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The Latest Breaking News from GDP

Scottish GDP growth outperforms UK in first three months of 2023

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

Insider UK · May 31, 2023

UK’s post-Brexit trade deals with Australia and New Zealand kick in

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

The Guardian - UK · May 31, 2023

The Money Doctor who has slayed inflation for 50 years says the Fed has overcorrected so badly they’re hastening the long-feared recession

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.

Fortune · May 30, 2023

From analysis to the latest developments in health,
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Most family businesses don’t look like ‘Succession.’ Here’s what America’s enterprising families bring to the table

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

Fortune · May 29, 2023

Indian economy to surpass 7 per cent growth in FY 23: SBI research report

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

Dynamite News · May 26, 2023

Indian economy to surpass 7% growth in FY 23: SBI research report

NEW DELHI: 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.

The Times of India · May 26, 2023

Dollar Climbs as Strong U.S. Economic Reports Boost T-Note Yields

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...

Barchart · May 25, 2023

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Stocks Mostly Higher as Nvidia’s Blowout Earnings Boost Tech Stocks

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...

Barchart · May 25, 2023

Stocks Climb Before the Open as Investors Await Key U.S. GDP Data, Nvidia Results Boost Sentiment

June S&P 500 futures (ESM23) are up +0.63%, and June Nasdaq 100 E-Mini futures (NQM23) are up +1.74% this morning after three major U.S. benchmark indices finished the regular session in the red as talks between the White House and Republican representatives on raising the U.S. debt ceiling ended without…

Barchart · May 25, 2023

German economy in recession after high prices take toll, revised figures reveal

Updated data shows economy went into reverse in first quarter with GDP falling by 0.3%

The Guardian - UK · May 25, 2023

German economy goes into recession as GDP shrinks by 0.3% in Q1

BERLIN: The German economy contracted in the first quarter of 2023 compared with the previous three months, thereby entering recession, data from the statistics office showed on Thursday.

The Times of India · May 25, 2023

Morning Digest | Ron DeSantis launches 2024 presidential bid to challenge Donald Trump; GDP growth may cross 7% in 2022-23: RBI Governor, and more

The Hindu’s Morning Digest brings readers a select list of stories to start the day

The Hindu · May 25, 2023

Alan Kohler: Productivity has collapsed because workers have lost hope

Between March and December last year, Australian productivity – GDP per hours worked – actually declined 4.1 per cent.

The New Daily · May 24, 2023

Why GDP doesn't work, and what Scotland should replace it with

LAST week the Beyond Growth Conference, the biggest European conference to discuss an alternative economic model, took place in Brussels. Over…

The National (Scotland) · May 23, 2023

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The Conversation · May 23, 2023

Degrowth isn't the same as a recession – it's an alternative to growing the economy forever

The UK economy unexpectedly shrank by 0.3% in March, according to the Office of National Statistics. And though the country is likely to narrowly avoid an official recession in 2023, just as it did the previous year, the economy is projected to hit the worst growth rates since the Great…

The Guardian - UK · May 23, 2023

UK growth forecast upgraded by IMF; Bank of England governor says ‘big lessons to learn’ after inflation shock – as it happened

New IMF report shows “a big upgrade to the UK’s growth forecast” says Jeremy Hunt, with UK expected to grow by 0.4% this year not shrink by 0.3%

Bangkok Post · May 22, 2023

Analysts concerned delay could hamper GDP, stocks

Stock market analysts have expressed unease about the post-election political situation, saying a delay in the formation of a new government would affect the country's GDP and encourage foreign investors to continue dumping Thai shares.

Barchart · May 21, 2023

Yellen, FOMC Minutes and Other Key Themes to Watch This Week

It was a great week in the overall market this week. The S&P 500 ($SPX) (SPY) finished up over 1% with most of that run coming in the second half of the week.

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Bangkok Post · May 19, 2023

Investors cheer signs of end to US debt drama

RECAP: Asian shares rose on Friday as increased hopes of a deal over the US debt ceiling and strong economic data lifted sentiment, while Japan's Nikkei index jumped to its highest level in nearly 33 years.

Bangkok Post · May 17, 2023

New govt faces 4 economic time bombs

The election result is already out and Thailand is heading for a big policy change. As the party with most seats, the Move Forward Party will form the government. The second place-getter -- the Pheu Thai Party -- has agreed to be in the coalition. These two parties, however, have…

StockNews.com · May 17, 2023

3 Consumer Stocks With Unmatched Market Potential

Consumer spending drove the 1.1% growth in GDP during the first quarter. With strong job growth and cooling inflation, consumer sentiment is expected to improve. Given this backdrop, it could be wise to buy fundamentally strong consumer stocks LVMH Moët Hennessy - Louis Vuitton, Société Européenne (LVMUY), Unilever (UL), and…

The Independent UK · May 17, 2023

Stock market today: Japan rises on GDP data; rest of region shaky

Asian shares are trading mixed as Japan’s benchmark jumped on the news of solid economic growth data, while the rest of the region was mired in uncertainty

Bangkok Post · May 15, 2023

Q1 GDP grows 2.7% y/y, beats expectations

Thailand's economy expanded 2.7% in the first quarter from a year earlier, official data showed on Monday, faster than expectations, as private consumption and tourism rebounded.

The Hindu · May 12, 2023

Welfare spending has been getting a regular pruning

Central allocations for various welfare schemes and sectors in India that ensure basic rights have declined as a proportion of GDP

Evening Standard · May 12, 2023

OPINION - UK economy stuck in first gear as GDP plunges in March

Conversations about the weather are rarely actually about the weather. As the social anthropologist Kate Fox writes in her brilliant and often snort-inducing book, Watching the English, weather chat is in fact “a form of code, evolved to help us overcome our natural reserve and actually talk to each other.”…

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