Stiglitz says GDP may be poor indicator of economy
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Joseph Stiglitz, the Nobel laureate economist tapped to head a new French study, said Tuesday he sees gross domestic product (GDP), the most often cited yardstick, as an imperfect indicator.
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The U.S. economy should experience slower growth than originally anticipated for the remainder of the year and in 2007, the White House said Tuesday.
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China&#39;s real gross domestic product (GDP) is projected to average around 9 percent in 2004 andto slow to about 7.5 percent in 2005, the International Monetary Fund (IMF) said Wednesday.
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GDP data weaker than expected but stocks continue record-breaking rally.
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NEW YORK, October 21  - The US leading economic indicators declined for the fourth consecutive month in September this year indicating sluggish economic growth going into 2005.
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German economic data released Wednesday painted a mixed picture of the health of Europe's biggest economy, with analysts predicting a slowdown but of unknown proportions.
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ECONOMISTS may be fretting about the implications for the global economy of the near historically weak US dollar.
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The Motley Fool - We're heading into a recession. You've heard about it for months, even years, what with the housing bubble, the war in Iraq, overextended consumer credit -- you name it. A recent Merrill Lynch (NYSE: MER - News) report says that the U.S. economy will grow by only 1.9% next year, down from 3.4% this year, and slower than the global growth rate of 5.2%. Even slowpoke Europe should pass us at 2.1%, though the U.S. is ahead of the average European GDP growth rate of 2.7%.
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PARIS : Eurozone indicators to be released in the coming week should confirm that the pace of economic growth slowed in the third quarter, economists say.
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Gordon Brown today warns that weak growth in Europe is putting the global economy in jeopardy. In an article in the Financial Times, in which he cautions that the world recovery remains fragile, the chancellor
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The US gross domestic product grew only 2.2 percent last quarter.
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If you believe magazines are leading indicators of where the economy is heading, things are not looking good.
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The U.S. economyÂs third-quarter slump was not as bad as first estimated, but indicators suggest a steeper decline is coming soon.
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The economy grew at a slower pace than previously thought during the second quarter, official data has shown.
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Federal Reserve economists think aging workers and a shrinking workweek mean the maximum sustainable U.S. economic growth rate may slow, Fed Governor Frederic Mishkin said on Thursday.
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"Growth will slow down, due to increased global risk"  Germany's economy minister and a leading economic institute said Wednesday they expect 2008 growth to cool amid rising food and oil prices and fallout from the U.S. subprime mortgage loan crisis.Economy Minster Michael Glos was quoted by the mass-circulation Bild daily as saying the government was scaling back its forecast for 2008 to just under 2 percent. He did not give an exact figure.The Berlin-based DIW economic institute said it expected gross domestic product to expand by 2.1 percent in the coming year, following growth of at least 2.4 percent in 2007. Read more
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The chances of a recession are low even though UK economic growth will slow sharply, a report says.