Economic Reports GDP

  • Q4 GDP increases 2.6%, jobless claims 225,000 vs 220,000 expected

    First-time claims for state unemployment benefits were expected to total 225,000, in line with the prior week's total. Fourth quarter productivity was revised up 1.9 percent, which is above estimates. CNBC's Rick Santelli reports.

  • Australia's economy is looking 'pretty soft': AMP Capital

    Diana Mousina of AMP Capital says Australia's GDP growth is likely to disappoint the expectations of the central bank for 2019.

  • TOKYO, March 6- Asian stocks held their ground on Wednesday as Chinese equities rallied on stimulus hopes, although a resurgence in regional tensions capped broader gains with North Korea opting to restore part of a missile test site it had began dismantling earlier. Spreadbetters expected European stocks to open slightly lower following a dip on Wall Street,...

  • *RBA Governor Philip Lowe still upbeat about the economy. SYDNEY, March 6- Australia's top central banker sounded sanguine about a sharp slowdown in the country's property market on Wednesday saying it was unlikely to derail momentum even as data showed the $1.3 trillion economy hit an airpocket last quarter. The dismal figures sent the Australian dollar to a...

  • SYDNEY, March 6- Australia's economy slowed sharply in the second half of last year as consumers shut their wallets and housing construction pulled back, data showed on Wednesday, sending the local currency to a two-month trough. The gross domestic product figures showed the A $1.8 trillion economy expanded 0.2 percent in the fourth quarter, slower than the 0.3...

  • It would be dangerous if Chinese growth continued rapidly: Aberdeen

    Mike Brooks of Aberdeen Standard Investments says China setting its economic growth target as 6 percent to 6.5 percent is a "recognition of reality."

  • It's 'realistic' for China's GDP growth target to be a range: Investor

    Chou Chong of Ostrum Asset Management says it would be 'a bit inexact' for China to pinpoint a specific number for its forecast of economic growth.

  • target@ SHANGHAI, March 5- China's yuan inched up against the U.S. dollar on Tuesday, on lingering optimism a deal ending the trade war with the United States will be reached and as the market shrugged off Beijing's announcement of a lower economic growth target for 2019. At the opening of the annual National People's Congress session, Premier Li Keqiang gave a...

  • *GDP due 2350 GMT March 7. TOKYO, March 5- Japan's economy likely expanded faster than initially estimated in the fourth quarter due to stronger business investment, a Reuters poll showed on Tuesday. "We forecast capital spending and inventory investment to have been revised up from the initial reading," said Kentaro Arita, senior economist at Mizuho Research...

  • SHANGHAI, March 5- China's yuan inched up against the U.S. dollar on Tuesday, on lingering optimism a deal ending the trade war with the United States will be reached while the market shrugged off Beijing's announcement of lower economic growth target for 2019. At the opening of the annual National People's Congress session, Premier Li Keqiang gave a target to...

  • BEIJING, March 5- China has set its 2019 economic growth target at 6.0 to 6.5 percent, Premier Li Keqiang said in his annual work report on Tuesday, lower than last year's goal of around 6.5 percent. The government has set its 2019 target for consumer price inflation at around 3 percent and its budget deficit goal at 2.8 percent of gross domestic product, Li said at the...

  • WASHINGTON, March 4- U.S. construction spending unexpectedly fell in December as investment in both private and public projects dropped, leading economists to expect that the government will trim its economic growth estimate for the fourth quarter. Trade tensions between the United States and China as well as slowing global economies are also hurting...

  • TORONTO, March 1- The Canadian dollar closed lower against its U.S. counterpart on Friday, after news that Canada's economy grew at a slower-than-forecast pace in the fourth quarter lowered expectations the Bank of Canada would raise interest rates any time soon. Canada's gross domestic product grew at an annualized rate of 0.4 percent in the fourth quarter,...

  • WASHINGTON, March 1- U.S. personal income fell for the first time in more than three years in January and consumer spending dropped by the most since 2009 in December, putting the economy on a weak growth path early in the first quarter. A trade war between the United States and China, higher interest rates, softening global growth and uncertainty over Britain's...

  • A trader works on the floor of the New York Stock Exchange.

    The Atlanta Fed's GDPNow initial model estimate shows negligible growth for the first quarter — just 0.3 percent.

  • Traders work on the floor of the New York Stock Exchange.

    Stocks continue their rally on the back of better-than-expected GDP growth. Here's what it means for the economy and the Federal Reserve.

  • TORONTO, March 1- The Canadian dollar weakened against its U.S. counterpart on Friday, on news that Canada's economy grew at a slower pace than expected in the fourth quarter. Canada's gross domestic product grew at an annualized rate of 0.4 percent in the fourth quarter, down from 2.0 percent in the third quarter and slower than the 1.2 percent rate expected crude...

  • Tim Quinlan, senior economist at Wells Fargo, and Greg Hahn, CIO of Winthrop Capital Management, join 'Squawk Box' to discuss the state of the U.S. economy.

  • Ranking Republican on the Financial Services Committee talks taxes, debt ceiling and much more

    Rep. Patrick McHenry (R-N.C.) sits down with "Squawk Box" to discuss the latest issues in Washington, including the economy, proposed fiscal policies, and the debt ceiling.

  • TOKYO, March 1- The dollar scaled a 10- week high against the yen on Friday, thanks to a surge in Treasury yields after U.S. gross domestic product data topped expectations. The greenback was rose roughly 0.3 percent to 111.77 yen, its strongest level since Dec. 20. GDP data, "said Junichi Ishikawa, senior FX strategist at IG Securities in Tokyo.