GDP


2024-08-30

[News] US Q2 GDP Growth Revised up to 3% as Initial Jobless Claims Slightly Declined

    Summary:  Q2 real GDP revised up to 3.0% Initial jobless claims last week fell by 2,000 to 231,000 Continuing claims last week rose by 13,000 to 1,868,000   The U.S. initial jobless claims slightly declined last week, as reported by the Bureau of Labo...

2024-08-13

[News] A Quick Summary: Key Economic Indicators to Watch in the Week ahead

Over the past two weeks, the unexpected rate hike by Japan, coupled with weak U.S. manufacturing PMI and rising unemployment rates, sparked fears of an economic recession in the markets. Meanwhile the strengthening of the yen prompted a significant number of carry trade investors to sell assets to ...

2024-08-07

[News] China’s July Export Growth Slows, Posing Challenges to Annual GDP Target

The General Administration of Customs of the People's Republic of China released the import and export data for July on August 7. The total export value in July, measured in USD, was $300.5 billion, representing a 7.0% year-on-year growth. However, this figure is lower than June’s 8.6% growth and...

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