The central bank’s GDPNow tracker of incoming metrics is indicating that gross domestic product is on pace to shrink by 1.5%.
The Atlanta Federal Reserve is projecting a contraction of the nation’s gross domestic product (GDP) of 1.5 percent in the ...
Government spending makes up 6% of total gross domestic product. And besides, spending cuts come with economic ripple effects ...
The US economy advanced at a healthy pace and inflation was more stubborn than initially estimated at the end of 2024.
Prime Minister Keir Starmer says the U.K. will raise defense spending to 2.5% of gross domestic product by 2027.
India's economic growth is expected to have picked-up in the October to December quarter as rural consumption improved ...
The US economy is setting up to take a major step back in the first quarter after a pair of reports showed weaker consumer spending and a dramatic widening of the trade deficit at the start of the ...
In 2024, the country’s savings rate — defined as gross domestic savings as a percentage of gross domestic product (GDP) — grew to 9.3%, reaching P2.47 trillion. Meanwhile, the investment rate was 23.7% ...
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