Strong GDP data points to fewer rate cuts
The latest estimate of gross domestic product in the third quarter came out stronger than expected, rising by 3.1% instead of 2.8%, according to government data released on Thursday. Upward revisions to personal consumption, trade and government spending drove the…
US GDP outperforms forecasts with 3.1% growth, signaling robust economic health By Investing.com
The Gross Domestic Product (GDP) of the United States, a key indicator of the country’s economic health, has seen a significant increase, surpassing the forecasted growth. The GDP measures the annualized change in the inflation-adjusted value of all goods and…
Corporate bankruptcy filings rise despite strong GDP growth | Business
Corporate bankruptcy filings in Brazil surged in 2024, marking the second consecutive year of increases despite positive surprises in the country’s gross domestic product (GDP) over the past two years. Experts expect this trend to persist in 2025 as rising…
US third-quarter economic growth revised higher | U.S. & World
WASHINGTON (Reuters) – The U.S. economy grew faster than previously estimated in the third quarter, driven by robust consumer spending. Gross domestic product increased at an upwardly revised 3.1% annualized rate, the Commerce Department’s Bureau of Economic Analysis said in…
GDP grew at 3.1% rate in third quarter, final revision shows
The economy grew at a 3.1% annual rate in the third quarter of this year, adjusted for inflation, just over the 3% rate the quarter before, the Bureau of Economic Analysis reported Thursday morning in its final estimate of gross domestic product. GDP…
Central bank raises Taiwan’s GDP growth forecast to 3.13% for 2025
Taipei, Dec. 19 (CNA) The Central Bank of the Republic of China (Taiwan) said on Thursday that it has raised its forecast for gross domestic product (GDP) growth in 2025 to 3.13 percent, after wrapping up a quarterly policymaking meeting….
NZD/USD trades near 0.5650 after recouping some losses, US GDP Annualized awaited
NZD/USD reached to 27-month low at 0.5607 after the release of Gross Domestic Product data for the third quarter. New Zealand’s GDP shrank by 1.0% QoQ in Q3, against the expected 0.4% contraction. Fed’s Summary of Economic Projections suggested only…
NZD/USD faces selling pressure below 0.5650 as New Zealand’s GDP falls 1.0% in Q3
NZD/USD tumbles to near 0.5630 in Thursday’s early Asian session, down 0.43% on the day. Weaker-than-expected New Zealand’s GDP data weighs on the Kiwi. The Fed announced a quarter-point cut to its key interest rate at its December meeting on…
New Zealand sinks into recession as Q3 GDP dives 1.0% By Reuters
By Wayne Cole SYDNEY (Reuters) – New Zealand’s economy sank into recession in the third quarter as activity dived far more sharply than expected, while the prior quarter was also revised sharply downward, a dire result that cements the case…
New Zealand’s Gross Domestic Product contracts 1.0% QoQ in Q3 vs. -0.4% expected
New Zealand’s Gross Domestic Product (GDP) shrank by 1.0% QoQ in the third quarter (Q3) compared with a 1.1% contraction (revised from -0.2%) in the second quarter, the Australian Bureau of Statistics (ABS) showed on Thursday. This reading came in…