• The Zambian economy contracted in 2020 by 3.0 percent and grew by a meager 1.0 percent in 2021. (state.gov)
  • Two U.S. economists, Carmen Reinhart and Vincent Reinhart, pointed out in Foreign Affairs that the World Bank has forecast a 5.2 percent decline in global economic output in 2020. (straight.com)
  • The country's debt-to-GDP ratio rose from 67 percent at the end of 2019 to 89 percent at the end of 2020. (state.gov)
  • With the spread of the virus in Sierra Leone and the effects of the global pandemic, the economy is estimated to contract by between 2.3 and 3.1 percent in 2020 and growth could be 1.4 to 2.0 percentage points lower than forecast for the medium term. (worldbank.org)
  • The global economy contracted by 3.5 percent in 2020 according to the April 2021 World Economic Outlook Report published by the IMF, a 7 percent loss relative to the 3.4 percent growth forecast back in October 2019. (brookings.edu)
  • 2020) estimate that African GDP would be permanently 1 percent to 4 percent lower than in the pre-COVID outlook, depending on the duration of the crisis. (brookings.edu)
  • At a global scale, the fiscal support reached nearly $16 trillion (around 15 percent of global GDP) in 2020. (brookings.edu)
  • On a full-year basis, real GDP in 2020 is now expected to contract only 2.2 percent -- up from the November forecast's expectation of negative 2.5 percent - before resuming a positive trajectory in 2021 with growth of 4.5 percent, a 1.2 percentage point improvement from the previous forecast. (fanniemae.com)
  • Consistent with a faster pace of existing sales and strong refinance activity, the ESR Group's mortgage originations forecast was also upgraded for both 2020 and 2021 to $4.29 trillion and $3.47 trillion, respectively. (fanniemae.com)
  • Visit the Economic & Strategic Research site at fanniemae.com to read the full December 2020 Economic Outlook, including the Economic Developments Commentary , Economic Forecast , Housing Forecast , and Multifamily Market Commentary . (fanniemae.com)
  • The IMF in October slashed its forecast for 2019 by nearly a full point to 6.1 percent, while cutting the outlook for 2020 to 7.0 percent. (deccanherald.com)
  • The steep decline eliminated the modest economic growth seen during the first three months of 2020, when the Russian economy expanded by 1.6 percent compared to the same period last year, according to the Ministry of Economic Development. (rt.com)
  • During this pandemic and oil shock, we expect that the provinces of Alberta, Newfoundland and Labrador, and Saskatchewan will fare worse than the national economy (which we forecast to contract by close to 10 percent in 2020). (deloitte.com)
  • IMF forecasts the global economy to contract by 4.9 percent in 2020. (geojit.com)
  • Unfortunately, the latest survey of economists by The Wall Street Journal has forecast a recession for 2023. (aarp.org)
  • The financial crisis, which broke out last autumn, has dragged the global economy in a deep recession that the world has never seen since the World War II, prompting governments to take unprecedented and concerted action to ensure recovery and repair financial systems. (china.org.cn)
  • In a forecast released Wednesday, the International Monetary Fund (IMF) sounded upbeat about a recovery next year, saying global economy is starting to pull out of the recession. (china.org.cn)
  • The global economy is beginning to pull out of a recession unprecedented in the post-World War II era, but stabilization is uneven and the recovery is expected to be sluggish," the Washington-based institution said. (china.org.cn)
  • While the Estonian economy is still growing rapidly when measured in euros, or nominally, real GDP is in recession and Estonia is among the back markers in Europe. (err.ee)
  • Greece is in a fifth year of recession, with the economy forecast to shrink 4.5 percent this year before starting to expand again in 2014 - although by then it will have contracted by more than 17 percent since the beginning of the crisis in 2009. (salon.com)
  • Hong Kong slipped into its second recession in four years in 2001 after its economy-contracted year on year in two consecutive quarters. (china.org.cn)
  • Latin America's giant Brazil is in prolonged recession, China is growing at subpar rates and Russia and other energy economies are squeezed by low oil prices. (campuscircle.com)
  • The Conference Board expects elevated inflation, high interest rates, and contracting consumer spending-due to depleting pandemic saving and mandatory student loan repayments-to tip the US economy into a very short recession. (channel4000.com)
  • Well, the world economy contracted by less than 1% in the Great Recession of 2008 and 2009. (marketplace.org)
  • Inflation is too high but further rate hikes could push the economy into recession," he said. (koreatimes.co.kr)
