Tag: gross domestic product

On Health of the US Economy, Republicans and Democrats See Things Differently

August 30, 2022
Business & Marketseconomygross domestic productPoliticsrecessionU.S. economyUS
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A majority of people who voted for former President Donald Trump admit that America is in a recession, while only a minority of Biden supporters agreed, according to a recent poll by The Economist and YouGov. In response to a question about whether the United States is in a recession, 82 percent of respondents who voted…

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Japanese Economy Grows After Government Eases COVID-19 Restrictions

August 15, 2022
Asia & PacificBusiness & MarketsCOVID-19 restrictionseconomygross domestic productinflationJapanese economyWorld
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The Japanese economy grew during the second quarter of 2022 and returned to its pre-pandemic level, but the recovery has been slower than in other major economies. Japan’s gross domestic product (GDP) grew at a 2.2 percent annualized rate during the second quarter, according to the Japanese Cabinet Office. The size of Japan’s economy, the…

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Statistics Canada Says Economy Grew 0.6% in November, Gets Back to Pre COVID Level

February 1, 2022
CanadaCOVIDeconomygrossgross domestic productpre covidStatistics CanadaWorld
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OTTAWA—Statistics Canada says real gross domestic product rose 0.6 percent in November before COVID-19 cases began to surge at the end of the year. The growth in November marked the sixth consecutive monthly expansion and pushed the economy above pre-pandemic levels by 0.2 percent, the agency said Tuesday. Gains in November were seen in wholesale…

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China Q4 GDP Records Slowest Growth in 18 Months: Official Data

January 17, 2022
Business & EconomyChinaChina Business & Economyeconomic policieseconomyevergrandegross domestic productnational bureau of statistics
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China’s economy saw the weakest expansion in a year-and-a-half during the last quarter, official data show. Gross domestic product (GDP) grew 4 percent in the final quarter of 2021 from a year earlier, China’s National Bureau of Statistics announced on Jan. 17, down from the 4.9 percent gain in the third quarter—a further deceleration from…

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