, according to the International Monetary Fund. U.S. could sanction Chinese firms if Beijing sends arms to Russia 2023-03-21T04:00:00Z Ukraine's gross domestic product fell by about 30% last year, critical infrastructure has suffered heavy damage, cities have been ruined and millions of Ukrainians have fled abroad. Ukraine amends 2023 budget to channel more funds for defence 2023-03-21T04:00:00Z The banks, two of the most systemically relevant in global finance, hold combined assets of up to 140% of Swiss gross domestic product in a country heavily dependent on finance for its economy. Analysis: UBS swallows Credit Suisse, casting shadow over Switzerland 2023-03-20T04:00:00Z Already, France spends nearly 15 percent of its gross domestic product on pensions. Opinion | Despite protests, Macron-style reforms are needed — and not only in France 2023-03-17T04:00:00Z Economists polled by Reuters had expected inventories, a key component of gross domestic product, would be unchanged. U.S. business inventories fall for first time in nearly two years 2023-03-15T04:00:00Z The European Commission expects Sweden's gross domestic product to contract by around 1% this year - the only country in the 27-member bloc likely to see negative annual growth. Analysis: Sweden faces recession as housing market troubles take toll on economy 2023-03-15T04:00:00Z Given Mr. Hunt’s commitment to reducing Britain’s debt as a share of its gross domestic product, economists do not believe he has much room to make big changes to taxes and spending. The British Government Is Issuing a Call to Work 2023-03-15T04:00:00Z While the U.S. has provided the majority of the aid, European countries have made substantial contributions, with several giving Ukraine far more than the U.S. in terms of a percentage of their gross domestic product. Divide on Ukraine support emerges in early 2024 GOP field 2023-03-14T04:00:00Z While the number seems astronomically high, it is only about 3% of the country’s gross domestic product. Defense budget speeds toward $1 trillion, with China in mind 2023-03-13T04:00:00Z He also outlined an "aspiration" to increase defence spending to 2.5% of gross domestic product in the longer term. Russia and China threaten to create global 'danger and disorder', says UK's Sunak 2023-03-13T04:00:00Z The inflation rate in January actually rose, while an Atlanta Fed real-time projection as of March 8 showed gross domestic product expanding at a 2.6% annual rate, well above the economy's roughly 2% underlying potential. Financial tremors now muddying Fed inflation debate 2023-03-13T04:00:00Z Sunak said the U.K. would increase military spending to 2.5% of gross domestic product “in the longer term,” but did not set a date. UK boosts defense spending in response to Russia and China 2023-03-13T04:00:00Z Bogged down in a war against an adversary with a third of its population and a tenth of its gross domestic product, Russia is hardly the formidable military power it bragged of being. Opinion | For China, arming Russia would be folly 2023-03-12T05:00:00Z It employs thousands and accounts directly and indirectly for some 3% of Panama’s gross domestic product. Panama reaches 20-year deal with Canadian copper mine 2023-03-08T05:00:00Z The administration expected gross domestic product to grow 4.2 percent after adjusting for inflation, for instance, but it ultimately climbed by a more modest 2.1 percent. Biden’s $6.8 Trillion Budget Proposes New Social Programs and Higher Taxes 2023-03-09T05:00:00Z After Estonia, Latvia spends the largest share of its gross domestic product in aid to Ukraine, according to an analysis by the Kiel Institute for the World Economy, a Germany-based research institute. Latvia is sending cars seized from drunken drivers to Ukraine. 2023-03-09T05:00:00Z Canada spends far less than 2% of annual gross domestic product on defense, which is the level the North Atlantic Treaty Organization says each member should invest annually. Canada to fast-track procurement of defense equipment for Latvia deployment 2023-03-09T05:00:00Z The publicly held debt — it reflects the cumulative impact of yearly deficits — would be equal to 118% of U.S. gross domestic product, up from 98% this year. Biden budget seeks big deficit cuts in challenge to GOP 2023-03-08T05:00:00Z In 2014, after Vladimir Putin’s annexation of Crimea, the North Atlantic Treaty Organization pledged that its member states would annually commit a minimum of 2 percent of gross domestic product on defense spending. Opinion | Europe is finally starting to face its threats. It should do more. 2023-03-08T05:00:00Z The tax reform would generate, by a "conservative" estimate, a 12% increase in gross domestic product over 15 years, an 11% increase in exports and 20% growth in investments, he told federal lawmakers. Brazil tax reform seen boosting long-term economic growth, official says 2023-03-08T05:00:00Z The tax reform aimed to ultimately collect up to 3.6% of gross domestic product and proposed a mining royalty, which is also being discussed separately. Chilean lawmakers shelve government tax reform in defeat to Boric 2023-03-08T05:00:00Z Inventories are a key part gross domestic product. US wholesale inventories unrevised in January 2023-03-07T05:00:00Z The auction results could affect the New Zealand dollar as the dairy sector generates more than 7% of the nation's gross domestic product. Dairy prices, volumes fall at auction - GDT events 2023-03-07T05:00:00Z Shipments of these so-called core capital goods, which are used to calculate business equipment spending in the gross domestic product report, increased 1.1% as previously reported. US factory orders fall in January on civilian aircraft demand 2023-03-06T05:00:00Z On Monday, base metal and crude oil prices were in the red as China, over the weekend set a lower-than-expected gross domestic product target of 5%. TSX set to open lower as commodity prices weigh 2023-03-06T05:00:00Z And the budget office expects cumulative gross domestic product over the next decade to be more than $300 trillion. The promise and peril of Biden’s climate policy 2023-03-05T05:00:00Z