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The Economic Times
Nov 4
Comment
Economic think tank NCAER lowered the economic growth projection to 6.9 per cent for the current fiscal from earlier estimate of 7.2 per cent, mainly on account of lower farm output.
BusinessWeek
Nov 4
Comment
The World Bank raised its forecast for China’s GDP growth in 2009 to 8.4%, providing yet more evidence that the Chinese economy is in full recovery mode. Six months ago when China's exports were plunging and Beijing’s $586 billion stimulus...
FX Street
Nov 3
Comment
Will Real GDP Growth in the First Year of Recovery Match Historical Norm? Real GDP grew at an annual rate of 3.5%in the third quarter. This is impressive but the pace of economic activity in the quarters ahead will be much more subdued until the...
The Economic Times
Nov 3
Comment
India’s economic growth in the ongoing fiscal could fall to 5.5% in the ‘worst-case scenario’ of a sharp decline in agriculture sector performance, the Planning Commission has projected.
FX Street
Nov 3
Comment
Summary The U.S. economy is prey to a substantial and persistent trade deficit. Even in the 2002-2006 period when the dollar crumbled in value, U.S. spending growth on foreign imports outstripped foreign demand growth for U.S. exports. The trade...
The Economic Times
Nov 3
Comment
Robert Prior Wandesforde, Senior Asian Economist, HSBC Holdings told ET Now this morning that GDP growth could recover sharply in 2010-11 on the back of a recovery in agricultural output after a drought year. He expects RBI to start tightening...
FX Street
Nov 1
Comment
Consumer Spending – Mild Increase in Q4 The impact of the American Recovery and Reinvestment Act (ARRA) is visible in the third quarter GDP report and the President’s Council of Economic Advisers has estimated that the ARRA contributed between...
FX Street
Oct 30
Comment
Risk Appetite Surges on Strong GDP The dollar and yen fell as risk appetite increased after the US economy grew faster than expected. US GDP rose a stronger-than-expected 3.5% in Q3 2009 as personal consumption contributed the most to GDP gains...
Jr Deputy Accountant
Oct 29
Comment
Distortions, distortions, distortions.
But this is good news, it means they didn't just make up the GDP number or pull it directly out of their asses, they just manipulated it to look better than it was. I'm really glad that $24,000 per clunker...
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