GDP
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29 days ago
'This tells you what the textbook would predict — that trade war is a stagflationary shock, where GDP will be lower and inflation will be higher,' he said.
30 days ago
Q1 GDP Tracking: Near Zero Growth
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a story from Calculated Risk › Calculated Risk
From BofA:
Since our last publication, our 1Q GDP tracking is up from 0.1% q/q saar to 0.4% q/q saar. [Apr 4th estimate]From Goldman:
<span style="font-size: x-small;">emphasis added</span>
We left o…
31 days ago
France risks missing deficit target because of Trump’s trade war, economy minister says
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a story from Politico EU › Politico EU
PARIS —The trade war with the United States might prevent France from bringing down its sky-high budget deficit, French Economy and Finance Minister Eric Lombard said on Friday. “Tax revenues would p…
32 days ago
Philly Fed: State Coincident Indexes Increased in 47 States in January (3-Month Basis)
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a story from Calculated Risk › Calculated Risk
From the Philly Fed:
The Federal Reserve Bank of Philadelphia has released the coincident indexes for the 50 states for January 2025. Over the past three months, the indexes increased in 47 states…
33 days ago
The Guardian view on Donald Trump’s tariffs: a spectacle of struggle and control | Editorial
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a story from The Guardian › International
The US president wields tariffs not as a policy tool but as an instrument of pressure, rewarding loyalty and punishing defiance – even among allies
Donald Trump has probably not read much Michel Fouca…
Finland will exit global land mine treaty as Russia fears grow
President Alexander Stubb also announces major ramp up of defense spending to 3 percent of GDP.
37 days ago
UK economy was doing even better than previously thought under the Tories before Labour took power, figures show
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a story from The Daily Mail › The Daily Mail
The revised GDP data adds to the evidence of Rachel Reeves ' dismal stewardship just days after the Budget watchdog halved its forecast for growth this year.
Q1 GDP Tracking: -0.5% to 1%
From BofA:
1Q GDP tracking is down from our recently updated official forecast of 1.5% q/q saar to 1.0% q/q saar. [Mar 28th estimate]From Goldm…
<span style="font-size: x-small;">emphasis added</span>
38 days ago
Q4 GDP Growth Revised up to 2.4% Annual Rate
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a story from Calculated Risk › Calculated Risk
From the BEA: Gross Domestic Product, 4th Quarter and Year 2024 (Third Estimate), GDP by Industry, and Corporate Profits
Real gross domestic product (GDP) increased at an annual rate of 2.4 percent in…
39 days ago
Brace yourselves: Taxes are heading for a record high - and there's every chance that they will be going up even higher
The Office for Budget Responsibility (OBR) predicted today that the tax take will climb to 37.7 per cent of gross domestic product (GDP) in 2027-28.
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