China's defence spending as a share of gross domestic product has been kept basically stable for many years, with the increases "moderate" and "reasonable", the spokesman of the country's parliament said on Saturday. Russia's Wagner boss publishes video showing coffins of dead Ukrainian troops being shipped home 2023-03-04T05:00:00Z The gross domestic product target could be as high as 6%, compared with a 4.5%-5.5% range proposed in November, sources told Reuters this week. China parliament to review state entity reform plan, Legislative Law 2023-03-04T05:00:00Z In a report released Friday, the World Bank says the level of the damage in Syria is about 10% of the country’s gross domestic product. World Bank: Quake caused damage worth $5.1 billion in Syria 2023-03-03T05:00:00Z The nation’s gross domestic product — its total output of goods and services — contracted from January through March last year and again from April through June. US economy sending mixed signals: Here’s what it all means 2023-02-28T05:00:00Z The downward revision to productivity was telegraphed by data last week showing gross domestic product growth for the fourth quarter trimmed to a 2.7% rate from the previously estimated 2.9% pace. US fourth-quarter labor costs revised higher; productivity growth lowered 2023-03-02T05:00:00Z Last year's fiscal gap was reported at 8.0% of gross domestic product, compared with an official target of 5.6% set in November. Italy posts firm growth in 2022, but budget deficit overshoots 2023-03-01T05:00:00Z There's another long-term problem for Ukraine's agricultural sector, which accounted for 10% of its gross domestic product before the war. Soils of war: The toxic legacy for Ukraine's breadbasket 2023-03-01T05:00:00Z Although the Federal Reserve has been increasing interest rates at a fast pace, the impact on gross domestic product growth and in reducing inflation has been limited. Opinion | The Fed should ease up on interest rate hikes 2023-02-28T05:00:00Z Cotton has said America’s defense budget, at 3 percent of gross domestic product, is “way too low historically.” Opinion | How one Republican senator wants to hold his party together on Ukraine 2023-02-25T05:00:00Z The Commerce Department’s revised estimate of the fourth quarter’s gross domestic product — the economy’s total output of goods and services — marked a deceleration from the 3.2% growth rate from July through September. U.S. revises down last quarter’s economic growth to 2.7% rate 2023-02-23T05:00:00Z The Commerce Department’s revised estimate of last quarter’s gross domestic product — the economy’s total output of goods and services — marked a deceleration from the 3.2% growth rate from July through September. US revises down last quarter’s economic growth to 2.7% rate 2023-02-23T05:00:00Z This year, Poland is expected to spend 4 percent of its gross domestic product on defense, double its requirements under NATO. Poland is on a quest to have Europe’s strongest military — with U.S. arms 2023-02-22T05:00:00Z Before the war, Ukraine’s private sector, including its huge steel and agricultural industries, accounted for 70 percent of the country’s gross domestic product, said Elena Voloshina, head of the International Finance Corporation in Ukraine. How One Ukrainian Company Survived, and Thrived, Through a Year of War 2023-02-23T05:00:00Z Gaming revenue accounted for over half of Macau's gross domestic product before the pandemic. Macau casino stocks, bonds on a roll as Chinese visitors return 2023-02-23T05:00:00Z Invoking Rosy means, in plainer English, assuming “rosy” economic conditions, typically much faster growth in gross domestic product than most analysts expect. Opinion | The GOP’s One Weird Trick for fixing deficits is a Big Red Flag 2023-02-21T05:00:00Z Ukraine lost about one third of its gross domestic product last year. IMF head says new lending to Ukraine could be 'sizeable' 2023-02-21T05:00:00Z Export orders logged the biggest decrease since July 2020 on relentlessly weak global demand as seen in recent indicators such as the slower-than-expected gross domestic product growth in October-December and January's record trade deficit. Japan's factory activity shrinks at fastest pace in 2-1/2 years-PMI 2023-02-21T05:00:00Z A promise to dedicate at least 2 percent of the country’s gross domestic product to defense — “now, year after year,” Scholz had said — has been pedaled back. Germany pledged a military revamp when Ukraine war began. Now it’s worse off. 2023-02-16T05:00:00Z Italy's overall 2022 debt level is estimated at 145% of gross domestic product, the second highest ratio in the euro zone after that of Greece. Analysis: Follow the curve: Italy grapples with debt volatility 2023-02-16T05:00:00Z Though nearly 70 percent of Utah’s diverted water goes to alfalfa and hay, the crops account for only 0.2 percent of the state’s gross domestic product. Opinion | Will Mormons save the Great Salt Lake? 2023-02-14T05:00:00Z In some cases - such as Turkey, Jordan and Romania - those deficits exceeded 5% of gross domestic product. Sticky inflation prompts EBRD to trim 2023 growth outlook for its region 2023-02-16T05:00:00Z But as the Federal Reserve gradually reduces its target federal funds rate after its recent hiking cycle, the agency said, real gross domestic product growth will rebound and be stronger than earlier expectations. Government will hit debt limit as soon as July, CBO says 2023-02-15T05:00:00Z They expect investments in culture to create 100,000 jobs and bring a 3% increase to the country’s annual gross domestic product by the end of the decade. From oil to coffee: A prince's campaign to rebrand Saudi identity 2023-02-15T05:00:00Z For the whole year of 2022, the seasonally adjusted real gross domestic product, which measures the value of goods and services a nation produces, grew 1.1% from the year before. Japan manages growth in final quarter as tourism returns 2023-02-13T05:00:00Z Real estate now represents some 10% of Dubai’s overall gross domestic product. Dubai boom sees Russian cash, high rents and reborn projects 2023-02-13T05:00:00Z Arkhom said