GO
Loading...

GDP

More

  • WASHINGTON, Feb 27- U.S. economic growth braked more sharply than initially thought in the fourth quarter amid a slow pace of stock accumulation by businesses and a wider trade deficit, but the underlying fundamentals remained solid. Gross domestic product expanded at a 2.2 percent annual pace, revised down from the 2.6 percent pace estimated last month, the...

  • *J.C. Penney tumbles after earnings. NEW YORK, Feb 27- U.S. stock index futures were little changed on Friday, with major indexes on track for a fourth week of gains, ahead of readings on economic growth and consumer sentiment. *Later in the session at 10:00 a.m., the University of Michigan's final February reading on consumer sentiment is expected, along with pending...

  • Georgia's GDP growth slows to 0.5 pct in Jan yr/yr Friday, 27 Feb 2015 | 7:17 AM ET

    TBILISI, Feb 27- Georgia's gross domestic product growth slowed down to 0.5 percent in January 2015 from 7.8 percent a year ago, the National Statistics service said on Friday. Georgia has also suffered a decline in exports and foreign investment and the government deficit is rising. Georgia may halve its economic growth forecast for this year to 2.0-2.5...

  • Armenia's GDP growth slows to 3.4 pct in 2014 Friday, 27 Feb 2015 | 7:16 AM ET

    YEREVAN, Feb 27- Armenia's gross domestic product growth slowed to 3.4 percent in 2014 from 3.5 percent in 2013, and was down from an initially projected 5.2 percent, the National Statistics Service said on Friday. It also belongs to Russian President Vladimir Putin's Eurasian Union, a bloc he hopes will rival the European Union. The International Monetary Fund...

  • Ahead of the Bell: US economy-GDP Friday, 27 Feb 2015 | 6:56 AM ET

    WASHINGTON— The Commerce Department issues its second of three estimates of how fast the U.S. economy grew in the October-December quarter. The report will be released Friday at 8:30 a.m. Eastern. SLOWER GROWTH: The expectation is that the overall economy grew at an annual rate of 2.1 percent in the fourth quarter, according to a survey of economists conducted...

  • Greenspan: Effective demand weak as Depression-era Thursday, 26 Feb 2015 | 6:03 PM ET
    Alan Greenspan

    Effective demand is extraordinarily weak, probably tantamount to the later stages of the Great Depression, Alan Greenspan said.

  • TANZANIA SAYS GDP GROWTH SLOWED TO 6.8 PCT YR/YR IN Q3 2014 VS A REVISED 7.4 PCT IN SAME PERIOD OF 2013.

  • MUMBAI, Feb 26- Standard& Poor's sharply raised India's growth forecasts for the next several years to reflect a recent change in how gross domestic product is calculated by the government, and said the economy should be a "bright spot" in Asia. The revisions come after India this month changed the way it measures Asia's third-largest economy.

  • TOKYO, Feb 26- Bank of Japan Governor Haruhiko Kuroda said on Thursday there was no ceiling on how much the central bank would expand its balance sheet relative to the size of the country's gross domestic product. Kuroda also said a median forecast of the BOJ's nine board members produced in January, which is for core consumer inflation to hit 2.2 percent in fiscal...

  • Hong Kong's economy grows 2.2% in fourth quarter Wednesday, 25 Feb 2015 | 12:25 AM ET

    Hong Kong's economy grew 2.2 percent in the fourth quarter of 2014, financial secretary John Tsang said in his annual budget speech on Wednesday.

  • TABLE-Hong Kong Q4 GDP up 0.4 pct s/adj q/q in 2014 Wednesday, 25 Feb 2015 | 12:13 AM ET

    Feb 25- The Hong Kong government issued fourth-quarter gross domestic product data on Wednesday showing that the economy grew a seasonally adjusted 0.4 percent over the third-quarter of 2014 and rose 2.2 percent from the same period last year. KEY FIGURES GROSS DOMESTIC PRODUCT ttttttttt2014ttttttttt 2013. Financial Secretary John Tsang announced 2014...

  • *Shipments to China -20 pct, to Japan -7.5 pct. BANGKOK, Feb 25- Thai exports were far weaker than expected in January and imports tumbled again, renewing pressure on the military government to get the stumbling economy moving. Exports, which equal more than 60 percent of gross domestic product, dropped 3.46 percent in January from a year earlier, the Commerce...

  • Domestic demand propels Q4 expansion in German economy Tuesday, 24 Feb 2015 | 2:02 AM ET

    BERLIN, Feb 24- Stronger domestic demand drove growth in Europe's largest economy in the fourth quarter while foreign trade and gross capital investment also helped, data from Germany's Federal Statistics Office showed on Tuesday. Seasonally-adjusted data confirmed an earlier flash estimate showing that German gross domestic product rose by 0.7 percent...

  • JAKARTA, Feb 24- Indonesia will crack down on corporate tax avoidance via transfer pricing this year to try and recoup 200 trillion rupiah in lost state income, mainly in the commodities sector, the new head of the tax office told Reuters. As a proportion of gross domestic product, Indonesia, Southeast Asia's largest economy, has one of the lowest tax takes in the...

  • RIO DE JANEIRO, Feb 20- State-run Petroleo Brasileiro SA could cost Brazil an amount equal to 5 percent of its gross domestic product in the event of a Treasury bailout, a senior analyst with Moody's Investors Service said, underscoring the potential impact on public finances of a massive corruption scandal at the oil firm. It already makes the company "a...

  • MEXICO CITY, Feb 20- Mexico's economy grew at a faster pace in the fourth quarter but still below expectations, as stronger manufacturing and a construction boom was crimped by flagging oil output, government data showed on Friday. Gross domestic product grew 0.7 percent in the latest quarter compared to 0.5 percent growth in the third quarter, Mexico's...

  • UPDATE 1-OECD raises Italy 2015 GDP forecast to 0.6 pct Thursday, 19 Feb 2015 | 8:12 AM ET

    *Warns market sentiment could turn on Italy. Italy has not posted a single quarter of growth since the middle of 2011.. The 114- page report on Italy's economy contained a 2015 growth forecast of 0.4 percent, but the OECD's head Angel Gurria told reporters at a presentation that the most recent developments had prompted an upward revision.

  • Mexico's central bank lowers growth forecast Wednesday, 18 Feb 2015 | 3:50 PM ET

    MEXICO CITY— Mexico's central bank reduced its growth forecast for the economy citing a "less favorable" environment due to the drop in oil prices and a potential cut in oil production. The Bank of Mexico estimated that the gross domestic product could grow between 2.5 percent and 3.5 percent in 2015, a reduction from its earlier forecast of between 3 percent and...

  • Siegel: Need better growth before rate hike  Tuesday, 17 Feb 2015 | 7:08 AM ET

    Jeremy Siegel, The Wharton School, thinks a June rate hike would be premature.

  • Ukraine GDP falls 15.2 pct in Q4 2014 y/y Tuesday, 17 Feb 2015 | 2:01 AM ET

    KIEV, Feb 17- Ukraine's gross domestic product fell 15.2 percent year-on-year in the fourth quarter of 2014, the Ukrainian statistics service said on Tuesday. GDP fell by 3.8 percent from the third quarter, the data showed. Ukraine's economy has been hammered by a year of political upheaval and war, putting the former Soviet republic on the brink of bankruptcy.