Home Tags GDP
Two trends propping up economic growth in Britain have suddenly reversed as more consumers realise the damage from Brexit is permanent, not transient
Consumers have stopped taking on more debt and started saving their money again.
Malaysia’s annual e...
The Atlanta Fed’s GDPNow model forecasts 4.1% growth for the second quarter, which would be the strongest in nearly four years. But historically, such big spikes in the estimate have been short-lived and followed by weaker growth.
A shop employee hol...
The UK’s ‘credit impulse’ just went sharply negative, and that explains why the Bank of England did not raise interest rates to...
The fact that interest rates did not rise suggests the Bank of England regards itself as nursing a battered economy through a weak patch, not trying to curb the inflationary tendencies of high growth.
California's economy grew to $2.747 trillion in 2017, eclipsing the United Kingdom's $2.625 trillion figure and leaving it effectively sixth on the world stage, according to data from the US Department of Commerce.
US gross domestic product grew faster than expected in the first quarter — but consumer spending, its biggest contributor, slowed.
The US Bureau of Economic Analysis recently released estimates for how quickly each state's economy grew in the fourth quarter of 2017. Texas' GDP grew at a 5.2% annualized rate, while North Dakota's fell 1.3%.
The ONS released the third estimate of GDP growth for the fourth quarter of 2017 on Thursday.