he expected Thai gross domestic product may beat a forecast of 3.8% growth this year on a rebound in the crucial tourism sector. Thai finmin says pace of monetary tightening still "reasonable" 2023-02-13T05:00:00Z In 2023, the national debt is about 96 percent of the gross domestic product, the broadest measure of the economy. Analysis | Peter was already robbed. He can’t pay Paul. 2023-01-26T05:00:00Z The country’s gross domestic product per capita is also well below developed economies and emerging neighbors like China. Why the Climate Fight Will Fail without India 2023-02-10T05:00:00Z The Office for National Statistics said Friday that gross domestic product, the broadest measure of economic activity, failed to grow during the fourth quarter of 2022. U.K. economy stagnates during final three months of 2022 2023-02-10T05:00:00Z It covers some 30 percent of the world’s population and about a third of global gross domestic product. Opinion | To compete with China, the U.S. should put real trade deals on the table 2023-02-07T05:00:00Z China, which has a gross domestic product of $17.7 trillion, is the second largest economy in the world behind the U.S. China trade hawks hit hard reality of trying to curb U.S. investment in Beijing 2023-02-07T05:00:00Z Regardless, when the Commerce Department calculates the gross domestic product, its measure of economic growth, it adds exports to the national figures for government and private investment and spending, and subtracts imports. America’s Trade Deficit Surged in 2022, Nearing $1 Trillion 2023-02-07T05:00:00Z The United States has provided more aid than any other country in raw dollars but ranks ninth when the sum is measured as a percentage of the gross domestic product. Analysis | Biden’s 2022 State of the Union proposals: What flopped and what succeeded 2023-02-05T05:00:00Z It also accounts for about 3.5% of Panama’s gross domestic product. First Quantum suspends copper concentrate loading at Panamanian port 2023-02-06T05:00:00Z It estimated economic losses of as much as 1 percent of Turkey’s gross domestic product. How strong is a magnitude-7.8 quake? 2023-02-06T05:00:00Z Economists and policymakers are closely tracking consumer spending, which makes up more than 70 percent of gross domestic product, for any sign of diminishing demand. Stores are pushing vendors to cut prices, but your bill will stay the same 2023-02-05T05:00:00Z In the fourth quarter of last year, weak exports of goods weighed on the gross domestic product, even though imports also decreased. America’s Trade Deficit Surged in 2022, Nearing $1 Trillion 2023-02-07T05:00:00Z China spends about $209 billion, or 1.3 percent of gross domestic product, on its military overall, according to a Pentagon report. Classified U.S. Report Highlighted Foreign Power Surveillance With Advanced Technology 2023-02-04T05:00:00Z But either way it is undeniably a surprising turnaround from the eight previous years, in which Venezuela's gross domestic product is estimated to have contracted by more than 75%. Venezuela's slow economic recovery leaves poorest behind 2023-02-03T05:00:00Z While high inflation is helping reduce its debt relative to gross domestic product, it is also eating away at its growth output and potential. Analysis: Prudence, reforms can help Greece regain investment grade after election 2023-02-03T05:00:00Z The government took the groundbreaking and historic step of increasing defense spending to 2 percent of Japan’s gross domestic product over the next five years. Opinion | Japan must do more, and faster, to avert war over Taiwan 2023-02-02T05:00:00Z In 2021, Ukraine’s gross domestic product was $4,827 per capita, according to estimates from the International Monetary Fund, compared to $11,683 for the current poorest, Bulgaria — and that was before the war. In visit to wartime Kyiv, E.U. sells ‘European dream’ that remains distant 2023-02-02T05:00:00Z Shipments of these so-called core capital goods, which are used to calculate business equipment spending in the gross domestic product report, dropped 0.6% instead of 0.4% as previously reported. U.S. factory orders rebound in December 2023-02-02T05:00:00Z Mr. McCarthy’s claim that the national debt has exceeded gross domestic product by 20 percent for the first time in 80 years is also inaccurate. Assessing Political Spin in the Debt Ceiling Fight 2023-02-01T05:00:00Z The country’s gross domestic product had expanded by 0.9% in the third quarter, but the effects of high domestic interest rates and inflation slowed growth in the fourth quarter. Mexico’s growth slows to 0.4% in 4Q, 3.6% in 2022 2023-01-31T05:00:00Z Ahead of the Fed, traders await Chinese manufacturing data and Australian retail sales figures later on Tuesday, as well as a preliminary reading for euro zone gross domestic product. Dollar set for fourth monthly drop as Fed meeting looms 2023-01-31T05:00:00Z It also recommended that countries increase domestic health finance by 1% of gross domestic product and global health finance by at least $15 billion per year, which Chapagain described as a "good investment to make". All countries 'dangerously unprepared' for future pandemics, says IFRC 2023-01-30T05:00:00Z But consumption overall remained solid in the fourth quarter, according to the gross domestic product report out this past Thursday, though that was before many of the most dramatic layoff announcements. Opinion | What the mass tech layoffs mean for the U.S. economy 2023-01-27T05:00:00Z Take gross domestic product, an indicator that was not as reliable at the beginning of the pandemic but has since normalized. The Week in Business: Creeping Layoffs 2023-01-29T05:00:00Z Publicly held debt is roughly equal now to the U.S. gross domestic product, a measure of yearly economic output. Lots of sound and fury on US debt, but not a crisis — yet 2023-01-27T05:00:00Z Markets rose after yesterday’s gross domestic product data showed that the U.S. economy grew more than expected in the fourth quarter. Elon Musk Goes to Washington 2023-01-27T05:00:00Z In the most recent quarter, continued consumer spending on services such as health care and utilities helped lift gross domestic product, which sums up goods and services produced in the U.S. economy. U.S. economy grew 2.1 percent in 2022, but recession fears linger 2023-01-26T05:00:00Z Improving gross domestic product and inflation data in the United States provided hope that the U.S. Oil prices edge up on strong U.S. economic data, Chinese demand hope 2023-01-27T05:00:00Z U.S. gross domestic product, adjusted for inflation, increased at an annual rate of 2.9 percent in the fourth quarter of 2022, the Commerce Department said Thursday. The U.S. economy grew at an annual rate of 2.9 percent in the fourth quarter. 