GDP

Gross domestic product (GDP) is a measurement of the market value of all the final goods and services produced in a specific time period in time. GDP provides a detailed economic look at a country, used to estimate the growth of economy.

Source: bea.gov

Countries Brace For Global Economic Impact Of Coronavirus
Countries Brace For Global Economic Impact Of Coronavirus
February 11, 2020  |  International

Canada Finance Minister Bill Morneau said that the coronavirus is probably going to have a “real” impact on that country’s economy, according to a report...

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US Economy Could Lose $10B To Chinese Travel Ban 
US Economy Could Lose $10B To Chinese Travel Ban 
February 05, 2020  |  Economy

China’s outbreak of the coronavirus has triggered travel bans that could end up costing the U.S. economy $10.3 billion in lost tourism dollars. Get the Full...

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GDP Data May Hint At Consumer Spending Slowdown
GDP Data May Hint At Consumer Spending Slowdown
January 30, 2020  |  Economy

The U.S. economy is still showing growth, yes, but growth is slowing — and may be slowing enough to stir up some caution. Get the...

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Why The Coronavirus May Dwarf SARS’ $40B Economic Toll
Why The Coronavirus May Dwarf SARS’ $40B Economic Toll
January 28, 2020  |  International

Certain events stand out in stark relief for reminding us of just how interconnected the global economy is in the 21st century. Get the Full Story...

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China Posts Worst Slowdown In Nearly Three Decades
China Posts Worst Slowdown In Nearly Three Decades
January 17, 2020  |  International

China’s economy grew by 6.1 percent in 2019, the lowest growth rate in the country since 1990, according to reports on Friday (Jan. 17). Get...

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Russian Central Bank Developing Business Debt-Risk Prevention Strategy
Russian Central Bank Developing Business Debt-Risk Prevention Strategy
December 30, 2019  |  B2B Payments

The Russian central bank is in the process of introducing debt guidelines to help companies stave off widespread risk as early as possible, Elizaveta Danilova,...

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Consumer Spending Drives US GDP Up 2 Pct
Consumer Spending Drives US GDP Up 2 Pct
December 22, 2019  |  Economy

With the current U.S. economy indicating brief warning signals of a slowdown in the last quarter to a .5 percent annual rate or lower, the...

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US Retail Sales Increased 0.2 Pct In November
US Retail Sales Increased 0.2 Pct In November
December 13, 2019  |  Retail

As Americans reduced their discretionary spending, retail sales in the United States rose by a level that was lower than expected in November. The Commerce...

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China’s GDP Near 30-Year Low As Trade War Impacts Factory Work
China’s GDP Near 30-Year Low As Trade War Impacts Factory Work
October 18, 2019  |  International

Economic growth in China is at a near-30-year low in the third quarter as tariffs start to negatively affect factory production, Reuters reported on Thursday...

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