The Latest Breaking News from GDP

South Africa’s economy needs a shot in the arm, not austerity: 3 key areas where more public spending would get results

For the past 11 years the South African government has pursued a policy of austerity. In recent years, government has reduced per capita spending (adjusted for inflation) by significant amounts. Spending on public services, for example, health and education, for each member of the population has fallen since 2019, from…

The Conversation · Sep 6, 2024

Goldman Sachs: Harris better for economy

Analysts said that Trump's policies on issues from tariffs and immigration could cut into U.S. GDP

Salon · Sep 5, 2024

Israel: 11 months of war have battered the country’s economy

After 11 months of war, Israel is facing its biggest economic challenge in years. Data shows that Israel’s economy is experiencing the sharpest slowdown among the wealthiest countries of the Organisation for Economic Cooperation and Development (OECD).

The Conversation · Sep 5, 2024

This is the weakest economy outside of a recession. Here’s what the GDP figures show

The latest national accounts show the Australian economy is struggling. It’s what you would expect after the sharpest series of interest rate rises on record, and is more or less what the Reserve Bank was trying to achieve to bring down inflation.

The Conversation · Sep 4, 2024

Australia’s economy fares better than expected but still weakest since early 1990s, excluding pandemic

June quarter GDP expanded by 1% from a year earlier, the Australian Bureau of Statistics said – slightly above forecasts

The Guardian - AU · Sep 4, 2024

Australia is about to get an economic health check. What do GDP figures mean and why are they important?

The numbers could mark the nadir in gross domestic product performance, while the RBA watches closely for cues to help time an interest rate cut

The Guardian - AU · Sep 3, 2024

African nations are losing up to 5% of their GDP per year with climate change, a new report says

A new report says African nations are losing up to 5% of their GDP every year as they bear a heavier burden than the rest of the world from climate change

The Independent UK · Sep 2, 2024

Dollar Moves Higher on Solid US Growth

The dollar index (DXY00 ) Thursday rose by +0.26%. The dollar moved higher Thursday on signs of US economic strength after weekly jobless claims fell more than expected, and Q2 GDP was revised higher on strength in consumer spending, a hawkish factor for Fed policy. The weakness in the euro...

Barchart · Aug 29, 2024

Dollar Gains on Strong US GDP

The dollar index (DXY00 ) today is up by +0.31%. The dollar is climbing today on signs of US economic strength after weekly jobless claims fell more than expected, and Q2 GDP was revised higher on strength in consumer spending, a hawkish factor for Fed policy. The weakness in the...

Barchart · Aug 29, 2024

Stocks Push Higher on US Economic Strength

The S&P 500 Index ($SPX ) (SPY ) today is up +0.48%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.35%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.95%. Stocks today are moderately higher after the US Q2 GDP was revised higher due...

Barchart · Aug 29, 2024