The Latest Breaking News from GDP

Slower growth is needed to help cool inflation.

Fifty years ago this spring, one of the most influential books of the twentieth century was published. Written for the Club of Rome by Donella Meadows and colleagues at MIT, The Limits to Growth used new computer models to forecast an uncontrollable collapse in the global population and economy if…

Low unemployment and high female participation are Coalition success stories. But it’s a grim tale on wages and the budget.

Japan's GDP fell at an annualised rate of 1 percent in the first three months of this year as the Omicron variant of the coronavirus hampered consumer spending. Rising commodity prices also weighed on businesses in the world's third-largest economy. Plus, as unemployment remains stable in France at 7.3 percent,…

School closures during the pandemic have set back children's learning in many G20 countries and could have a long-lasting negative impact on GDP in advanced economies, the IMF said Tuesday. Recent assessments of schoolchildren show that widespread virtual learning during the Covid-19 pandemic resulted in lower academic levels in India,…

Tokyo (AFP) - Japan's economy shrank slightly in the first quarter of 2022, official data showed Wednesday, hit by Covid-19 restrictions and higher prices.

Thailand's economy grew faster than expected in the first quarter supported by a pickup in agriculture and an easing of Covid-19 curbs, but higher inflation remained a drag on a fragile recovery.

U.S. GDP dropped 1.4% in the first quarter of 2022, and the SPDR S&P 500 ETF Trust (ARCA: SPY) is down 16.3% year-to-date as investors become increasingly concerned about the possibility of a U.S. recession in 2022.

A government panel investigating data tampering by the infrastructure ministry has estimated that construction orders were inflated by up to 5.1 trillion yen a year, according to sources.