Using fresh data, NERA Economic Consulting concluded again that gas exports would increase real household income and gross domestic product in the United States, despite raising natural gas prices.» Read More
CNBC's Rick Santelli has the latest numbers on the health of the U.S. economy. And CNBC's Steve Liesman and James Bullard, Federal Reserve Bank of St. Louis president & CEO, provide insight on the economic data.
*Salesforce.com raises revenue outlook, shares up. NEW YORK, Feb 28- U.S. stock index futures dipped on Friday, with investors reluctant to make big bets after the S&P 500 closed at a record and ahead of closely watched data on economic growth.
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 at 8:30 a.m. EST. SLOWER GROWTH: The forecast is that growth will be revised lower to an annual rate of 2.5 percent for the fourth quarter, according to a survey by FactSet.
*Focus also on lingering tensions in Ukraine. LONDON, Feb 28- A weakening Chinese yuan and tensions in Ukraine drove investors into the relative safety of the Japanese yen on Friday while shockingly strong Swedish growth numbers propelled the crown higher.
WASHINGTON, Feb 28- The U.S. government is set to slash its estimate of fourth-quarter growth as exports and restocking by businesses were less robust than previously thought, leaving the economy on a more familiar path of modest expansion.
Sen. Rob Portman, (R-OH), discusses ways to reduce taxes, grow the economy, and work with Democrats to move the economy and create jobs.
Ben Broadbent, member of the Bank of England's monetary policy committee, says he expects U.K. GDP forecasts for the second half of 2013 to be revised up.
Robert Wood, chief U.K. economist at Berenberg U.K., discusses the U.K. GDP and says the weakening of consumption is a positive as it shows the recovery may no longer be mainly driven by households' consumption.
Feb 26- The Hong Kong government issued fourth-quarter gross domestic product data on Wednesday showing that the economy grew a seasonally adjusted 1.1 percent over the third quarter of 2013 and rose 3 percent from the same period last year. KEY FIGURES GROSS DOMESTIC PRODUCT tttttttt2013tttttttt 2012. Q4 Q3 Q2 Q1 Q4.
How to play the global economic environment, with David Kelly, JPMorgan Funds, and Paul Hickey, Bespoke Investment Group.
CNBC's Steve Liesman provides insight on the economic impact of bad winter weather on GDP.
*Maintains view Japan's economy recovering moderately. TOKYO, Feb 18- The Bank of Japan maintained its expansionary monetary policy on Tuesday and extended special loan programs to help buoy economic growth, signalling its resolve to keep the positive mood generated by premier Shinzo Abe's reflationary policies from fading.
*Maintains view Japan's economy recovering moderately. TOKYO, Feb 18- The Bank of Japan maintained its expansionary monetary policy on Tuesday and reiterated its upbeat view on the economy, unfazed by recent signs of slower growth and suggesting that any additional stimulus will be some time away.
TOKYO, Feb 18- Japan's Nikkei share average bounced from a 1 1/ 2- week low on Tuesday morning, spurred by a retreat in the yen and investor hopes the central bank will hint of further stimulus after surprisingly soft fourth quarter gross domestic product data.
*Governor Kuroda to brief media at 0630 GMT. TOKYO, Feb 18- The Bank of Japan is expected to keep monetary policy steady on Tuesday and maintain its upbeat view on the economy, unfazed by recent signs of slower growth and suggesting that any additional stimulus will be some time away.
Tomo Kinoshita, chief Japan economist at Nomura, says the sales tax hike in Japan will only create one quarter of negative growth for Japan.
TOKYO, Feb 17- Japan's Nikkei stock average edged up on Monday, taking heart from gains on Wall Street, although trade was choppy after weaker-than-expected economic growth data soured investor sentiment.
BANGKOK, Feb 17- Thailand's economic growth slowed significantly in the final quarter of 2013 and the state planning agency cut its forecast for this year because of political unrest that could prevent the formation of a fully functioning government for months.
*US data disappoints; euro zone, China data more upbeat. SYDNEY/ TOKYO, Feb 17- The dollar languished at a six-week low against a basket of major currencies on Monday, struggling to get over yet more disappointing U.S. economic news that stood in contrast to better data out of the euro zone and China.
Guy Stear, Asia Head of Research at Societe Generale, says dismal consumer and business spending contributed to a weaker-than-expected gross domestic product (GDP) for Japan.