The Latest Breaking News from GDP

Last month, the Department of Commerce released troubling data on the anemic economy, showing that gross domestic income (GDI) shrank in the previous six months. That’s no surprise to half of Americans who believe we’re currently in a recession, but the data refute President Joe Biden’s claim that the economy…

New Zealand experienced a shallow recession after two quarters of negative GDP growth to March 2023, data released by Stats NZ shows.

The government is advised to seek methods to increase its revenue-to-GDP ratio following a continuous decline, while remaining prudent in incurring higher levels of debt, says a Finance Ministry source who requested anonymity.

The election result is clear and the MOU to form a 312-seat government in the 500-seat parliament is agreed. But who will lead Thailand and its economy for the next four years is unclear. Whether it will be a pro-equality government, pro-growth government, or even a pro-big-spending government remains in…

See why U.S. debt will continue to rise, thanks to factors such as inflation, Medicare, and Social Security spending.

GDP was up 0.2 per cent in April, in line with City forecasts

The UK's GDP was boosted by 0.2 percent in April after a fall in March

GDP rose by 0.2% in April, with rising car sales and reduced impact of strikes also playing a part

UK economy has bounced back from March’s contraction, but experts fear rising interest rates will cause recession

A return to growth for the UK economy in April was today offset by caution in the recruitment sector after staffing firm Robert Walters warned on profits.

Economists are at odds as to whether New Zealand books a recession when Stats NZ releases first quarter GDP data.