2023-01-26T05:00:00Z The mine is an important asset for both parties, accounting for about 3.5% of Panama’s gross domestic product and about half of First Quantum’s 2021 core earnings. Panama not willing to expand First Quantum's copper mine operations 2023-01-26T05:00:00Z Thursday’s estimate from the Commerce Department showed that the nation’s gross domestic product - the broadest gauge of economic output - decelerated last quarter from the 3.2% annual growth rate it had posted from July through September. U.S. economy slowed but still grew at 2.9% rate last quarter 2023-01-26T05:00:00Z Economists expect that fourth-quarter gross domestic product grew by 2.8 percent on an annual basis, a slight decline from the previous quarter, as inflation eased and the jobs market remained relatively strong. Tesla Bulls Are Back at the Wheel 2023-01-26T05:00:00Z Landlocked between South Africa and Mozambique and with a gross domestic product of less than $5 billion, the tiny kingdom of Eswatini doesn't often command the attention of world powers. Analysis: Southern Africa calls the tune as great power suitors queue up 2023-01-26T05:00:00Z China, Brands and Beckley write, is at “the intersection of ambition and desperation,” the latter because China’s 37-fold real gross domestic product growth 1978-2018 is certain to be followed by a prolonged contraction. Opinion | Mike Gallagher chairs a vital House committee. Its only focus: China. 2023-01-25T05:00:00Z Economists have estimated that the gross domestic product — the broadest measure of economic output — grew at a 2.3% annual pace from October through December, according to a survey of forecasters by the data firm FactSet. US economy likely slowed but still posted solid growth in Q4 2023-01-25T05:00:00Z Consensus gross domestic product growth forecasts for 2023 for more than 80% of economies surveyed were downgraded from the October poll. POLL Global 2023 economic view downgraded, at odds with market optimism 2023-01-26T05:00:00Z Hinrichs said he expects volume to continue growing more than the gross domestic product that’s expected to be up about half a percent this year as the railroad’s service continues improving. CSX railroad profit up 9% on higher fuel surcharges, rates 2023-01-25T05:00:00Z That’s a large number, even for an economy as big as America’s: Federal debt held by the public has roughly tripled as a percentage of gross domestic product, from 32% to 94%. Does America have too much debt? 2023-01-25T05:00:00Z The government will release gross domestic product data for the fourth-quarter on Thursday. Asia shares trading mixed, China markets closed for holidays 2023-01-24T05:00:00Z The company said it determines its local prices based on factors including a country’s gross domestic product. A Dilemma for Governments: How to Pay for Million-Dollar Therapies 2023-01-24T05:00:00Z Rises in interest rates will test the government's ability to service the industrial world's heaviest debt burden at more than double the size of Japan's annual gross domestic product. Japan sees rising interest rates expanding its growing debt pile 2023-01-24T05:00:00Z China's reopening is expected to further boost Thailand's vital tourism, which before the pandemic accounted for about 12% of gross domestic product in Southeast Asia's second-largest economy. Thailand beats 2022 tourism target with 11.15 mln foreign arrivals 2023-01-24T05:00:00Z Economists expect the report will show that gross domestic product grew at a 1.5% seasonally adjusted annual rate in the last three months of 2022. This Week: Tesla earns, GDP snapshot, consumer spending 2023-01-23T05:00:00Z Fitzpatrick said the still-forming bill would change the debt ceiling from a “numerical dollar amount” to a measure of debt as a percentage of gross domestic product. Republicans hold firm in demanding debt-ceiling deal with Biden 2023-01-22T05:00:00Z The report on gross domestic product is likely to show that economic output, adjusted for inflation, increased at an annual rate of 1.5 percent in the quarter, according to predictions from forecasters. The Week in Business: The Debt Limit and Politics 2023-01-22T05:00:00Z Those reserves and repurchase agreements currently total just over $5.6 trillion, roughly around 22% of gross domestic product as of the third quarter of last year. Fed can likely slow runoff as bank reserves near 10% to 11% of GDP 2023-01-20T05:00:00Z Private debt — which includes household debt and student loans — sits at about 147 percent of gross domestic product, compared with 154 percent in the United States and 133 percent in Australia. Jacinda Ardern Will Be Gone Soon but New Zealand’s Economic Troubles Are Here to Stay 2023-01-20T05:00:00Z Official gross domestic product data is due next month. Thai Lunar New Year spending seen at 3-yr high as tourism rebounds - survey 2023-01-19T05:00:00Z This is to be followed by 1.8% growth in gross domestic product next year, according to the draft report, the source said. Exclusive: Germany forecast to narrowly escape recession in 2023 - source 2023-01-18T05:00:00Z Despite being an open economy that relies on offshore industrial investment and whose total exports are as much as its gross domestic product, Vietnam has shielded its equity market by limiting foreign investor access. Exclusive: Vietnam market risks missing 2025 deadline for upgrade to emerging status - sources 2023-01-18T05:00:00Z The Southeast Asian country, which will announce its 2022 economic