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GDP Articles
The updated IMF World Economic Growth Outlook downgrades the organization's global growth forecast to less than 3.5% gross domestic product expansion.
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Chinese GDP growth fell to 6.0% in the third quarter, down from 6.1% in the second quarter. While tariffs are having an impact on exports, China's falling imports are likely even more to blame for...
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The Federal Reserve Bank of New York has released a monthly Business Leaders Survey, which is a semi-live reading as the data is for October.
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In a sensitive economy in which growth is slowing enough that recession fears are high, every single economic report is given a very close look.
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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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