U.K. Economy Grows Weakly
A small acceleration in the second quarter was better than analysts had expected.
Posted inEconomic Conditions and Trends Europe European Central Bank Eurostat Eurozone Germany Gross Domestic Product Inflation (Economics)
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.
Posted inBuilding (Construction) Commerce Department Consumer Behavior Factories and Manufacturing Federal Reserve System Gross Domestic Product Inflation (Economics) Interest Rates Real Estate and Housing (Residential) Recession and Depression United States Economy
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.
Posted inChina Economic Conditions and Trends Foreign Investments Gross Domestic Product Infrastructure (Public Works) National Bureau of Statistics (China)
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.