performance on Jan. 26, also expects last year's gross domestic product growth to be faster than the 6.5%-7.5% target. Marcos sees Philippine economy growing around 7% this year 2023-01-18T05:00:00Z Officials also announced Tuesday that gross domestic product grew by only 3 percent last year, as regular disruptions from “zero covid” policies hurt consumption at the same time that the critical real estate sector contracted. China’s first population decline in 60 years sounds demographic alarm 2023-01-17T05:00:00Z If the forecast is realised, the tourism industry would represent about 12.2% of Spain's gross domestic product. Spain's 2023 tourism revenue seen 5% higher than before pandemic 2023-01-17T05:00:00Z Annual growth in Chinese gross domestic product for the fourth quarter is expected to be reported as only 1.8%, so any upside surprise could lend support to trade-exposed currencies, such as the Aussie. Yen perched near 7-month high as BOJ looms 2023-01-17T05:00:00Z Economists slightly upgraded growth projections for gross domestic product in the first two quarters this year, based on expectations of robust consumption. Economists say BOJ's Amamiya is top governor candidate, tightening this week unlikely 2023-01-16T05:00:00Z Per capita gross domestic product almost doubled in the following fifty years, a slightly faster pace than Latin America as a whole. Ecuador Tried to Curb Drilling and Protect the Amazon. The Opposite Happened. 2023-01-14T05:00:00Z Germany releases a preliminary full-year gross domestic product figure before full December economic data is available, and an official fourth-quarter number isn’t due for a few weeks yet. German economy seen stagnating in Q4, grew 1.9% in 2022 2023-01-13T05:00:00Z The Japanese leader will explain his decision in November to seek parliamentary approval to spend 2 percent of gross domestic product annually on defense, roughly doubling what Japan has been spending. Opinion | A menacing Russia and China pull Japan out of its past 2023-01-12T05:00:00Z For the first time since 1976, Japan will no longer limit its defense spending to 1 percent of gross domestic product. Opinion | Japan’s prime minister warns of a historic — and dangerous —moment in Asia 2023-01-11T05:00:00Z The property sector, which accounts for roughly a quarter of China's gross domestic product, has struggled with defaults and stalled projects, hitting market confidence and weighing on growth. China to support financing, debt extension for quality developers- Xinhua 2023-01-13T05:00:00Z Overall activity in 2023 “will be modest, but I’m not forecasting a recession,” the official said, noting he expects to see the gross domestic product rise by 1% this year. Fed's Harker ready to downshift to 25 basis-point interest rate hikes 2023-01-12T05:00:00Z The head of the Federal Statistical Office, Ruth Brand, said that “according to what we know so far, gross domestic product stagnated in the fourth quarter of 2022” compared with the previous three-month period. German economy seen stagnating in Q4, grew 1.9% in 2022 2023-01-13T05:00:00Z The anticipated agreements follow Japan’s announcement last year that it would increase its defense spending to 2% of gross domestic product over five years. US, Japan to boost security, military cooperation 2023-01-11T05:00:00Z The government estimates that the reform means that by 2030 the labour force will count 300,000 more workers than it would have otherwise, generating an additional percentage point of gross domestic product. Analysis: Macron's pension reform gains risk social pain 2023-01-11T05:00:00Z Its planned increase in defense spending to 2 percent of gross domestic product over 5 years would make its defense budget the world’s third-largest. U.S., Japan set to announce shake-up of Marine Corps units to deter China 2023-01-10T05:00:00Z Preliminary economy ministry data last Thursday showed a 30.4% fall in gross domestic product in 2022, the sharpest economic decline since Ukraine won independence form the Soviet drop was less than expected. Ukraine's 2022 inflation hits 26.6%, but lower than forecast 2023-01-10T05:00:00Z It had only two goals: to increase private-sector gross domestic product to $100 billion and bring unemployment levels below 10 percent across all wards, races and education levels. D.C.’s five-year economic strategy: equity and population growth 2023-01-09T05:00:00Z Shipments of these so-called core capital goods, which are used to calculate business equipment spending in the gross domestic product report, fell 0.1% as previously reported. U.S. factory orders tumble in November on aircraft 2023-01-06T05:00:00Z Ukraine recorded its largest annual decline in gross domestic product in over 30 years, its economic minister said yesterday. Your Friday Briefing 2023-01-06T05:00:00Z Ukraine recorded its largest annual fall in gross domestic product in over 30 years, its economic minister said yesterday. Your Friday Briefing: Russia Proposes a Short Cease-Fire 2023-01-05T05:00:00Z It also accounts for about 3.5% of Panama's gross domestic product. Analysis: Panama and First Quantum harden battle lines over key copper mine 2023-01-03T05:00:00Z Africa is already the world’s largest geographic free trade area, and its gross domestic product has been projected to reach as high as $29 trillion by 2050. Opinion | The U.S. should think of Africa as a partner, not a pawn 2023-01-02T05:00:00Z The value of the worldwide market swelled to about $3 trillion, close to the gross domestic product of the United Kingdom. Caroline Ellison wanted to make a difference. Now she’s facing prison. 