  • Economists widely predict a recession next year, the Wall Street Journal reported , puncturing President Joe Biden's insistence that "our economy is strong as hell. (freebeacon.com)
  • Economists put the probability of a recession in the next year at 63 percent, up from 49 percent in July, according to a Journal survey published on Sunday. (freebeacon.com)
  • Bloomberg economists on Monday offered an even gloomier forecast, saying the odds of a recession are 100 percent. (freebeacon.com)
  • The U.S. economy contracted in the first quarter by the most since the depths of the last recession as consumer spending cooled. (blogspot.com)
  • In this post, we use growth forecasts from an ECB survey to document the deterioration in the growth outlook and note parallels to late 2008-when Europe was in a deep recession. (newyorkfed.org)
  • The recession in Greece has yet to end, and real GDP is now more than 17 percent below its prior peak. (newyorkfed.org)
  • Spain also experienced a milder recession than the euro area, but its recovery began later and has been progressing at a slower pace, leaving it around 4 percent below peak. (newyorkfed.org)
  • As the chart also shows, the last time these mean growth forecasts were at this level was in fourth-quarter 2008, when Europe was in the middle of a recession. (newyorkfed.org)
  • While 2021 growth recovered, the IMF forecast 2023 real GDP growth of only 4.1 percent remains dependent on Zambia receiving debt relief through the G20 Common Framework. (state.gov)
  • The Hichilema administration has made significant strides reducing inflation, which has dropped from nearly 25.0 percent in July 2021 to 9.9 by the end of March 2023, despite Russia's war of aggression against Ukraine. (state.gov)
  • Compared to the 2023 state budget forecast, deficit will grow by 0.5 percent of GDP and by 1.5 percent of GDP by 2026. (err.ee)
  • Unemployment stayed below 6 percent in 2022, while salary growth came to 9 percent, with the latter forecast to be repeated in 2023. (err.ee)
  • The forecast puts average price advance for 2023 at 9 percent. (err.ee)
  • NEW YORK , Nov. 20, 2023 /PRNewswire/ -- The Conference Board Leading Economic Index® (LEI) for the U.S. fell by 0.8 percent in October 2023 to 103.9 (2016=100), following a decline of 0.7 percent in September. (channel4000.com)
  • The CEI is now up 0.9 percent over the six-month period between April and October 2023 , compared to 0.4 percent growth over the previous six months. (channel4000.com)
  • The Conference Board Lagging Economic Index® (LAG) for the U.S. improved by 0.1 percent in October 2023 to 118.6 (2016 = 100), following the same rate of increase as in September. (channel4000.com)
  • The LAG is up slightly by 0.3 percent over the six-month period from April to October 2023 , down three-fold from its 0.9 percent growth over the previous six months. (channel4000.com)
  • After missing its 2022 goal by a wide margin, the Chinese government has set a modest 2023 GDP growth target of some 5 percent. (bignewsnetwork.com)
  • The economists surveyed gave "increasingly gloomy" forecasts for 2023, saying they expect GDP to "contract in the first two quarters of the year," causing employers to cut jobs. (freebeacon.com)
  • At its peak in June, the Consumer Price Index, the government's main gauge of inflation , rose 9.1 percent compared with June 2021, according to the U.S. Bureau of Labor Statistics. (aarp.org)
  • While inflation dipped slightly in September and October, the Fed's target of 2 percent is likely to take time to hit. (aarp.org)
  • Abe quickly announced a ¥10.3 trillion stimulus bill, and appointed Haruhiko Kuroda to head the Bank of Japan with a mandate to generate a 2 percent target inflation rate through quantitative easing. (wikipedia.org)
  • The ministry puts 2024 inflation at 3 percent. (err.ee)
  • Inflation remains non-existent, which worries the Federal Reserve, but with unemployment at 5 percent we expect to see rising take-home pay that will translate into higher sales," Hackett Associates Founder Ben Hackett said. (multichannelmerchant.com)
  • And we need to do that, because our economy is very weak and inflation is very low. (blogspot.com)
  • when the economy begins to recover, that will be the time that we need to unwind those programs, raise interest rates, reduce the money supply, and make sure that we have a recovery that does not involve inflation. (blogspot.com)
  • Inflation is seen by Morgan Stanley at 1.9 percent in 2018 and 2.6 percent in the upcoming year. (thefirstnews.com)
  • Should we avoid that, and it appears that is a high probability, we come back to a trajectory of a slowing economy, still-too-high inflation and restrictive monetary policy," said Bill Northey, senior investment director at U.S. Bank Wealth Management. (koreatimes.co.kr)
