GDP

The Latest

  • Coronavirus Takes Bite Out Of Indonesia's GDP
    Indonesia
    The country's 5.32 percent economic shrinkage in the second quarter was the first contraction since 1999.
  • 2.2% Growth For China's Economy Predicted For 2020
    Manufacturing recovers
    China will likely be the only major economy to report moderate GDP growth for 2020.
  • JP Morgan Predicts Q3 Recovery in Chinese Consumer Spending
    China Consumer Spending
    Consumer spending, which accounts for more than half of China's GDP, remained weak in H1 but there are signs of a slow recovery.
  • China Sees Strong Q2 GDP Growth Of 3.2%
    Manufacturing recovers
    China's economy sees a surprising growth of 3.2% in the second quarter, but still contracted 1.6% in the first half.
  • Singapore Slammed: GDP Shrinks 41% As Pandemic Deals Body Blow To Economy
    Singapore
    The data from Singapore, the first Asian country to report second-quarter GDP, points to one of the steepest economic downturns ever for the rest of region.
  • Wearing Face Masks Will Prevent Worse US GDP Contraction
    Ivanka Trump wears a protective face mask as she deplanes from Air Force One returning to Washington with her father U.S. President Donald Trump
    Compelling Americans to wear face masks will prevent more damage to the U.S. GDP, claims Goldman Sachs.
  • IMF Sees I% China Growth in 2020; Rest of World To See 5% Drop
    International Monetary Fund
    China will be the only major economic power to see economic growth this year in the midst of the COVID-19 pandemic.
  • French Economy Set To Shrink 11% This Year
    Intensive Care Unit (ICU) at the Centre Cardiologique du Nord private hospital
    The French economy expects to see GDP growth plunge by a massive 11% this year due to the COVID-19 pandemic.
  • COVID-19 To Slash US GDP By $8 Trillion In 10 Years
    FILE PHOTO: An empty shopping cart sits in front of the J.C. Penney department store in North Riverside
    The U.S. economy is in for a very tough next 10 years as the COVID-19 pandemic reduces growth by 3%.
  • India Expects Q4 2019 GDP Growth To Hit 2%
    COVID-19 in India
    India faces less than 2% GDP growth this year and is facing an economy estimated to shrink by 5% in 2021 due to COVID-19.
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