To explain these results, we show that economic growth and growth in consumer confidence are correlated during the fourth quarter, but not during the other quarters: When economic growth is low (high) during the fourth quarter, confidence in the economy is also low (high), such that investors...
Define economic growth. economic growth synonyms, economic growth pronunciation, economic growth translation, English dictionary definition of economic growth. A rise in the National Income which implies a rise in living standards. Dictionary of Unfamili
said second-quarter economic growth is likely to come in at about 1 percent,meaning economic growth will have to accelerate to 7.8 percent in the second half of the year to achieve full-year growth of 5.5 percent.
Echoing Xing's expectations, Yang Delong, chief economist with First Seafront Fund, said pent-up consumer demand in the past three years would revive, and economic growth would accelerate quarter by quarter. Among observers that are bullish on China's real estate market, Deng Haiqing, chief inve...
(Reuters)-Economic growth regained speed in the first quarter, but not as much as expected, which could heighten fears that the already weakening economy could struggle to deal with deep government spending cuts and higher taxes.Total domestic product expanded at 2.5 percent annual rate.The increas...
As for the image above, the chart shows GDP numbers by quarter since the Great Recession began. The red columns show the economy under the Bush administration; the blue columns show the economy under the Obama administration.
In the first quarter, Jiangsu reported steady growth in investment, consumption and exports. The retail sales of units above designated size through the public network increased by 22.9% year-on-year. Income from food delivery services and meals sold through public networks increased by 39.3% and...
The government hadpreviously estimatedthat the economy expanded at a 2.7% annual rate last quarter. The rise in the gross domestic product — the economy’s total output of goods and services — for the October-December quarter was down from the3.2% growth ratefrom July through September. For...
On July 17th, the report card for the national economy in the first half of the year has been released. The data shows that the country's gross domestic product (GDP) grew by 5.5% year-on-year in the first half, with a growth rate of 6.3% in the second quarter. What does this ...
Four-quarter or year-over-year growth rate: This compares a single quarter’s GDP from two successive years as a percentage. It's often used by businesses to offset the effects of seasonal variations. Annual average growth rate: This is the average of changes in each of the four quarters....