  • As the Central Bank is following the inflation-targeting framework, RBI has it's objective to maintain the inflation rate at 4 percent,+/- 2 percent. (geojit.com)
  • In June'20, the inflation rate as measured by Consumer Price Index (CPI) slightly crossed the upper band of 6 percent at 6.1 percent. (geojit.com)
  • Short-term forecasts project a sluggish recovery throughout 2021, with the country not projected to return to pre-pandemic levels of growth and tourism until 2024. (state.gov)
  • The economy might struggle to hit its forecasted growth of around 3.4 percent in 2021, and in fact may contract by an additional 10 percent. (state.gov)
  • Private bondholders will trade their bonds with new ones carrying much longer maturities and lower interest rates - an annual 2 percent by 2015, 3 percent to 2021 and 4.3 percent after that. (salon.com)
  • While the global economy is expected to recover this year, the level of GDP at the end of 2021 in both advanced and emerging market and developing economies (EMDE) is projected to remain below the pre-virus baseline (Figure 3). (brookings.edu)
  • The IMF (2021) projects that in 2024 the World GDP will be 3 percent (6 percent for low-income countries (LICs)) below the no-COVID scenario. (brookings.edu)
  • Even though sales are expected to taper in the coming months - in part due to both a lack of existing homes for sale and construction capacity constraints - the home sales forecast for 2021 was improved to 6.66 million from 6.41 million. (fanniemae.com)
  • Even though near-term economic growth may be slowing, as made evident by the latest employment data, we believe the high probabilities of a successful COVID-19 vaccine distribution and additional federal stimulus will carry the economy through a relatively soft first half of 2021 before accelerating in the second half," said Doug Duncan, Fannie Mae Senior Vice President and Chief Economist. (fanniemae.com)
  • The long-term development policy of Mongolia, its priorities, and strategies for their implementation and expected outcomes are defined in the MDG-based Comprehensive National Development Strategy of Mongolia in two phases: first, to achieve the Millennium Development Goals and intensive development of its economy in 2007-2015, and second, to make a transition to knowledge-based economy in 2016-2021. (who.int)
  • This represents an approximate 18 percent drop from 2019 due to the impact of COVID-19 on the country's tourism-dependent economy. (state.gov)
  • Prior to the COVID-19 crisis, Sierra Leone's economy grew by 5.1 percent in 2019 driven mainly by robust activities in agriculture and services. (worldbank.org)
  • The global financial services firm also lowered Poland's 2019 GDP forecast to 3.8 percent from 4.0 percent. (thefirstnews.com)
  • Morgan Stanley experts said on Monday that although Poland's GDP will slow down to 3.8 percent in 2019 from 5.1 percent in 2018, the growth rate is still above the potential. (thefirstnews.com)
  • According to Morgan Stanley, private consumption is to grow by 4.4 percent year on year in 2018 and 3.5 percent in 2019. (thefirstnews.com)
  • Contributions to this growth rate came from the growth of domestic demand in the private sector (2.9 percent) and the growth of foreign demand (0.8 percent), offset by a mild decline in government spending (minus 0.6 percent). (monthlyreview.org)
  • The government also revised its July September figures to show a 0.3 percent decline in the country's GDP, versus the earlier declared 0.1 percent growth. (monthlyreview.org)
  • Forecasts ranged from a decline of 0.9 percent to a gain of 2 percent. (ghanabusinessnews.com)
  • New data from China's Customs Bureau reported that exports dropped 7.5 percent year-on-year in May, higher than the predicted 0.4 percent fall and the largest decline since January, while imports contracted 4.5 percent, slower than an expected 8.0 percent decline and April's 7.9 percent drop. (bignewsnetwork.com)
  • Other drags on growth were a fall in exports, down at a rate of 5.2 percent, a decline in residential investment at an annual rate of 1.5 percent-the sixth negative quarter in a row-and a draw-down in inventories, which cut 0.85 percentage points from the overall result. (wsws.org)
  • However, the IMF still expects the global economy to contract 1.4 percent this year, signaling the recovery would be sluggish. (china.org.cn)
  • The nation's annual GDP contraction is set to stand at five percent, while the country expects to return to pre-coronavirus levels no sooner than the first half of 2022. (rt.com)
  • Marvell Technology surged a record-setting 32.4 percent after the chipmaker said it expects AI revenue in fiscal 2024 to at least double from the prior year. (koreatimes.co.kr)
