Posts tagged as:

economic growth

Canadian GDP Numbers and Q2 GDP Forecast

August 29, 2010 · 3 comments

in 2010, Canadian, Canadian economy, GDP, Q2, economy, forecasts, indicators, international economy, news and updates

Canadian GDP data for the second quarter will be released on Tuesday by Statistics Canada.  Analysts are expecting slower growth than the previous two quarters, in which annualized GDP grew by 6.1% in Q1 (the largest quarterly GDP expansion in a decade) and 4.9% in last year’s Q4.
Comparing these numbers with the revised U.S. GDP [...]

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State of the Economic Union: How Will Obama Get Massive U.S. Budget Deficits To Budge?

January 27, 2010 · 2 comments

in 2010, GDP, January, Obama, US Treasury, US debt, US economy, budgets, debt, deficits, employment, fiscal year, government, news and updates, recession, special dates, stimulus, stimulus plan

The Obama administration sits between an economic rock and a political hard place.  Others might call it a contradiction.  Obama needs to cut spending, but he’s doing this at the same time that more spending is being introduced (on job creation, more troops in Afghanistan).  Slight cuts in some areas are supposed to offset increased [...]

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UK Stimulus Fails, Sees Sixth Quarter of Recession

October 24, 2009 · 5 comments

in UK, central banks, foreign investment, international economy, news and updates, recession, stimulus

The Bank of England surprised all economic estimates today when it revealed that the UK GDP continued to contract in the third quarter.  Most analysts were expecting modest growth, and the Bank of England itself had been jawboning the notion that there would be growth.  Instead, GDP contracted by 0.4%, which raises questions about other [...]

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