Despite fears of a recession, incoming data continues to point to an economy that’s growing.
— Read on ca.finance.yahoo.com/news/us-economy-beats-back-dubious-recession-fears-after-gdp-jobs-data-top-expectations-202247838.html
Tag: GDP
Mapped: The Largest 15 U.S. Cities by GDP
In this visual, we’ve ranked the largest U.S. cities by GDP. How does your city rank in terms of economic output?
— Read on www.visualcapitalist.com/us-cities-by-gdp-map/
US economy returned to growth last quarter, expanding 2.6%
WASHINGTON (AP) — The U.S. economy grew at a 2.6% annual rate from July through September, snapping two straight quarters of contraction and overcoming high inflation and interest rates just as voting begins in midterm elections in which the economy’s health has emerged as a paramount issue. Thursday’s better-than-expected estimate from the Commerce Department showed that the nation’s gross domestic product — the broadest gauge of economic output — grew in the third quarter after having shrunk i
— Read on ca.finance.yahoo.com/news/us-economy-likely-returned-growth-040253061.html
US Economy Shows Worst Is Yet to Come, With Cooling Just Starting
(Bloomberg) — The US economy’s recent rebound is looking like a high-water mark for the expansion.Most Read from BloombergNew Covid Boosters Aren’t Better Than Old Ones, Study FindsMusk Tells Twitter Staff He Doesn’t Plan to Cut 75% Of JobsUS Warns South African Economic Hub May Be Terror TargetAdidas Cuts Ties With Ye, Absorbing €250 Million Profit HitWhile government data on Thursday revealed US gross domestic product rose 2.6% at an annualized rate in the third quarter, that gain merely made
— Read on ca.finance.yahoo.com/news/us-economy-shows-worst-yet-150714994.html
Economic Predictions for 2022 and Beyond
Global GDP growth is forecast to drop from 6.1% in 2021 to 3.6% in 2022. This map shows economic predictions for 2022 and beyond by country.
— Read on advisor.visualcapitalist.com/economic-predictions-for-2022-and-2023/
Mapped: The World’s Largest Economies, Sized by GDP (1970-2020)
How have the world’s largest economies changed over time? These graphics show countries sized by their GDP, as a share of the global total.
— Read on www.visualcapitalist.com/cp/the-worlds-largest-economies-1970-2020/
Canada’s recovery gains steam, with growth tracking above 5% – BNN Bloomberg
Canada’s recovery gains steam, with growth tracking above 5% – BNN Bloomberg
— Read on www.bnnbloomberg.ca/canada-s-recovery-gains-steam-with-growth-tracking-above-5-1.1584701
U.S. economic growth could surpass China this year, and Democrats may be better off spending stimulus money on something else, Fed’s Bullard says – MarketWatch
While President Joe Biden and Congressional Democrats insist the economy needs another $1.9 trillion stimulus package, St. Louis Fed President James Bullard…
— Read on www.marketwatch.com/story/u-s-economic-growth-could-surpass-china-this-year-and-democrats-may-be-better-off-spending-stimulus-money-on-something-else-feds-bullard-says-11612384730
Policymakers can’t just use GDP to chart recovery: Frances Donald – BNN Bloomberg
Policymakers can’t just use GDP to chart recovery: Frances Donald – BNN Bloomberg
— Read on www.bnnbloomberg.ca/policymakers-can-t-just-use-gdp-to-chart-recovery-frances-donald-1.1557260
Historic second-quarter GDP report will show how hard the economy crashed in virus shutdowns
When the government releases GDP data Thursday, it is expected to show an unprecedented, nearly 35% contraction in the second quarter.
— Read on www.cnbc.com/2020/07/29/historic-second-quarter-gdp-report-will-show-how-hard-the-economy-crashed-in-virus-shutdowns.html