  • The initial relief created Tuesday by the 17-nation eurozone's approval of a new euro130 billion ($170 billion) rescue package was offset by a grim reality: Greece faces many more years of sacrifice, on top of a grueling 24 months of austerity measures that have contributed to record high unemployment and a rapidly contracting economy. (salon.com)
  • Unemployment is at 21 percent, with one in two workers under 25 out of a job. (salon.com)
  • Spain last week forecast its economy will contract 1.6 percent this year before a slight pick up in 2010, with unemployment to climb from 13.4 to 15.9 percent. (euobserver.com)
  • But European Commission estimates are even more pessimistic, saying unemployment will hit 16.1 percent this year and almost 19 percent in 2010. (euobserver.com)
  • As unemployment soars, government tax revenues will shrink while spending on social support will increase, with Spain's public deficit to reach 6.2 percent of GDP this year, Brussels forecasts. (euobserver.com)
  • Youth unemployment is a particular worry in the country, the member state with the highest rates of young jobless, already on 29.4 percent. (euobserver.com)
  • A separate government report today showed more Americans than forecast filed claims for unemployment insurance last week, underscoring the threat to spending from the continued deterioration in the job market. (ghanabusinessnews.com)
  • That has weakened the economy and worsened unemployment, which is at 12 percent in the 17-country bloc that uses the euro. (manufacturing.net)
  • Sales there fell 13 percent in March despite low unemployment. (manufacturing.net)
  • Five economists polled by Reuters predicted first-quarter GDP would contract 1.2 percent year on year to a 0.5 percent expansion. (china.org.cn)
  • Retail sales were projected to rise 0.8 percent, according to the median estimate of 76 economists in a Bloomberg News survey. (ghanabusinessnews.com)
  • After the report, economists at Morgan Stanley in New York projected the economy will expand at a 3.7 percent annual pace this quarter, down from a prior estimate of 4.2 percent. (ghanabusinessnews.com)
  • The eurozone economy contracted in the fourth quarter last year and economists expect it to shrink again in the first quarter. (manufacturing.net)
  • The ministry forecasts the Estonian economy to contract by 1.5 percent this year, with growth returning in 2024 at 3 percent. (err.ee)
  • We forecast that real GDP will expand by just 0.8 percent in 2024. (channel4000.com)
  • Countries with emerging economies - India and Latin American countries - can't afford to borrow enough to address the effects of the pandemic. (marketplace.org)
  • Due to strong demand for services and a backlog of orders following the COVID-19 pandemic, the Chinese economy grew faster than expected in the first quarter. (bignewsnetwork.com)
  • More than 70 percent of those infected in India have recovered, it added. (atlanticcouncil.org)
  • Asia is emerging to become an important global development epicenter in addition to America and Europe, and this process is gaining momentum with rapidly developing economies and growing populations of India and China and attracting due attention of the world. (who.int)
  • BUENOS AIRES June 25 (Reuters) - Argentina's economy grew at its fastest pace in nearly two years in April, expanding 9.7 percent from a year earlier, the government said on Friday. (algodonwineestates.com)
  • Argentina's economy grew 0.9 percent in 2009, according to official data, but many analysts say it probably contracted by 2 percent or more. (algodonwineestates.com)
  • Gross domestic product (GDP) grew at an annual rate of 2.1 percent compared to an expansion of 3.1 percent in the first quarter, with business investment falling for the first time since 2016. (wsws.org)
  • During the15th - 16th centuries, native Amerindian populations contracted strange diseases through their contacts with Europeans. (vanguardngr.com)
  • The Estonian economy shrank by 1.3 percent last year, and even though the outlook is better for this year, this will not be enough to return things to the black, the ministry writes, adding that the future seems somewhat brighter as most countries are already seeing recovery. (err.ee)
  • The GDP shrank 0.4 percent and 1.6 percent in the third and fourth quarter of 2001, respectively. (china.org.cn)
  • Given the disappointing April results, the ministry now estimates that Russia's GDP shrank by 1.9 percent over the first four months of this year. (rt.com)
  • A second lockdown in Spain would have a catastrophic effect on the economy, CEOE, the country's main business lobby, warned on August 13, Bloomberg reported. (atlanticcouncil.org)
