MoCo’s Economy is Falling Behind: Real GDP
By Adam Pagnucco. Part One summarized the premise of this series: an examination of key stats from the U.S. Bureau of Economic Analysis (BEA) comparing Montgomery County to its largest neighbors. Part Two looked at population. Now let’s look at…
Treasury forecasts debt at 81.8% of GDP by 2027 | Economy
The National Treasury projects that public debt will only stabilize in 2028 after peaking at 81.8% of Gross Domestic Product (GDP) in 2027, according to the fiscal projections report released Monday. Despite the deterioration in its forecasts, the Treasury’s outlook…
County sees substantial growth in GDP, jobs
MOBILE, Ala. (WALA) – Mobile County’s economy has experienced substantial growth in both gross domestic product and employment numbers, according to the Mobile Chamber. The organization reports that Mobile County’s real gross domestic product, or GDP, increased by $1.13 billion…
Germany’s GDP expected to decline 0.2% in 2024: Bundesbank
Germany’s calendar-adjusted real gross domestic product (GDP) in 2024 is expected to decline 0.2 per cent, and to witness a slight growth of 0.2?per cent next year. The country’s economy is expected to witness a stronger growth of 0.8 per…
China Plans Around 5% Growth Goal, Higher Deficit, Reuters Says
(Bloomberg) — Chinese leaders plan to set an annual growth goal of about 5% for next year and raise the budget deficit to 4% of gross domestic product, Reuters reported, citing two people it didn’t identify. Most Read from Bloomberg…
Preliminary GDP Figures Show 1.8% Growth in Q3 2024, Down from Q2’s 3.2% Increase.
Chain volume measures of Gross Domestic Product by economic activity for the third quarter of 2024 The Census and Statistics Department (C&SD) released today (December 17) the preliminary figures of chain volume measures of Gross Domestic Product (GDP) by economic…
China targets record high budget deficit of 4% of GDP in 2025
Investing.com– China’s top leaders have agreed to increase the country’s budget deficit to 4% of gross domestic product (GDP) in 2025, marking the highest level on record, Reuters reported on Tuesday citing unnamed sources. The decision, made during December’s Politburo…
Baja California Records Gross Domestic Product Growth under Governor Marina del Pilar’s Administration
Governor Marina del Pilar Ávila Olmeda recently announced that Baja California’s State Gross Domestic Product (GDP) has surpassed 951 billion pesos. This milestone solidifies the state’s position as one of Mexico’s leading economies. The information was reported by the National…
Exclusive-China plans record budget deficit of 4% of GDP in 2025, say sources
(Reuters) – Chinese leaders agreed last week to raise the budget deficit to 4% of gross domestic product (GDP) next year, its highest on record, while maintaining an economic growth target of around 5%, two sources with knowledge of the…
Cuba projects a 1% GDP growth in 2025 despite the economic crisis
The Cuban government announced on Monday a projected economic growth of 1% for the year 2025, as reported by the Minister of Economy and Planning, Joaquín Alonso Vázquez, during a session of the National Assembly. This goal, which may seem…