2023-01-02T05:00:00Z Too few of the gains from growth have trickled down to households, keeping consumer spending low as a share of gross domestic product. China’s future dims 2022-12-27T05:00:00Z Vietnam has one of the fastest-growing economies in Asia, backed by strong manufacturing and exports, with gross domestic product growth of 8% forecast this year. Vietnam c.bank buys dollars to shore up reserves after selloff 2022-12-27T05:00:00Z The mine accounts for roughly 3.5% of Panama's gross domestic product, according to government figures. Canada's First Quantum CEO holds talks with Panama minister: source 2022-12-26T05:00:00Z Panama was asking for a maintenance plan for the company, which is considered the largest private investment in the Central American country and accounts for roughly 3.5% of Panama's gross domestic product. Canadian miner First Quantum starts arbitration against Panama, says government 2022-12-24T05:00:00Z The Cobre Panama mine is considered the largest private investment in the Central American country, accounting for roughly 3.5% of its gross domestic product. Canada 'keen' on resolution for First Quantum in Panama 2022-12-23T05:00:00Z Nevertheless, consumer spending is on track to provide another lift to economic growth this quarter, after teaming up with exports to boost gross domestic product in the third quarter. U.S. consumer spending, inflation slow in November 2022-12-23T05:00:00Z Japan, which relinquished its right to wage war after its defeat in World War Two, plans to double defence outlays to 2% of gross domestic product within five years. Japan to hike annual defence budget by a quarter to buy Tomahawks and other weapons 2022-12-23T05:00:00Z The Italian Treasury has forecast that gross domestic product will contract both in the current quarter and in the first quarter of next year. Analysis: High yields and savings to boost ordinary Italians' bond purchases 2022-12-22T05:00:00Z At the same time, an update on gross domestic product indicated that the economy rebounded faster than previously estimated in the third quarter. Stocks Fall as Economy Continues to Show Signs of Strength 2022-12-22T05:00:00Z The rise in gross domestic product — the economy’s output in goods and services — marked a return to growth after consecutive drops in the January-March and April-June periods. US economy grew 3.2% in Q3, an upgrade from earlier estimate 2022-12-22T05:00:00Z I fairly often see assertions to the effect that the U.S. economy is more successful than the economies of Western Europe, because we have higher gross domestic product per capita. Happy workaholic holidays 2022-12-21T05:00:00Z The budget, with a deficit planned at 6.4% of gross domestic product, will include taxes on Russian crude, gas transportation, spirits, and gambling, Heger said. Slovak prime minister says 2023 state budget will be approved in time 2022-12-20T05:00:00Z November consumer prices are due out on Wednesday, while October gross domestic product figures will be published on Friday. Canada October retail sales up 1.4% on gasoline, seen down 0.5% in November 2022-12-20T05:00:00Z The latest update on gross domestic product showed that the U.S. economy grew at an unexpectedly strong 3.2 percent annual pace from July through September. Stocks Fall as Economy Continues to Show Signs of Strength 2022-12-22T05:00:00Z Prime Minister Fumio Kishida's government has decided to double annual defence spending to 2% of gross domestic product within five years, pushing military outlays to record highs just as bulging welfare spending strains public finances. Japan budget proposal for FY2023/24 could be as high as $831 bln -Nikkei 2022-12-20T05:00:00Z Even during the Cold War, Japan spent only about 1 percent of its gross domestic product on self-defense forces. Opinion | Japan is building up its military. Good. 2022-12-16T05:00:00Z The Center for American Progress, a research group aligned with Democrats, said that providing a path to citizenship for undocumented immigrants would boost the nation’s gross domestic product. Americans still support asylum for immigrants fleeing persecution, poll finds 2022-12-16T05:00:00Z Ratings agency Moody's sees UK government debt remaining above 100% of gross domestic product for years. Analysis: Britain takes fight to restore investor faith into 2023 2022-12-16T05:00:00Z Kishida's plan will double defence outlays to about 2% of gross domestic product over the next five years and increase the defence ministry's share to around a tenth of all public spending. Pacifist Japan unveils unprecedented $320 bln military build-up 2022-12-16T05:00:00Z Minera Panama, a subsidiary of Canada’s First Quantum Minerals Ltd., is the largest private investment in the history of Panama, employs thousands and accounts directly and indirectly for some 3% of Panama’s gross domestic product. Panama orders mammoth copper mine to cease operations 2022-12-15T05:00:00Z But Moldova is heavily reliant on Russian gas, annual inflation is over 31% and the government expects a budget deficit of 3% of gross domestic product this year which it sees doubling in 2023. Moldova's new economy minister pledges pro-business overhaul 2022-12-13T05:00:00Z Sri Lanka said in October it aimed to nearly double its tax revenue to around 15% of gross domestic product by 2026 from 8.5% now - one essential step to unlock IMF funding. IMF not expected to discuss Sri Lanka before year-end -sources 2022-12-13T05:00:00Z The increase would push defence spending to 2% of the country's gross domestic product, or about a tenth of current public spending. Analysis: Japan's Kishida walks tightrope to redemption with planned defence splurge 2022-12-13T05:00:00Z Kishida has told his government to earmark 43 trillion yen for defence over the next five years; that would double annual defence spending to the equivalent of about 2% of Japan’s gross domestic product. Japan eyes $11.6 billion in construction bonds for military facilities -Kyodo 2022-12-13T05:00:00Z But the economic damage of climate change isn’t always measurable by traditional methods, because the full value of nature isn’t computed in gross domestic product. Wish You Were Here. Ignore the Floods and Fires. 