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Tag Archives: GDP

GDP rose better than expected by 1.9% in the third quarter thanks to consumers

US. Gross domestic product – the broadest measure of the US economy – grew faster than expected in the third quarter, but slowed slightly as corporate investment continued to fall. The Commerce Ministry said Wednesday that economic activity grew 1.9% on an annualized basis. in the third quarter, slightly below the pace of 2% in the second quarter. Economists surveyed …

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China's GDP growth drops to nearly 30-year low as tariffs weigh on production

PEKING (Reuters) – China's economic growth slowed more-than-expected in the third quarter, reaching its weakest level in nearly three decades, when the bloody US trade war hit factory production, prompting Beijing to provide new support. During the sunrise in Qinhuangdao, Hebei Province, China, people enjoy the beach near a port. October 15, 2019. REUTERS / STRINGER Gross domestic product (GDP) …

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Dow futures higher than jobless, GDP figures

US. Stock index futures were slightly higher on Thursday morning. At around 04:10 ET, the Dow futures rose 21 points, indicating a positive open of more than 29 points. The futures on the S & P and Nasdaq were both slightly higher. Wall Street ended higher on Wednesday after President Trump said a US-China trade agreement could arrive sooner than …

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German economy: GDP shrinks in the second quarter as trade slows

GDP for the three months ended June contracted 0.1% compared to the previous quarter, in line with analyst expectations. That's down from 0.4% growth in the first three months of the year. "Today's GDP report definitely marks the end of a golden decade for the German economy," said Carsten Brzeski, chief economist in Germany at the Dutch bank ING. The …

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Nasdaq, S & P 500 set records in earnings and GDP

The Nasdaq Composite and the S & P 500 posted record highs as strong gains and healthy growth in gross domestic product broadly boosted equities. Google's parent, alphabet Inc., Boosted the rise in benchmark stocks with a banner day after a leap in sales and a buyback in the last quarter. Market value rose by a sizeable $ 79 billion, …

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US Dollar Rising After Slightly Slowing Second Quarter GDP By Investing.com

© Reuters. Investing.com – The US dollar was stronger against other currencies on Friday as US economic growth slowed less-than-expected, although trading pressures weighed on business. The second quarter (GDP) rose at an annual rate of 2.1%, compared to 3.1% in the first quarter, compared to estimates for growth of 1.8%. Consumer spending increased by 4.3%, while exports rose by …

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Asian Stocks Up, Sentiment on US GDP Still Fragile By Reuters

© Reuters. FILE PHOTO: FILE PHOTO: An investor looks at an electronic stock information board at a brokerage house in Shanghai By Andrew Galbraith SHANGHAI (Reuters) – Asian equities rallied on Monday after strong economic growth in the US The first quarter was up to record highs, and the recovery was also supported by data showing that profits of Chinese …

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