GDP

6 Most Important Things About Business Today

Eurozone gross domestic product rose 0.6% in the third quarter, which was the consensus among economists. Walt Disney Co. (NYSE: DIS) CEO Robert Iger will probably renew his contract again ...
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Economists See No Recession Next Year, Forecast for Accelerated Growth

The National Association for Business Economics' NABE Outlook is among the most carefully watched forecasts for economic growth. Its December survey shows that those questioned say a recession next year ...
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5 Most Important Things in Business Today

CVS Healthcare Corp. (NYSE: CVS), a major provider of pharmaceutical products and benefits, will buy huge insurance company Aetna Inc. (NYSE: AET) in a $69 billion deal. It will create ...
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Amid Market Turmoil, Q4 GDP Forecasts Gets Big Fed Upgrade

On a Friday, when the markets had been glued to headlines around tax legislation, and then again Flynn-Russia-Trump news, the Federal Reserve's view on U.S. gross domestic product (GDP) for the ...
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US GDP Growth Hits 3-Year High

It was no secret that the economic activity was looking stronger in 2017, but now the talk of getting back to 3.0% growth in gross domestic product (GDP) is more ...
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OECD Sees Global Growth Hitting 7-Year High

The global growth story continues. The Organization for Economic Cooperation and Development (OECD) is reporting that the global economy is on pace to have the best year of growth since ...
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Manufacturing Growth Ticked Lower in October, but Still Robust

The Institute for Supply Management (ISM) has released its reading on manufacturing activity in October. While it is slightly lower than the prior reading, the reality is that it was ...
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GDP Growth of 3% Is Starting to Look Like a Streak

For better or worse, gross domestic product (GDP) is how we measure the economy. It is the barometer used to measure growth for economic expansion and to track contractions that ...
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Durable Goods for September May Offer Stronger Support for Q3 GDP

If there is one economic report that can be highly volatile and can look counter-cyclical despite the broader economic direction, that would be the one on durable goods. The U.S. ...
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Chicago Fed Shows National Economic Activity Rebounded in September

The Federal Reserve Bank of Chicago may be a regional branch of the Federal Reserve system, but it releases an economic index that tracks national business activity. This is the ...
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Niger by the Numbers: Its Population and Economy

Most Americans know little or nothing about Niger, the country where four U.S. soldiers were killed in an ambush. It is a small country based on population and one of ...
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6 Most Important Things in Business Today

Long-time American Express Co. (NYSE: AXP) CEO Kenneth Chenault will step down. He leaves a mixed record as the company has been troubled by the success of other credit cards ...
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Can Ireland Withstand Hurricane Ophelia?

2017 has been the strongest hurricane season since at least 2005, and many observers would say that it is a year when the hurricanes and tropical storms just did not ...
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China PMI Surges in Hopeful Sign for World Economy

The National Bureau of Statistics of China released its manufacturing Purchasing Managers Index (PMI) for September. The number was a very healthy 52.4. Any number above 50 signals expansion. Since ...
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5 Most Important Things in Business Today

Revised figures from the U.S. Department of Commerce show that second-quarter gross domestic product rose 3.1%. There is worry about the third quarter. According to Reuters: The U.S. economy expanded ...
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