2022-12-10T05:00:00Z The G-20 is composed of the world’s major industrial and emerging economies and represents more than 80% of the world’s gross domestic product. Biden wants African Union to be added to Group of 20 nations 2022-12-09T05:00:00Z People familiar with the talks say he suggested an additional adjustment to the cap based on another indicator, such as gross domestic product. Lula taps close ally as Brazil's next finance minister 2022-12-09T05:00:00Z The budget draft, which currently contains 6 billion euros worth of aid for households hit by high energy prices, sees the deficit at 6.4% of gross domestic product. Slovak government faces crunch no-confidence, budget votes on same day 2022-12-09T05:00:00Z Amid what it sees as deteriorating regional security, Japan this month will announce a military build up plan that is expected to double defence spending to about 2% of gross domestic product over five years. Japan, Britain and Italy to build joint jet fighter 2022-12-09T05:00:00Z A major reason is that L.A. — which has the the largest population and gross domestic product of any county in the nation — is structurally vulnerable to pandemics. Will you mask up again? A January mandate looms for L.A. if COVID-19 wave worsens 2022-12-08T05:00:00Z The country’s gross domestic product is expected to plunge 45 percent this year, according to the World Bank. Out of the Public Eye, a Debate Is Raging Over a Postwar Ukraine Economy 2022-12-08T05:00:00Z It also contributes to trillions of dollars in global gross domestic product, making a risk to biodiversity also a threat to the global economy. Global Summit Tries to Slow Biodiversity Crisis as Species Wink Out around the World 2022-12-07T05:00:00Z Seasonally adjusted data showed gross domestic product dropped by 0.5% in the third quarter from a downwardly revised 0.6% growth rate in the previous quarter. Greek economy shrinks 0.5% q/q in Q3 2022-12-07T05:00:00Z The Aussie was last 0.16% higher at $0.6699, after a muted reaction following data release of its gross domestic product on Wednesday, which showed that Australia's economy slowed a little in the September quarter. Dollar edges up as darkening growth outlook hurts sentiment 2022-12-07T05:00:00Z October's sharp widening in the deficit suggested trade could be a drag on gross domestic product this quarter. U.S. trade deficit widens in October on weak exports 2022-12-06T05:00:00Z Shipments of these so-called core capital goods, which are used to calculate business equipment spending in the gross domestic product report, rose 1.5%. U.S. factory orders beat expectations in October 2022-12-05T05:00:00Z Canada's employment report for November showed that the labour market remains tight, while gross domestic product grew at an annualized rate of 2.9% in the third quarter. Canada's deep yield curve inversion adds to BoC rate hike dilemma 2022-12-04T05:00:00Z Last quarter’s rise in the U.S. gross domestic product — the economy’s total output of goods and services — followed two straight quarters of contraction. US revises up last quarter’s economic growth to 2.9% rate 2022-11-30T05:00:00Z In China, the brokerage expects the government to soften its zero-COVID policy, which is seen driving a 5.6% growth in gross domestic product next year. Citi expects global growth to slow below 2% in 2023 2022-11-30T05:00:00Z This is creating immense personal hardship and cramping the economy; cities under lockdown account for almost 60% of China’s gross domestic product. Lessons from China’s zero-COVID nightmare 2022-11-29T05:00:00Z It also lowered its gross domestic product prediction for 2023 to a 4 percent increase from a previous estimate of 4.3 percent. China Protests Over ‘Zero Covid’ Follow Months of Economic Pain 2022-11-29T05:00:00Z The ratings agency now projects real gross domestic product growth of 3.8% next year, down from its previous forecast of a 4.1% expansion. S&P Global lowers 2023 growth forecast for emerging markets 2022-11-29T05:00:00Z By 2025, according to one estimate, the size of the international market for corrugated packaging will reach $205 billion, commensurate with the gross domestic product of New Zealand or Greece. Cardboard Has Taken Over Our Lives. Where Does It Come From? 2022-11-28T05:00:00Z Silk said the projected 1% decline in gross domestic product over four quarters would be a "relatively shallow and technical" recession, partly reflecting a weaker global growth outlook. NZ faces 'shallow' recession as rates need to rise more - senior central banker 2022-11-28T05:00:00Z Despite rapid economic growth since pro-market reforms began in 1991, the share of manufacturing in India’s gross domestic product has remained stubbornly low, at about 15 percent. Opinion | India needs to jump-start manufacturing. Here’s how to do it. 2022-11-24T05:00:00Z Finally, sustaining economic growth, which is measured by increasing gross domestic product, does not, as the editorial implied, equate to better quality of life. Opinion | The Earth can’t sustain continued growth 2022-11-25T05:00:00Z Officials figures released Friday show gross domestic product in Europe’s biggest economy grew by 0.4% from July to September, 0.1 percentage points higher than previously forecast. German economy sees stronger growth in 3rd quarter 2022-11-25T05:00:00Z That’s good news for Tanzania, whose per capita gross domestic product is among the world’s lowest. As climate change melts the storied snows of Mt. Kilimanjaro, a climb to the roof of Africa 2022-11-17T05:00:00Z The plant and related activities generate half of the gross domestic product in in Sicily’s Syracuse province and 8% of the region’s economic activity, Italian oil workers seek deal for Russian-owned refinery 2022-11-18T05:00:00Z Three quarters of cars produced by South Africa's auto industry, which accounts for 5% of gross domestic product and more than 100,000 jobs, are exported, mostly to Europe. Ford executive says South Africa needs EV policy within six months 2022-11-18T05:00:00Z But the same study also found that barely half the programs were successful in their goal of reducing debt as a percentage of gross domestic product. Facing Recession, U.K. Outlines Billions in Tax Increases and Spending Cuts 2022-11-17T05:00:00Z Amazon said its investment will add 1.8 billion euros to the Spanish gross domestic product. Amazon's cloud computing unit plans to invest 2.5 bln euros in Spain, to support 1,300 jobs 2022-11-16T05:00:00Z Overall housing activity - construction, sales and the related demand for goods and