GDP

Another fake news anchor who cannot keep the facts straight on economic growth in the age of coronavirus.

MSNBC anchor Brian Williams bungled the math on GDP on Thursday night.

Former Vice President Joe Biden said Thursday that the U.S. economy needed “concerned, thoughtful, and sustained leadership” — though he did not explain what, exactly, that meant.

The German economy suffered a record-breaking economic contraction in the second quarter as measures intended to stymie the coronavirus pandemic shuttered businesses and required consumers to stay home. The economy shrank at an annualized rate of 34.7 percent in the

Compared with a year ago, economic output was 9.2 percent lower, the steepest decline on record.

Terrifying annualized figures risk producing an exaggerated view of the economic toll of the coronavirus.

The economic contraction that began in March was even more severe than initially reported.

Economists have downgraded their expectations for the current quarter but expect stronger growth in the third quarter

The first quarter of the year saw a 2 per cent fall in GDP in the UK, the worst fall since the final quarter of 2008.

The coronavirus had an deeper impact on the economy than expected

Kevin Hassett, senior adviser to President Donald Trump and former White House Council of Economic Advisers chairman, said Monday that the United States’ second-quarter GDP could experience one the largest drops since the Great Depression due to the Chinese coronavirus pandemic.  

Lifting the shutdown orders did not set the Chinese economy off to the races. Instead, activity appears to be crawling back toward growth

TEL AVIV – Israeli businesses appealed to the government to set up a “financial safety net” for enterprises negatively impacted by the coronavirus outbreak, an industry representative body said.

TEL AVIV – Israel’s economic growth last year exceeded all predictions, boding well for Prime Minister Benjamin Netanyahu who hopes his stewardship of the Jewish state’s strong finances will give him the upper hand against main political challenger Blue and White’s Benny Gantz, Bloomberg News reported. 

The impact of the coronavirus on China’s economy is likely to be large. Economists expect only a small drag on the U.S. economy.

Nearly six in ten Americans, or 56 percent, say they are now better off than they were last year, up 50 percent from last year alone.

Joe Scarborough wants you to believe that the economy of Jimmy Carter’s “Malaise” era was greater than the Trump economy. I swear I am not making this up. The Morning Joe host was set off by Trump’s repeated claims that this is

Boosted by housing, growth held up in the final quarter of 2019 despite a weakening in consumer spending. Full-year GDP growth came in at 2.3%

The wealth tax does more than just tax the wealthy: it would lower wages and shrink the economy.

“Even before the recession that sooner or later will come, we’re being told that the economy is great, right?” Buttigieg asked. The former mayor spoke at a VICE News Black and Brown Democratic Presidential forum on Monday in Des Moines, Iowa.

The U.S. economy is expected to slow due to tighter monetary policy and the lift from the 2018 tax cuts fading over time.

Uncertainty over trade policy is not likely to be the primary cause of depressed business investment in the U.S.

GDP grew at a faster pace than expected in the third quarter thanks to robust consumer spending and a stronger housing market.

Very little good news in the report for durable goods orders in September, although phone and machinery orders rose.

Pessimism about growth in the second quarter may have contributed to spreading fear about a looming recession.

A huge batch of economic data sent economists scrambling to raise their forecasts for U.S. growth. 

The economy grew at a faster than expected pace in April through June.

Sarah Lee writes at Townhall that Democrats may obstruct passage of the deal to replace NAFTA despite its superiority in terms of U.S. jobs, GDP, environmental standards, and labor protections–all of which they purport to value.

Democrat 2020 candidate Andrew Yang claimed during Thursday’s debate that universal basic income, paid for by tax similar to Europe, would create “millions of jobs.”

At the core of Trump’s dispute with the Fed is the growth potential of the U.S. economy. Trump wants 4%, the Fed wants 1.8%.