  • National Development Strategy of Mongolia defines in a comprehensive manner its policy for the next fourteen years aimed at promoting human development in Mongolia, in a humane, civil, and democratic society, and developing intensively the country's economy, society, science, technology, culture and civilization in strict compliance with global and regional development trends. (who.int)
  • According to an earlier forecast, the second quarter could be the most painful for the Russian economy, as it is expected to shrink by more than nine percent. (rt.com)
  • In its World Economic Outlook update, the IMF said the Saudi economy -- which contracted by 0.9 percent last year -- would grow by 1.9 percent in 2018, up 0.2 percentage points from its April projections. (alarabiya.net)
  • Morgan Stanley's analysts have upgraded Poland's GDP growth forecast for 2018 to 5.1 percent from its earlier 4.9 percent estimate. (thefirstnews.com)
  • In another indication of a slowing US economy, the growth figure for 2018 was revised down from 3 percent, which the Commerce Department had previously reported, to 2.5 percent. (wsws.org)
  • Similarly, banks are parking the excess funds with the RBI, even when the reverse repo rate is at a meager rate of 3.35 percent. (geojit.com)
  • Comparable-store sales trailed the company's forecast. (ghanabusinessnews.com)
  • U.S.-based Ford Motor Co. lost $462 billion in Europe and called the outlook there "uncertain," although the company's global earnings rose 15 percent to $1.6 billion. (manufacturing.net)
  • IMF chief economist Gita Gopinath last week said India's slowdown had 'surprised to the downside,' and said the fund is set to significantly downgrade its growth estimates for the Indian economy in the World Economic Outlook which will be released next month. (deccanherald.com)
  • A Reuters poll of 11 analysts gave a median outlook for growth of 7.0 percent in April, with estimates ranging from 6 to 8 percent. (algodonwineestates.com)
  • Massive fiscal and monetary policy stimulus" that came together to prop up the economy has caused debt to balloon and stocks to become potentially overvalued, posing " the serious risk of a looming global financial crisis as central banks begin to shift away from easy (monetary) policy at some point in the years to come. (theeconomiccollapseblog.com)
  • Meanwhile, government debt will rise as countries borrow to prop up their economies. (marketplace.org)
  • And the federal debt-to-GDP ratio is forecast to go from 31 percent last year up to 49 percent in the current fiscal year. (straight.com)
  • First, the average price of a home today in the Capital Region is around $172,000, down 6 percent from this time last year. (dailygazette.com)
  • Import cargo volume at the nation's major retail container ports is expected to increase 8.3 percent this month over the same time last year as consumers begin their holiday shopping, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates. (multichannelmerchant.com)
  • Those numbers would bring 2015 to a total of 18.35 million TEU, up 6.1 percent from last year. (multichannelmerchant.com)
  • The first half of 2015 totaled 8.9 million TEU, up 6.5 percent over the same period last year. (multichannelmerchant.com)
  • Latin America's No. 3 economy has rebounded from a sharp slowdown last year, driven by increased consumer spending and demand for Argentine-made cars in neighboring Brazil. (algodonwineestates.com)
  • It was estimated that the world economic growth will recover to 2.5 percent in 2010, rather than the 1.9 percent predicted in a previous forecast. (china.org.cn)
  • This comes as the International Monetary Fund (IMF) on Monday raised its growth forecast for the world's top crude exporter Saudi Arabia, citing higher oil prices. (alarabiya.net)
  • Slowing demand at home and abroad have both hit the world's second largest economy, with the ripple effects being felt around the wider region. (bignewsnetwork.com)
  • The deficit will grow in the central and local government budgets as both are affected by lower-than-forecast tax receipt and growing interest payments. (err.ee)
  • Ukraine will need an estimated $3 billion to $4 billion in external financing help per month next year to keep its economy running as Russia's war drags on, International Monetary Fund Managing Director Kristalina Georgieva said on Wednesday, according to Reuters . (voanews.com)
  • India's government must take steps quickly to reverse the economic slowdown of an economy that has been one of the engines of global growth, the International Monetary Fund said Monday. (deccanherald.com)
  • The International Monetary Fund Wednesday released a pretty downbeat economic forecast. (marketplace.org)
  • On Dec. 13, the government reported that the CPI had gained 7.1 percent over the 12 months ended in November. (aarp.org)
