GDP

How Much Has the Shale Boom Boosted GDP During the Great Recovery?

If you have been out to West Texas or driven through much of North Dakota where unconventional oil drilling has taken off, it's obvious that a lot of money gone ...
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Is Germany Teetering on Another Technical Recession?

Most economists and market participants consider a recession as two consecutive quarters in which gross domestic product (GDP) growth is negative. There are of course variations to what may really ...
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Trade War May Not End Before Election

What if the trade war goes on past the election? Both the U.S. and Chinese economies could be deeply damaged. The presidential election could easily be affected. China's top leadership, ...
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Second Quarter GDP Stronger Than Expected as Consumers Show Strength

The Commerce Department reported on Friday that the domestic economy grew at a rate of 2.1% in the second quarter of 2019. The better-than-expected report on Gross Domestic Product (GDP) ...
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China GDP Growth Collapses in Q2

China's gross domestic product growth rate collapsed in the second quarter to 6.2%. Several media reported that this was the slowest rate in 27 years, which includes the period through ...
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Weak Durable Goods in May Should Act as a Drag on Q2 GDP

If there is one industrial component that can help sway the impact of gross domestic product (GDP), look no further than the monthly report on durable goods. These big-ticket items ...
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Fitch Quantifies GDP Growth Damage for 2020 If More Tariffs Come

It is not at all unusual for economists and market watchers to worry about trade tensions escalating. Where things break apart between the glass viewed as half-empty or half-full is ...
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Fed Models Suddenly Call for Stronger Than Expected GDP Growth

With all the media's calls for a recession in the coming quarters, the public frequently gets very mixed information and opinions about the real state of the economy. The first ...
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Why NABE Thinks a Recession Is Off the Menu in 2019

The National Association for Business Economics (NABE) released its survey for the month of May, and despite overarching concerns about recession and trade wars, the panel saw a favorable outlook ...
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Atlanta and New York Federal Reserve Banks Point to Much Slower GDP Trends

The first quarter of 2019 was a serious surprise in growth, with gross domestic product coming in at 3.1%. While it was revised down from the first preliminary reading of ...
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Opinions Grow That Trade War Will Hit US Growth

A number of analysts have looked at what the huge trade war between China and the United States will do to the growth of the two nations and the world ...
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Weak Retail Sales May Sour GDP Growth Targets for the Second Quarter of 2019

Retail sales are often volatile on a monthly reporting basis, and the markets are getting to deal with a fresh round of negative news when it comes to the consumer ...
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Tariffs Are Much Worse for China Than US and This Is Why

It is without a doubt that the two bombshell tweets from President Donald Trump on Sunday indicated that the trade talks on tariffs and intellectual property issues had gone way ...
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China Trade War’s Rapid Route to Recession

President Trump tweeted that the Chinese had not done enough to settle a trade war with the United States. His plan, according to his tweets, is to lift 10% tariffs, ...
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Strong 3.2% GDP Growth in Q1 Creates Confusion for Bulls and Bears Alike

The economy is running much hotter than economists, investors and Federal Reserve officials would have guessed. Real gross domestic product (GDP) rose by an annualized rate of 3.2% during the ...
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