Tag: Gross Domestic Product

What’s Wrong With the Global Economy?

Global markets were seized by fear last week that trade wars were slowing growth in Germany, China and the United States. But the story here is bigger than President Trump and his tariffs. The postwar miracle is over. Since the financial crisis of 2008, the world economy has been struggling against four headwinds: deglobalization of […]

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Germany Is Heading Toward Recession, New Data Indicates

Frankfurt — In an ominous indicator of the damage inflicted by trade war, data released Wednesday indicated that the German economy is hurtling toward recession because of slumping exports. Germany’s economy shrank 0.1 percent from April through June and has been treading water for the last year, the government’s official statistics agency said. Analysts at […]

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British Economy Shrinks, a Sign of Economic Uncertainty

LONDON — The British economy shrank in the second quarter, its first contraction in more than six years, as uncertainty over Brexit and slowing global growth took a toll. The economy fell by 0.2 percent in the three-month period ending in June, said the Office of National Statistics. The number disappointed many analysts who had […]

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Why Rate Cuts Don’t Help Much Anymore

Now that it has finally happened, don’t expect the Federal Reserve’s long-awaited rate cut to make all that much of a difference for the economy. In the weeks leading up to Wednesday’s decision to cut the benchmark Fed funds rate by 0.25 points to 2.25 percent, the stock market seemed to leap whenever Jerome H. […]

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Trump Goads China as Trade Talks Resume

WASHINGTON — President Trump lashed out at China on Tuesday morning as trade talks between the two nations resumed, taking credit for weakening China’s economy and downplaying the likelihood of a deal before the 2020 election. The president’s comments, in posts on Twitter and remarks to the press, came just as his top negotiators were […]

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U.S. Economy Grew at 2.1% Rate in 2nd Quarter, G.D.P. Report Says

Economic growth slowed last spring, but don’t panic: The decade-long expansion has lost some momentum, but there’s little reason to think it is about to stall out. Gross domestic product, the broadest measure of goods and services produced in the economy, rose at a 2.1 percent annual rate in the second quarter, the Commerce Department […]

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What to Watch For in Friday’s G.D.P. Report

Economic growth probably slowed sharply last spring, but don’t panic — the decade-long expansion has lost some momentum, but there’s little reason to think it is about to stall out. The Commerce Department will release its preliminary estimate of second-quarter economic growth at 8:30 a.m. Friday. Forecasters surveyed by MarketWatch expect the report to show […]

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The Economy is About to Hit a Record. Trump Says the Fed ‘Blew It’

President Trump continued his assault on the Federal Reserve on Monday, blaming the central bank for reining in a United States economy that is on track to reach its longest expansion in history. Mr. Trump, in a pair of tweets, said the economy and stock market would have been even stronger had the Fed kept […]

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Global Economic Growth Is Already Slowing. The U.S. Trade War Is Making It Worse.

WASHINGTON — President Trump’s trade war is chilling business investment, confidence and trade flows across the world, a development that foreign leaders and business executives say is worsening a global economic slowdown that was already underway. Recent softening in Europe, Australia and other parts of the world coincides with Mr. Trump’s intensified trade fight with […]

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