  • Cumbersome administrative procedures and unpredictable legal and regulatory changes continue to inhibit Zambia's immense potential for private sector investment, compounded by insufficient transparency in government contracting, ongoing lack of reliable electricity, and a high cost of doing business due to poor infrastructure, high cost of capital, and the lack of skilled labor. (state.gov)
  • A key challenge for the Government is to diversify the economy to raise real income per capita growth above the population growth of 2.1 percent in order to ensure that the gains in reducing poverty and inequality are sustained. (worldbank.org)
  • On February 16, 2005, data revealed by the Japanese government showed GDP declining by 0.1 percent in the three-month period ending in December 2004 as compared to a forecast of 0.1 percent growth. (monthlyreview.org)
  • Following these data, eight private research institutes revised their growth rate projections for 2005 downward, to predict, on average, a rate of 1.1 percent instead of the 1.6 percent forecast by the government. (monthlyreview.org)
  • Salgado said 'the government needs to reinvigorate the reform agenda,' including restoring the health of the financial sector in order to 'enhance its ability to provide credit to the economy. (deccanherald.com)
  • In the first four months this year, the number of visitors to Hong Kong rose 14.2 percent against a year ago largely due to the surge in mainland arrivals, according to government data. (china.org.cn)
  • The government is also expected to revise its 1 percent GDP growth forecast today. (china.org.cn)
  • Excluding autos, gasoline and building materials - the retail group the government uses to calculate gross domestic product figures for consumer spending - sales dropped 0.2 percent after no change in June. (ghanabusinessnews.com)
  • European car sales have fallen for 18 consecutive months as the continent's economy wilted during its financial crisis over too much government debt. (manufacturing.net)
  • The government forecasts the economy will expand by 5 percent this year. (algodonwineestates.com)
  • January 2016 is forecast at 1.46 million TEU, up 18.5 percent from weak numbers seen a year earlier just before West Coast dockworkers agreed in February 2015 on a new contract that ended a months-long labor dispute. (multichannelmerchant.com)
  • February 2016 is forecast at 1.41 million TEU, up 17.9 percent, also skewed by the labor dispute. (multichannelmerchant.com)
  • As Obama builds an economic team consisting entirely of Wall Street insiders, a decision he, and all of us, will come to deeply regret, the economy keeps on tanking like there's not even a tomorrow morning. (blogspot.com)
  • This year's fiscal situation owes to previous years' decisions to hike fixed costs, which, coupled with a cooling economy, will lead to a deficit of €1.7 billion or 4.3 percent of GDP, the Finance Ministry's spring economic forecast finds. (err.ee)
  • According to The Annual Economic Fiscal Report (July 2004) prepared by the Ministry of Economic and Fiscal Policy, the Japanese economy is recovering from the prolonged stagnation that began with the bursting of the financial bubble in 1990 91. (monthlyreview.org)
  • The annualized rate of GDP growth in the quarter January March 2004 was said to have reached 5.6 percent and especially encouraged the official expectation of a strong economic recovery. (monthlyreview.org)
  • Current economic and financial market conditions have highlighted structural weaknesses in the Spanish economy," the agency said in a statement. (euobserver.com)
  • The Teranet-National Bank Composite House Price Index rose 0.6 percent last month and was up 3.8 percent year-over-year, but this strength is bound to evaporate as the effects of the economic lockdown unfold. (deloitte.com)
  • A regularly updated snapshot by Deloitte Economics that provides commentary from Chief Economist, Craig Alexander on the latest developments shaping Canadian and international economies including, economic growth, business investment, trade, and market activity. (deloitte.com)
  • The Journal report came out the day after Biden pooh-poohed terrible economic numbers, telling reporters that "our economy is strong as hell. (freebeacon.com)
  • US economic growth slowed in the second quarter of the year, largely as a result of falling investment, amid a slowing global economy and rising trade tensions. (wsws.org)
  • In fiscal year 2004, Japanese exports are estimated to reach 59.4 trillion yen, or 11.8 percent of GDP, resulting in a 13.4 trillion yen trade surplus as well as an 18.4 trillion yen international current account surplus. (monthlyreview.org)
  • Despite a 2.2 percent growth in exports in March, the value of exports in the first quarter decreased 6.2 percent over a year earlier. (china.org.cn)
