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GDP Articles
The IMF has released an update to its latest World Economic Outlook with lower growth expected this year, but it is still looking for global growth to be better in 2020 than in 2019.
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The forecast for U.S. economic growth this year and next has deteriorated according the most recent survey of economists by the National Association of Business Economics. Four out of five believed...
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The latest forecast of the National Association of Business Economists puts gross domestic product expansion at less than 2% next year.
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Sometimes there is a situation where bad news is good news in the financial markets. After the first contraction was seen in manufacturing this week, it turns out that services sector is slowing down...
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After weaker-than-expected manufacturing data was at a 10-year low and representing contraction, now the services sector is seeing some weak data as well.
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Two fresh readings have been seen for the U.S. manufacturing sector. One rose further into expansion and the more prominent index contracted further.
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24/7 Wall St. routinely checks the GDPNow estimate from the Federal Reserve Bank of Atlanta and the Nowcast from the Federal Reserve Bank of New York.
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Friday's flow of economic data included multiple views on the broad economy, and some data may have an impact on how third-quarter GDP estimates pan out.
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The Bureau of Economic Analysis reported on Thursday that the domestic economy grew at a rate of 2.0% (annual) in the second quarter of 2019.
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Few economists believe the global economy is growing or will grow soon, at least at a healthy level. High oil prices only make the dicey situation that is the global economy worse.
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Not everyone agrees that a recession is imminent, nor that the next recession will be much more than what economists call a "garden variety" recession.
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The Bureau of Labor Statistics probably has at least some good insight into the jobs market. That said, it has to be a hard guess in making a forecast for the next decade.
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As the economy slows while global oil production does not, gas prices are expected to drop after Labor Day, which concludes the summer driving season. Forecasts of U.S. GDP have moved, in many cases,...
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Research firm Markit has posted its monthly PMI for the eurozone. A slowing world economy was reflected in the numbers.
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Not everyone is a fan of fracking, but what has been hard to deny is that fracking has helped boost gross domestic product in multiple pockets in the United States.
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