&#39;Toba outlook for GDP down
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It sounds worse than it is. RBC Financial Group has downgraded Manitoba&#39;s GDP prospects for 2004 to 3.1% from 4.1%, blaming weaker than expected employment growth and a bad summer for farmers.
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RISMedia, Oct. 22, 2004âThe Conference Board reports today that the Composite Index of Leading Economic Indicators declined 0.1% in September, following a 0.3% decline in August, and a 0.3% decline in July.
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The U.S. economy is slowing but the outlook is benign, while Japan is poised for its longest post-war growth spell, OECD chief Angel Gurria said on Thursday.
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THE ASIAN Development Bank (ADB) said it has raised its GDP growth forecast for China to 8.8 percent from 8.3 percent, but slightly scaled down next year&#39;s projection for the world&#39;s fastest-growing economy to 8.0 percent from 8.2 percent.
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Economic growth this year will slow to 6 to 6.5 per cent as consumer and investor confidence deteriorates due to higher oil prices and expectations of interest-rate hikes, the National Economic and Social Development Board (NESDB) said yesterday.
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NEW YORK  - The U.S. economy is forecast to slow slightly next year, and inflation is expected to ease from this year's pace, the Philadelphia Federal Reserve Bank said on Tuesday.
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The government GDP report for the July-to-September quarter was unchanged from an estimate a month ago. The economy is expected to limp through the final months of the year.
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Stocks looked set to open lower on  Wednesday, with the focus on economic data for clues about the  outlook for growth and the Federal Reserve's next monetary  policy move.
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Eurozone economic indicators to be released in the coming week will show that business and consumer confidence is falling and that inflation is rising again, economists said.
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Stock index futures indicated a lower open on Thursday as investors braced for data on the services sector and other measures of the economy that could provide clues about the interest-rate outlook.
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A widely watched barometer of future economic activity edged lower in September for the fourth month in a row, suggesting a slowing in economic growth, a private research group said Thursday.
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The Index of Leading Economic Indicators, a widely watched barometer of future economic activity, edged lower in September for the fourth month in a row, indicating a slowing in economic growth, a private research group reported Thursday.
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The Japanese government downgraded its  view on the economy slightly on Tuesday, citing weaker exports  and output, but it said a recovery was continuing due to steady  domestic demand, in terms of both personal consumption and  capital spending.  "The economy continues to recover, while  some weak movements have been seen recently," the government  said in its monthly economic report.
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A gauge of future economic activity showed the U.S. economy will slow in coming months, reversing recent gains and suggesting higher gas prices and a sluggish construction industry are beginning to take their toll
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In its fall outlook, the global lender cuts estimates for US GDP growth for both 2004 and 2005. WASHINGTON  - US economic growth should pick up in the second half of 2004 but costlier oil and weak
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Eurozone experts are growing increasingly cautious about the outlook for growth in the single currency area in the face of the anticipated slowdown of the global economy, a new poll conducted by the European ...
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WASHINGTON (AFX) - The US economy is losing steam, the Conference Board said Thursday, reporting that the index of US leading economic indicators fell 0.3 percent in October, the fifth straight decrease.