  • Britain accounts for only about 4 percent of U.S. exports, cautioned Jay Bryson, a global economist with Wells Fargo Securities in Charlotte, N.C. And exports make up about 10 percent of the U.S. economy, so even if the dollar remains unusually strong, it won't be crippling. (campuscircle.com)
  • The weak exports confirm that China needs to rely on domestic demand as the global economy slows," said Zhiwei Zhang, chief economist at Pinpoint Asset Management, as reported by Reuters. (bignewsnetwork.com)
  • The PMI's subindexes also showed factory output began to contract, while new orders, including new exports, fell for a second consecutive month. (bignewsnetwork.com)
  • One of the key factors in the strengthening of recessionary trends, above all in the Germany, the key euro zone economy, is the sharp fall in exports. (wsws.org)
  • The November 2014 forecast for West Coast imports during January-October 2015, for example, turned out to be within 1 percent of the 8.97 million TEU actually imported during the period. (multichannelmerchant.com)
  • Falling tax revenue and ballooning current spending will result in a fiscal deficit of €1.7 billion or 4.3 percent this year, the Ministry of Finance forecasts. (err.ee)
  • In face of significant risks, the G8 leaders pledged to take necessary steps, including further stimulus measures, to return the global economy to a strong, stable and sustainable growth path, adding fiscal sustainability in the medium term should also be ensured. (china.org.cn)
  • We will take, individually and collectively, the necessary steps to return the global economy to a strong, stable and sustainable growth path, including continuing to provide macroeconomic stimulus consistent with price stability and medium-term fiscal sustainability," they said. (china.org.cn)
  • Volkswagen, which is based in Wolfsburg, Germany, and includes the Audi, Porsche, Skoda and Seat brands, blamed weak European demand for a 1.6 percent drop in first quarter sales. (manufacturing.net)
  • Russia's gross domestic product (GDP) fell by 12 percent year-on-year in April, when the countrywide non-working period to contain the spread of Covid-19 was in place. (rt.com)
  • In the fiscal year 2003 (up through March 2004) for instance, the Japanese real Gross Domestic Product (GDP) was said to have grown by 3.2 percent. (monthlyreview.org)
  • Gross domestic product fell at a 2.9 percent annualized rate, more than forecast and the worst reading since the same three months in 2009, after a previously reported 1 percent drop, the Commerce Department said today in Washington. (blogspot.com)
  • As per the Financial Stability Report of the RBI, gross non-performing assets (GNPA) of the banks might increase from 8.5 percent in March'20 to 12.5 percent by March'21.In the worst scenario, it could even touch 14.7 percent in March'21. (geojit.com)
  • But the low is forecast to be relatively short and the real estate market expected to bounce back despite high interest rates as the labor market remains robust. (err.ee)
  • The jobless rate climbed to a record high of 7 percent by March and, consequently, deflation prevailed. (china.org.cn)
  • A financial boom driven by high oil and cate a contracting population. (who.int)
  • For the second-quarter 2017, TechTarget, Inc. forecasts revenue to be in the range of $25.50 million to $27 million. (myiris.com)
  • The data on investment and industrial production show that the pro-corporate tax cuts carried out by the administration at the end of 2017 have failed to produce the resurgence forecast by Trump. (wsws.org)
  • Purchases decreased 0.1 percent, the first drop in three months, as shrinking demand at department stores such as Macy's Inc. and Wal-Mart Stores Inc. overshadowed a boost from the cash-for-clunkers automobile incentive program, Commerce Department figures showed today in Washington. (ghanabusinessnews.com)
  • Until we start seeing job growth, consumers are still going to be very cautious," said Michael Gregory, a senior economist at BMO Capital Markets in Toronto, which accurately forecast the drop in purchases excluding automobiles. (ghanabusinessnews.com)
  • Kadri Klaos, head of the state finance service of the Finance Ministry, said that the ministry lowered coming years' tax revenue forecasts by €200 million compared to the current state budget strategy. (err.ee)
  • The study participants identified development partners as the most likely potential users of HTA (66.7 percent of participants), followed by Ministry of Health (43.3 percent). (bvsalud.org)
  • The Japanese economy had contracted by 0.2 percent in the April June quarter. (monthlyreview.org)
  • Its contribution to the 2003 growth rate, as we have seen, was assessed to be 0.8 percent, or a quarter of the total 3.2 percent growth. (monthlyreview.org)
  • Analysts believed that the GDP figure would show some improvements in the economy over the previous quarter, but was likely to remain negative. (china.org.cn)
