The Latest Breaking News from GDP

Research suggests Scotland’s economy would be £8.5bn bigger had it grown since 2010 as it did under the last Labour government.

Architecture, engineering and construction employ 1.2 million people in Australia and account for 9% of GDP. But our biggest services sector also produces roughly 40% of landfill waste and accounts for 18.1% of Australia’s carbon footprint. The sector must change its practices fast for Australia to meet its commitments to…

The country’s economic output grew by 0.4% during the first quarter – compared to 0.1% for the UK

Move called ‘historic’ but agreement with Australia forecast to raise Britain’s GDP by only 0.08% by 2035

The Fed's monetary squeeze "is aimed at a problem that’s over, and the effect from here will be to hammer consumer demand and economic growth," predicts Steve Hanke of Johns Hopkins.

Family-owned businesses represent 54% of U.S. GDP and 59% of employment.

The Indian economy is on track to surpass 7 per cent growth rate in Fiscal Year 2023 with manufacturing being the key driver, according to a report released by the State Bank of India. Read further on Dynamite News

The dollar index (DXY00 ) on Thursday rose by +0.35% and posted a 2-1/4 month high. Thursday’s better-than-expected U.S. economic reports on weekly jobless claims and Q1 GDP were hawkish for Fed policy and supportive of the dollar. Also, the jump in the 10-year T-note yield Thursday to a 2-1/2...

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.63%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.16%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.98%. U.S. stocks this morning are mixed, with the Nasdaq...