GDP

GDP Articles

ThinkstockIf the global economic recovery has left some things behind, the most important is probably job creation. In 2013, 202 million people were unemployed worldwide, up five million from 2012....
Forecasts have predicted that China's GDP will pass that of the United States sometime between 2030 and 2050. For the time being, those forecasts appear too optimistic. China's GDP growth appears to...
ThinkstockHurricanes, floods, heat waves and snow storms. Any can be powerful enough or widespread enough to actually chip a piece of U.S. GDP improvement in a given quarter. With two-thirds of the...
ThinkstockThe U.S. Census Bureau reported Friday morning that its third estimate of third-quarter U.S. gross domestic product (GDP) rose at an annual rate of 4.1%. That was sharply higher than the...
ThinkstockNext year, U.S. wages will increase by about 1.5% after adjusting for inflation, according to ECA International estimates. In some parts of the world, wages will grow at double this rate,...
ThinkstockIt is that time of the year again when Wall Street starts issuing its forecasts for the coming year. We have seen the 2014 outlook from Merrill Lynch this Monday with new observations on...
By International Monetary Fund [Public domain], via Wikimedia CommonsA massive typhoon has battered the Philippines. That will set back what has been a promising economy for years and make the...
ThinkstockAhead of a key meeting of the Communist Party, Chinese Premier Li Keqiang has stated that the nation’s economy must create 10 million jobs per year, and sustained growth of at least 7.2%...
ThinkstockThe media is full of analysis of why a drop in gasoline prices may help gross domestic product (GDP). Most of that analysis is flawed because it does not look at the numbers state by state....
ThinkstockRising oil prices and interest rates, as well as the political wrangling over the federal budget and debt, have not seriously hampered corporate economists’optimism about future economic...
ThinkstockChina’s National Bureau of Statistics announced that third-quarter gross domestic product (GDP) rose 7.8%. Now, speculation and arguments over whether the People’s Republic can maintain...
For the S&P 500 to reach 2,000, it will need to rise 16% above what is already nearly record territory. The index should make it. Most analysts believe that the Washington settlement will be...
ThinkstockThis is what American International Group Inc. (NYSE: AIG) CEO Robert H. Benmosche told The Wall Street Journal when he was asked about the public’s negative reaction to bonuses paid to...
ThinkstockYi Gang, the deputy governor of the People’s Bank of China, recently said that the world’s second largest economy has recovered from a nasty period in the first half of 2013. The...
ThinkstockWith the federal government shutdown in the United States, there is much more focus on international monetary agencies and non-governmental economic reports. The calls from the...