The Latest Breaking News from GDP

Dollar Sees Support from Strong U.S. Economic Reports

The dollar index (DXY00 ) Thursday rose by +0.07%. Bullish factors included generally strong U.S. economic news and safe-haven demand with the sharp sell-off in stocks. The dollar was undercut by a sharp -11 bp decline in the 10-year T-note yield and reduced expectations for Fed tightening. U.S. Q3 GDP...

Barchart · Oct 26, 2023

Joe Biden is taking a victory lap after the latest blowout GDP report and says the much-feared recession is canceled, but Wall Street is dubious

The Biden administration celebrated the surge in U.S. GDP growth Thursday, but economists and analysts warn it could be the last hurrah for an ailing economy.

Fortune · Oct 26, 2023

Stocks Plunge Before the Open as Earnings Worries Weigh on Sentiment, U.S. GDP Data and ECB Decision in Focus

December S&P 500 futures (ESZ23) are down -0.50%, and December Nasdaq 100 E-Mini futures (NQZ23) are down -0.87% this morning as disappointing earnings reports and elevated Treasury yields weighed on sentiment while investors geared up for a flurry of U.S. economic data and more corporate earnings results.

Barchart · Oct 26, 2023

China sees economy grow 4.9% in third quarter, beating expectations

China's National Bureau of Statistics has released a new raft of data on the health of the Chinese economy, the world's second largest. Annual GDP growth in the third quarter reached 4.9%, beating analysts' expectations. The authorities' efforts to support growth are bearing fruit, although retail sales remain low and…

France 24 · Oct 18, 2023

Wine-based tourism and international tourist flow can improve Maharashtra's GDP by nearly 20%: Report

MUMBAI: In the economic value of the Indian alcoholic beverage industry Maharashtra has been ranked the fifth state after Tamil Nadu, UP, Telangana and K'taka with Nashik emerging as the ‘Wine Capital of India’.

The Times of India · Oct 17, 2023

Taylor Swift’s Eras Tour Generates Billions, Boosts Economy

Swift's record-breaking concert series pumps billions into sectors from hospitality to retail, with projected earnings surpassing GDP of smaller countries.

Zenger · Oct 16, 2023

US inflation sticks at 3.7%; UK recession fears linger despite August growth; Ikea to cut prices – as it happened

UK services sector lifts economy back to growth in August, but BoE policymaker Swati Dhingra warns that economy is flatlining

The Guardian - UK · Oct 12, 2023

UK economy grew by 0.2% in August – but recession concerns remain

Rise in GDP fuelled by business services amid worries that impact of recent interest rate hikes yet to be felt

The Guardian - UK · Oct 12, 2023

UK economy returns to growth but remains stuck in the slow lane

Britain’s economy returned to growth in August but remains firmly stuck in the slow lane, new official figures reveal today.

Evening Standard · Oct 12, 2023

‘Modi-nomics’ fails to buck the trend

Statistical considerations apart, right now there are good reasons for looking at a slice of time longer than a few quarters when studying economic growth in India

The Hindu · Oct 11, 2023