GDP

GDP Report Shows 2nd Quarter GDP Contracts 1.0%

Armen Hareyan — Fri, 31 Jul 2009 09:47:14 -0500

The GDP report in USA shows that in the second quarter it contracted by a 1.0% annual rate in April through June 2009. Economists were expecting a 1.5% decline, so this number is better than expected. It follows on the heels of a 6.4% decline in the first quarter and 5.4% in the fourth quarter of last year, indicating that economic conditions are indeed improving. Or, getting worse at a slower pace, for you curmudgeons out there.

Rear View Mirror Little Use on Big Dipper

webitpr — Wed, 24 Dec 2008 04:29:48 -0600

The economy shrank in the third quarter for the first time since 1992 and at a faster rate than previously thought, official data showed today.

John McCain's Campaign Releases Statement On GDP

Armen Hareyan — Thu, 30 Oct 2008 21:57:40 -0500

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

U.S. Economy Signals Recession Posting 3rd. Qtr. GDP Decline

Armen Hareyan — Thu, 30 Oct 2008 14:14:46 -0500

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.

Anemic GDP Helps Market, Except HIG

Armen Hareyan — Thu, 30 Oct 2008 10:33:15 -0500

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.

Second Quarter GDP Surprisingly Strong

erku — Thu, 28 Aug 2008 11:49:25 -0500

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

GDP growth result masks inflation problems

Armen Hareyan — Wed, 30 Apr 2008 09:33:44 -0500

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?

India predicts GDP growth at 8.7% for 2007-08

Armen Hareyan — Thu, 28 Feb 2008 07:01:46 -0600

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 GDP grows 11.4 percent in 2007

seher — Thu, 24 Jan 2008 00:59:06 -0600

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.

China’s Large Net Foreign Assets an indication of Economic Weakness

aboey — Sun, 09 Dec 2007 19:22:09 -0600

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

GDP figures vindicate rate rises: economist

Armen Hareyan — Wed, 05 Dec 2007 14:41:27 -0600

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

Armenia's GDP grew by 12,1% in Jan. July 2008

Armen Hareyan — Mon, 20 Aug 2007 09:01:05 -0500

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.