services that goes with housing churn - contributes an estimated 16-18% of gross domestic product annually in the United States and Britain. Column: Housing storm leaves UK exposed, skews policy 2022-11-16T05:00:00Z Surging costs of living are eroding household income and darkening the outlook for consumption in Asia's fourth largest economy, where private spending accounts for roughly half of gross domestic product. South Korean apartment prices drop at steepest pace in two decades 2022-11-16T05:00:00Z The requested amount is about .06 percent of the country’s gross domestic product, noted Mike Podmore, the executive director of StopAids, a health and human rights advocacy group based in Britain. U.K. Pledges $1.19 Billion to Fight Diseases in Poor Countries 2022-11-15T05:00:00Z That money now accounts for around a fifth of government income, roughly half of its foreign investment and nearly a 10th of gross domestic product. Colombia Leads a New Latin American Left Into the Climate Fight 2022-11-15T05:00:00Z Trade and gross domestic product are higher, and inflation and unemployment are lower. In Brazil, Lula Beat Bolsonaro. Now Comes the Hard Part. 2022-11-15T05:00:00Z A decade of budget tightening had started to reduce the burden when the pandemic and war in Ukraine pushed debt to 98% of gross domestic product. Britain’s vulnerable await PM’s spending plans with anxiety 2022-11-15T05:00:00Z A UN study last year found "negligible" correlation between household food waste and gross domestic product, indicating most countries "have room to improve." World making little progress on food waste, a big climate problem 2022-11-15T05:00:00Z Limiting countries or communities from receiving compensation for loss and damage based on their current emissions or gross domestic product could become a problematic and complicated process. Loss and damage: Who is responsible when climate change harms the world’s poorest countries? 2022-11-14T05:00:00Z Three quarters of cars produced by South Africa's auto industry, which accounts for 5% of gross domestic product and over 100,000 jobs, are exported, mostly to European countries. VW South Africa looks to Asia, Latam as Europe shifts to EVs 2022-11-11T05:00:00Z The Office for National Statistics said gross domestic product fell by 0.2% between July and September, a smaller-than-expected contraction that nevertheless is seen to signal the start of a long recession. UK economy shrinks as economists warn of more pain to come 2022-11-11T05:00:00Z A Reuters poll of economists had pointed to a bigger contraction of 0.5% in gross domestic product in the third quarter. UK economy shrinks less than feared as recession risk looms 2022-11-11T05:00:00Z Historically, the United States has invested fewer public dollars in early-childhood care relative to gross domestic product than almost any developed country, according to the Organization for Economic Cooperation and Development. In N.M. child-care funding win, providers nationwide see road map 2022-11-10T05:00:00Z The landlocked country with a population of only 750,000 measures progress and growth with a “gross national happiness” metric, rather than gross domestic product, and it has resisted modern technology for decades. Up in a tiny Himalayan kingdom, an LGBTQ revolution is on the climb 2022-11-10T05:00:00Z The new government is planning to set a budget deficit of 4.3% of gross domestic product in the next financial year, the finance ministry said. Kenya to cut appetite for borrowing, eyes narrower budget deficit 2022-11-10T05:00:00Z The sector once used about 70 percent of the country’s water supply, though it contributes relatively little to the gross domestic product. Jordan Is Running Out of Water, a Grim Glimpse of the Future 2022-11-09T05:00:00Z But a weak winter, with gross domestic product declining in the last months of the year and in the first three months of next year, is still widely expected. German economy to shrink in 2023, government advisers expect 2022-11-09T05:00:00Z For perspective: The contests will nearly double the cost of the 2010 midterm elections, more than double the 2014 midterms and are on pace to roughly equal the 2022 gross domestic product of Mongolia. Early election takeaways: It’s called history for a reason 2022-11-08T05:00:00Z A slower pace of inventory growth in the coming quarters is likely to be a drag on U.S. gross domestic product, further contributing to concerns about an economy on weaker footing. Retailers push big holiday discounts to ease inventory avalanche 2022-11-08T05:00:00Z Chambers of Commerce estimated that the total cost for Americans to comply with federal regulations is larger than $1.8 trillion, more than the gross domestic product of Mexico. Biden reversal of Trump deregulation agenda costing taxpayers $309B, analysts say 2022-11-08T05:00:00Z China's third quarter gross domestic product data showed its economy rebounded faster than expected to 3.9% due to an influx of government investment. Apple: iPhone shipments delayed over China Covid lockdown 2022-11-06T04:00:00Z Kishida's Liberal Democratic Party has pledged to double Japan's defence budget to around 2% of gross domestic product within five years. Japan hosts multilateral display of naval unity amid East Asia tension 2022-11-06T04:00:00Z Mr. Sunak has pointedly refused to embrace Ms. Truss’s pledge to hike military spending to 3 percent of Britain’s gross domestic product by 2028 — up from slightly more than 2 percent now. Like Others Before Him, Sunak Has a Boris Johnson Problem 2022-11-03T04:00:00Z Shipments of these so-called core capital goods, which are used to calculate business equipment spending in the gross domestic product report, dropped 0.5% in September as previously reported. U.S. factory orders rise moderately in September 2022-11-03T04:00:00Z Its overall debt exceeds 150% of gross domestic product and it’s in line to get around 200 billion euros in aid to deal with the economic crisis caused by the pandemic. Italy’s new, far-right leader heads to EU HQ to break ice 2022-11-03T04:00:00Z |
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