New government data shows that growth for the year fell far short of Beijing’s goal. With Covid curbs lifted but the pandemic’s course uncertain, hope and fear cloud the forecast.
Category: Gross Domestic Product
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China’s Economy Slowed at the End of Last Year
The New York Times – Business: -
S&P and Stocks: Markets Fall on Strong Economic Data
The New York Times – Business:Two new economic reports on Thursday fanned fears that the Federal Reserve might need to go further in its aggressive fight against inflation.
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Herman Daly, 84, Who Challenged the Economic Gospel of Growth, Dies
The New York Times – Business:Perhaps the best-known ecological economist, he faulted his mainstream peers for failing to account for the environmental harm growth can bring.
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Inflation, GDP and the Economy: What We Learned This Week
The New York Times – Business:Fresh data on inflation and growth, and actions by policymakers , created a complex picture of the global economy.
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With Recession Looming, Big European Economies Still Show Some Growth
The New York Times – Business:Germany surprised economists by expanding in the third quarter, but the French and Spanish economies both slowed down.
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US Economy Grew at 2.6% Annual Rate in Q3, GDP Report Shows
The New York Times – Business:Gross domestic product increased 0.6 percent after two quarters of decline, but key components continue to show an economic slowdown.