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- Growth Surprises But Consumers Stressed
- By Glenn Somerville WASHINGTON (Reuters) - A buildup in inventories kept the U.S. economy afloat in the first quarter despite the weakest consumer spending since 2001 and reduced business investment, a government report on Wednesday showed. Gross domestic product grew at a 0.6...
- News items 2008-04-30
- U.S. Growth Surprises But Consumers Stressed
- By Glenn Somerville WASHINGTON (Reuters UK) - A buildup in inventories kept the U.S. economy afloat in the first quarter despite the weakest consumer spending since 2001 and reduced business investment, a government report on Wednesday showed. Gross domestic product grew at a 0.6 percent annual...
- News items 2008-04-30
- U.S. First-quarter Growth Stronger Than Forecast
- WASHINGTON (Reuters UK) - The U.S. economy grew at a slightly stronger pace than forecast as 2008 began, helped by inventory-building that tempered a steadily deteriorating housing sector and less vigorous consumer spending. The Commerce Department said on Wednesday that gross domestic product or GDP...
- News items 2008-04-30
Additional Resources
- Luck Of The Wary
- Caution helped a few Continental banks avoid subprime turmoil. There are plenty of headlines touting the latest European victims of the subprime crisis. Earlier this month the Swiss banking veteran Marcus Ospel quit as boss of UBS after watching the bank’s market value halve in the past year....
- Articles 2008-04-21
- China could surpass Japan in nominal GDP soon
- TOKYO, April 6 Kyodo Japan might begin to fall behind China in terms of U.S. dollar-based nominal gross domestic product sometime between this year and 2012, according to the latest results of research by Shinko Securities Co. Were Japan's nominal GDP to fall...
- Articles 2008-04-07
- Stronger Economic Growth Forecast for Pacific.
- M2 PRESSWIRE-31 March 2008-AusAID: Stronger Economic Growth Forecast for PacificC1994-2008 M2 COMMUNICATIONS LTD RDATE:31032008 The economic performance of several Pacific countries is improving, but greater reforms are needed if they are to reach their full potential, according to Pacific...
- Articles 2008-03-31
- Bleak growth forecast for 2008; GROSS DOMESTIC PRODUCT DATA
- New Zealand's economy is facing the end of the golden weather,with growth as low as just 1 per cent expected this year. The lower growth is in part because of drought, economists say,but interest-rate cuts are still nine months away. Statistics New Zealand gross domestic product GDP figures...
- Articles 2008-03-29
- Last trace of boom tipped in last quarter
- The economy will put in a strong finish to 2007, as talk growsthat New Zealand may face a short, shallow recession later thisyear, offset by tax cuts worth as much as $2 billion. Official gross domestic product GDP figures for the Decemberquarter are due out on Friday. Bank...
- Articles 2008-03-25
- Winning The Battle Of Kosovo
- Yes, Europe and America back Kosovo’s declaration of independence, but most of the world does not. After years of violence and diplomatic wrangling, Kosovo, on Feb. 17, declared its independence, and within a day the world’s most powerful nation, the United States, congratulated and recognized the newborn state....
- Articles 2008-03-24
- Binge drinking takes toll on SKoreans: study
- SEOUL AFP — South Koreans, already notorious for their binge drinking, are consuming more alcohol and swigging more often than ever, costing the economy billions of dollars, a survey showed Saturday. Between 2000 and 2004 the cost of problem boozing surged 35 percent to 20.1 trillion won (20.1...
- Articles 2008-03-15
- US consumer caution pulls down retail sales
- WASHINGTON AFP — US retail sales fell an unexpectedly strong 0.6 percent in February as consumers retrenched in the face of economic turmoil and rising energy costs, the government reported Thursday. Core retail sales, excluding volatile motor vehicle sales, dipped by 0.2 percent, the Commerce Department said. ...
- Articles 2008-03-13
- Irish growth to hit 17-year low in 2008: think tank
- DUBLIN AFP — Ireland's economy will grow at the slowest pace for 17 years in 2008 because of an end to the country's housing boom amid the global credit crunch, a leading economic think tank said Friday. The Economic and Social Research Institute slashed its estimate for Irish...
- Articles 2008-03-13
- Japanese economy grows 3.5 percent in fourth quarter
- TOKYO AFP — Japan's economy grew at a brisk 3.5 percent annualised pace in the fourth quarter of 2007, showing unexpected resilience in the face of growing fears of a US recession, official figures showed Wednesday. Investors reacted positively to the robust fourth-quarter growth, which was only slightly...
- Articles 2008-03-12
- This slowdown is for real ; There are now unmistakable signals that the Indian economy is losing steam. All indicators seem to point towards a slowdown in the offing.
- There are now unmistakable signals that the Indian economy islosing steam. All indicators seem to point towards a slowdown in theoffing. The Central Statistical Organisation CSO, in its advanceestimates for 2007-08, expects GDP to grow 8.7 per cent for the fullyear. It implies that during the second half of this...
- Articles 2008-03-09
- Taking Responsible Action To Keep Our Economy Growing
- Administration Continues Strong Steps To Address Economic Uncertainties, Help Struggling Homeowners WASHINGTON -- Today, the Bureau of Labor Statistics released new jobs figures for February. The unemployment rate decreased to 4.8 percent, below the averages for the past three decades, but nonfarm payroll employment decreased by 63,000 jobs....
- Articles 2008-03-07
- Will trade continue to support the economy?
- From 2002 through 2006 the economy was able to expand at a healthy rate despite the conderable drag from real net exports. Over that period, the US trade position as measured by the current account worsened steadily, reaching a quarterly deficit of $217 billion in 2006Q4 and $811 billion for...
- Articles 2008-03-03
- Italy
- Highlights and Key Issues * The economy is set for a difficult 2008, with GDP growth forecast at only 0.7%. But we expect the situation to start improving in the second half of the year. Domestic demand should start to pick up as consumers regain confidence and purchasing power...
- Articles 2008-03-01
- Prime Minister Badawi's Progressive Blend of Islam and a High-Growth Economy
- At home and abroad, Malaysian leader places emphasis on development of human capital KUALA LUMPUR, Malaysia, Feb. 27 /PRNewswire/ -- On Wednesday, Malaysian Prime Minister Abdullah Badawi takes his re-election campaign to the conservative Muslim heartland in the north of the country, an area that has benefitted...
- Articles 2008-02-27
- Prime Minister Badawi's Progressive Blend of Islam and a High- Growth Economy
- To: POLITICAL EDITORS Contact: Chong Sin Woon for BN2008, +6019 382 8461,campaignupdates@BN2008.org.my KUALA LUMPUR, Malaysia, Feb. 27 /PRNewswire/ -- On Wednesday,Malaysian Prime Minister Abdullah Badawi takes his re-electioncampaign to the conservative Muslim heartland in the north of thecountry, an area that has benefitted from the government's high-growth and pro-investment...
- Articles 2008-02-27
- Prime Minister Badawi's Progressive Blend of Islam and a High-Growth Economy.
- KUALA LUMPUR, Malaysia, February 27 /PRNewswire/ -- - At home and abroad, Malaysian leader places emphasis on development of human capital On Wednesday, Malaysian Prime Minister Abdullah Badawi takes his re-election campaign to the conservative Muslim heartland in the north...
- Articles 2008-02-27
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