The nation’s finances have proven resilient, despite punishing sanctions, giving it leeway to pump money into its military machine.
Category: Gross Domestic Product
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U.S. Government Shutdown Is Unlikely to Cause an Immediate Recession
White House and Wall Street estimates suggested the economy could withstand a brief shutdown, with risks mounting the longer it lasts.
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Novo Nordisk’s Ozempic and Wegovy Reshape Denmark’s Economy
Novo Nordisk, the Danish company behind two popular obesity medications, is reaping huge profits and is now responsible for most of the country’s economic growth.
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What China’s Economic Woes May Mean for the U.S.
The fallout is probably limited — and there may be some upside for American interests.
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U.K. Economy Grows Weakly
A small acceleration in the second quarter was better than analysts had expected.
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Europe’s Economy Expanded in Spring, and Inflation Has Eased
The eurozone economy grew more than expected, while inflation slowed after a string of rate hikes from the European Central Bank.
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GDP Grew at 2.4% Rate in Q2 as US Economy Stayed on Track
The reading on gross domestic product was bolstered by consumer spending, showing that recession forecasts early in the year were premature, at least.
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China’s Second-Quarter G.D.P. Shows Post-Covid Rebound Faltered
Government data shows gross domestic product growth slowed in the second quarter from earlier in the year, even though it rose over the same period in 2022.
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GDP Revision Shows Bigger US Economic Growth in Q1
Government data showed that G.D.P. rose at a 2 percent rate in the first quarter, better than initially reported.
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U.K. Economy Continues to Grow Slowly
The increase of 0.1 percent in the three months that ended in March, which was driven by construction and information services, matched the slow rise in the previous quarter.
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The Eurozone Economy Shows Signs of Modest Growth
The countries that use the euro recorded economic expansion of 0.1 percent in the first quarter, a slight improvement over the previous quarter’s flat output.
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G.D.P. Report: What to Look For
U.S. economic data on Thursday morning is expected to show that the year opened with the third straight quarterly expansion in gross domestic product.