  • Macy's, the second-biggest U.S. department store chain, said yesterday it cut inventories 7.5 percent in the second quarter from a year ago as sales dropped. (ghanabusinessnews.com)
  • Germany's Volkswagen AG said its first-quarter net profit fell 38 percent to 1.95 billion euros ($2.5 billion), while Daimler AG's was down 60 percent at 564 million euros. (manufacturing.net)
  • Non-residential fixed investment, which reflects spending on things ranging from software and research to equipment and structures, fell by 0.6 percent, compared with a rise of 4.4 percent in the first quarter. (wsws.org)
  • Industrial production declined by 1.9 percent in the first quarter and by 1.2 percent in the second. (wsws.org)
  • The ECB-SPF asks participants for a one-year-ahead growth forecast (currently covering third-quarter 2011 to third-quarter 2012 because of publication lags for GDP) and a one-year/one-year-forward growth forecast (currently covering third-quarter 2012 to third-quarter 2013). (newyorkfed.org)
  • Over the medium term, avoiding stagflation may require a combination of actionable measures that improve the resilience of the economy by shoring up productivity and job creation. (worldbank.org)
  • Stock investors focused on new worries about the coronavirus and economy, selling into a market Monday that was already technically shaken and set for further declines . (theeconomiccollapseblog.com)
  • Nearly 90 percent of New York City bar and restaurant owners couldn't pay their rent in August, heightening the continued crush the coronavirus shutdown has inflicted on Gotham's economy. (theeconomiccollapseblog.com)
  • Housing investments are forecast to come down due to soaring interest rates. (err.ee)
  • The extremely low interest rates should also attract buyers as the forecast is for interest rates to rise later this year. (dailygazette.com)
  • And by lowering interest rates, we hope to stimulate the economy to grow faster. (blogspot.com)
  • This is the third time since October that the organization has raised its growth forecasts for the kingdom, reflecting soaring oil revenues which make up more than 70 percent of Saudi income. (alarabiya.net)
  • The real GDP growth rate in 2003 was revised from 3.2 to 1.9 percent, so as to give the impression that the growth rate in 2004 had risen. (monthlyreview.org)
  • While a recovery recently appeared to be under way in Ireland, real growth is still 12 percent below peak. (newyorkfed.org)
  • Agriculture and mining remain headlining sectors for the Zambian economy. (state.gov)
  • Sectors of the economy focused on consumer demand suffered most. (rt.com)
  • The Canadian economy expanded by 0.1 percent in January, with growth in 12 of 20 sectors - and no one cares. (deloitte.com)
  • Consumer demand is plunging throughout the entire economy, not just for automobiles. (blogspot.com)
  • A: I think our biggest challenge is the economy and the lack of consumer confidence. (dailygazette.com)
  • The central bank slashed its annual growth forecast to 5 percent from 6.1 percent, as consumer demand and manufacturing activity contracts. (deccanherald.com)
  • The consumer price index last month spiked to 8.2 percent. (freebeacon.com)
  • In addition to providing a stronger counterweight to China in the Asia-Pacific region, strengthening the Japanese economy is also intended to make Japan less reliant on the United States for defense. (wikipedia.org)
  • Most worrying for the automakers is that the slump in car sales has spread from indebted countries such as Greece, Spain and Italy to the traditionally stronger ones, like Germany, the continent's biggest economy. (manufacturing.net)
  • At the New York Fed, our mission is to make the U.S. economy stronger and the financial system more stable for all segments of society. (newyorkfed.org)
  • Excluding automobiles, sales fell 0.6 percent, also worse than anticipated and the biggest drop since March. (ghanabusinessnews.com)
  • The IMF projects that the U.S. economy is likely to fare even worse than the global one. (marketplace.org)
  • Germany's DAX exchange finished more than 3 percent lower, and the Dow Jones industrial average fell by 1.5 percent, or 260 points. (campuscircle.com)
  • Although stores and food retailers remained open the whole time, their turnover also fell by 9.3 percent. (rt.com)
  • The price on the futures contract for West Texas Intermediate crude oil for delivery in May fell into negative territory and dropped to -$37.63 US dollars. (deloitte.com)
  • Renault's sales dropped even more, by 12.6 percent to 7.74 billion euros ($10.1 billion) from 8.85 billion euros a year earlier. (manufacturing.net)
  • Crude oil stockpile at Cushing, where much of WTI priced crude oil is stored has surged by 48 percent since February. (deloitte.com)