GDP

robots

Industrial Production and Capacity Utilization a Bad Omen for US GDP

The Federal Reserve has released its industrial production report for the month of March, and the figures are weak enough that they may act as a drag against some of ...
Read Full Story »
GDP graphic

US to Be Largest Economy in 2030

At an estimated total of $24.8 trillion, the United States will remain the world’s largest economy in 2030, but China is closing the gap between first and second place. More ...
Read Full Story »
global economy

A Worldwide Period of Low Growth Ahead — IMF

International Monetary Fund (IMF) experts have issued a report that forecasts low worldwide economic growth for several years ahead. Most of the reasons for this are not easily solved, if ...
Read Full Story »
GDP graphic

US Growth Forecast Chopped to Zero

The Federal Reserve Bank of Atlanta has reported that its forecast for U.S. gross domestic product (GDP) growth dropped to zero on April 1 and ticked back up to 0.1% ...
Read Full Story »
factory

ISM Manufacturing Growth Stalls in March

The Institute for Supply Management (ISM) has released its Manufacturing ISM Report on Business for the month of March. The number is above the 50.0 breakeven level, but it was ...
Read Full Story »
Smokestacks

Major Economists Forecast Slowdown in 2016

The National Association for Business Economics (NABE) forecasts an improvement in the U.S. economy this year, and most of the causes and benefits that go with that. Unfortunately, the group ...
Read Full Story »
179378515

Durable Goods So Bad That They Are Good for the Markets

The U.S. Commerce Department has released its reading for durable goods in the month of February. Before getting into the nitty-gritty, and before showing how negative this number is, investors ...
Read Full Story »
460675605

China Growth to Drop Below 7% as Economic Risks of Pollution Grow

New comments from the Organisation for Economic Co-operation and Development (OECD) say that the agency believes China's gross domestic product (GDP) will grow 7.0% this year and 6.9% in 2016. What ...
Read Full Story »
110898078

GDP Revision Lower but Still Better Than Expected

The U.S. Commerce Department has released the preliminary reading for real gross domestic product (GDP) growth in the fourth quarter of 2014 at a seasonally adjusted annual rate of 2.2%. This ...
Read Full Story »
Smokestacks

Finally, a Good Durable Goods Report

The U.S. Commerce Department has released its durable goods reading for the month of January. While this number is highly volatile, despite the direction of the economy, the headline number ...
Read Full Story »
Maersk container ship

Moody’s: Low Oil Prices Will Not Help Global Growth

A drop in crude prices will not help global growth. So says Moody's Investor Services. The research firm's analysts claim the reason is simple: too much of the world's economy is ...
Read Full Story »
Hire Me!

Unemployment Still Far From 5% Recovery Level

Unemployment may tick down to 5.5% for January. While the figure is worth a cheer, it remains far from the less than 5% number that signals a full recovery. The ...
Read Full Story »
EU flag

Can You Trust the New Higher Growth Forecasts in Europe?

What does a massive round of quantitative easing in Europe, an environment of deflationary pressures and a testing of negative interest rates tell you? It spells an economy in trouble. ...
Read Full Story »
Euro

Euro Area Economy Expected to Grow 1.3% in 2015

The European Commission (EC) has gone out on a limb. Its Winter Economic Forecast has put improvement of gross domestic product (GDP) at 1.3% for the euro area in 2015 and 1.9% ...
Read Full Story »
Spain

Hope for Turnaround in Europe

Research firm Markit announced that the eurozone Purchasing Managers' Index (PMI) reached 52.6 for January, better than forecast and better than the preliminary flash figure of 52.2. The new figure offered ...
Read Full Story »