Why economist forecasts of a U.S. recession were so wrong
Breadcrumb Trail LinksInvestorFinancial TimesThe factors that explain why a contraction has been a no-showAuthor of the article:Financial Times Edward YardeniPublished May 27, 2024 • 3…
Breadcrumb Trail LinksInvestorFinancial TimesThe factors that explain why a contraction has been a no-showAuthor of the article:Financial Times Edward YardeniPublished May 27, 2024 • 3…
A booming services sector helped Britain's economy exit a mild recession to rebound strongly in the first quarter of the year, growing at its fastest…
In short: Credit reporting firm illion finds that the number of small businesses at risk of collapse has jumped by 20 per cent in a…
The economy grew by 0.1%, official figures show, with the production sector providing the biggest boost. Source link
Breadcrumb Trail LinksPMN BusinessThe UK economy grew for a second month in February, suggesting a recovery from recession is now under way.Author of the article:Bloomberg…
Political parties trade blame for economic slump that follows aggressive interest rate hikes to tame inflation. New Zealand has slipped into its second recession in…
Strong capital expenditure helped the Japanese economy grow by 0.4% in the October-December period compared with the same period the previous year, revised government figures…
Breadcrumb Trail LinksPMN BusinessThe UK and Japan both fell into recession at the end of last year, marked by two consecutive quarters of contracting activity.Author…
Breadcrumb Trail LinksPMN BusinessAuthor of the article:The Associated Press Stan Choe And Christopher RugaberPublished Feb 15, 2024 • 5 minute read Article contentNEW YORK (AP)…
Britain’s gross domestic product shrank by 0.3 percent in the last three months of 2023, after contracting 0.1 percent in the third quarter. The United…
Breadcrumb Trail LinksPMN BusinessGermany continued to dodge a recession in the wake of the energy crisis, despite output shrinking at the end of 2023 and…
Four years into the economic and financial crisis, Lebanon’s macroeconomic framework remains severely impaired. According to the latest World Bank Lebanon Economic Monitor released today,…
On 15 Nov 2023, the European Commission’s Autumn Forecast revised EU GDP growth down compared its summer projection. “The Europe economy has lost momentum this…
The euro zone appears to be in the middle of another recession but worries about whether definitive growth figures due early next year will have…
The Australian dollar has come under heavy and sustained selling pressure, falling to 63.13 US cents earlier today.Key points:The Australian dollar has come under heavy…
Can anything slow the U.S. economy?Despite high interest rates and inflation, the economy grew solidly in the second quarter as a slowdown in consumer spending…
The blame game is on in earnest.As the debilitating impact of a dozen rate hikes in a little over a year has begun to hammer a large…
Over the past year, economists have proclaimed that the U.S. is headed toward recession so relentlessly, you might think we’re already knee-deep in a slump.But…
Good morning everyone, Australia's sharemarket lost ground on Wednesday, and the futures index suggests that negative momentum will continue this morning when trading begins. This…
A deal in the coming days to raise the nation’s debt limit won’t necessarily sound an all-clear signal for the U.S. economy.Sure, it would avert…