Today, Doug Holtz-Eakin, McCain-Palin 2008 Senior Policy Adviser, issued the following statement on the Gross Domestic Product (GDP) number:

A new report says the U.S. economy and GDP declined in the third quarter, between July and September - the strongest indication yet that the nation may be sliding into a recession.

The first estimate of third-quarter GDP came in slightly better than expected at negative 0.3%. In a quarter that included the virtual collapse and de-privatization of the global financial system, that is positively rosy.

US GDP was revised higher from an initial estimate of 2.7% to a 3.3% annual rate in the second quarter.

The economic figures are in, and America's GDP rose by 0.6% in the 1st quarter of 2008 (January-March). All praise to Ben Bernanke then as the Commerce Department announced slight growth in U.S. Economy?

Pushing for reforms, the Economic Survey said inflationary impact of foreign funds flow, a slowdown in the US, an appreciating rupee and sluggish infrastructure sector were major challenges before economy.

China's gross domestic product (GDP) reached 24.6619 trillion yuan (3.43 trillion U.S. dollars) in 2007, up 11.4 percent year on year, said the National Bureau of Statistics (NBS) Thursday.

According to a new study, China’s incredible rise as a net creditor at such an early stage of development is very rare; and might actually reflect weakness rather than strength

An economist says today's economic growth figures in Australia vindicate the Reserve Bank's decision to increase interest rates in August and November.

The growth of Armenia's GDP in January-July of 2007 totaled 12,1%, as compared to the same period of 2006, making the country an attractive place for new investments. As the press service of the National Statistical Service of Armenia told Mediamax today, the GDP volume in January-July of 2007 totaled 1287363.0mln drams.

In January-June of 2007 The GDP of Armenia grew by 11,2%.

Indian economy is expected to show a marginal decline in GDP growth to 9.2 percent in the current fiscal from 9.4 percent in 2006-07 with services sector and industry maintaining the momentum, CII has said.