Euro zone GDP Q1 2023
Skyscrapers of the city center can be seen from the Lohrberg in the north of Frankfurt. Photo: Arne Dedert/dpa (Photo by Arne Dedert/picture alliance via Getty Images) Picture Alliance | Picture Alliance | Getty Images The euro zone economy grew by 0.1% in the first quarter of the year, preliminary figures showed on Friday, even […]
Stagflation Lite: 1st Quarter US GDP Growth Weakens to 1.1 Percent Amid a Renewed Inflationary Surge
Real US Gross Domestic Product (GDP) grew at an annualized rate of 1.1 percent in the first quarter of 2023, coming in within the lower half of estimates that ranged from 0.4 to 3.5 percent on Bloomberg. This is a decline from the 2.6 percent that the US economy grew in the 4th quarter of […]
Goldman Sachs cuts GDP forecast because of stress on small banks
Photo illustration, the Silicon Valley Bank logo is visible on a smartphone, with the stock market index in the background on the personal computer on March 14, 2023, in Rome, Italy. Andrea Ronchini | Nurphoto | Getty Images Goldman Sachs on Wednesday lowered its 2023 economic growth forecast, citing a pullback in lending from small- […]
Euro zone GDP Q4 2022
The latest euro zone growth numbers are out as the ECB considers what to do next. Nurphoto | Nurphoto | Getty Images The euro zone beat expectations on Tuesday by posting positive growth in the final quarter of 2022 and reducing fears of a potential regional recession. Preliminary Eurostat data released Tuesday showed that the […]
4th Quarter 2022 GDP Shows Growth, but Deteriorating Fundamentals
Real GDP rose 2.9 percent in the 4th quarter of 2022, exceeding estimates ranging from 2.6 to 2.7 percent. This puts the first estimate of overall US economic growth in 2022 at 2.1 percent. While this is notable in light of the brief recession that took place earlier in the year and the aggressive rate […]
U.S. GDP rose 2.9% in the fourth quarter, more than expected even as recession fears loom
The U.S. economy finished 2022 in solid shape even as questions persist over whether growth will turn negative in the year ahead. Fourth-quarter gross domestic product, the sum of all goods and services produced for the October-to-December period, rose at a 2.9% annualized pace, the Commerce Department reported Thursday. Economists surveyed by Dow Jones had […]