The IMF figure for the USA’s debt-to-GDP ratio of 131.2% includes both of these figures. Debt Held by the Public Some sources count only the debt held by the public as the national debt. According to the Congressional Budget Office, debt held by the US public is 79% of GDP ($16.8...
New data shows economy ended strong in 2023 Economic strength surpasses expectations, new GDP data shows04:07 After almost two years of jacking up interest rates, the Federal Reserve on Wednesday againleft its benchmark interest rate unchangedamid signs of steadily cooling inflation andsolid economic...
Generally, recessions include a decline in GDP and a rise in job cuts, which is how most Americans typically experience a recession. During the Great Recession, about 700,000 people lost their jobs each month from October 2008 to April 2009, according to Brookings. What happens to the job m...
Is this a short-term action? How will this unfold over time? I think all of us are speculating, and I think we’re going to listen and learn and make sure that we can control the things we can control. But we don’t want to overreact right now to one day and one headline.”...
However, SEE is still an emerging field, with research occurring only in its early stages; rather, it has been primarily theoretical and fragmented. This study aims to conduct a bibliometric review of the literature on SEE. A total of 102 documents indexed in Scopus from 2004 to 2023 were ...
China is the biggest importer of raw cotton at 22% with Turkey at 17% and Indonesia at 15%. The United States has been the major cotton player for almost 200 years and very few other markets have remained unchanged for so long. The federal government provides over $1 billion in subsidies...
And a high GDP value is a sign of higher average income and stock prices – all indicators of a good economy. Here’s the GDP per capita (adjusted by PPP or purchasing power parity) of different Asian countries, as per the World Bank data: Country GDP Per Capita South Korea USD 34,...
GDP is the sum of investment plus the total amount of goods and services that are consumed by final users plus government spending plus the balance of international trade.4 In short, investment expenditures are productive whereas consumption sim- ply uses up what has been produced elsewhere; ...
I’ll admit it: AI is going to play a big role in the future of affiliate marketing (and digital marketing more broadly). Since ChatGPT went mainstream in 2023, it’s shaken up the world of work and opened hte door to a number of major AI players, from Anthropic’s Claude to Deep...
GDP, or Gross Domestic Product, is a widely recognized metric that gauges the total monetary value of all goods and services produced within a country's borders in a specific time frame. It is a powerful tool to assess the economic health and growth of a nation. 13 In contrast, the GPI...