economic growth

Europe’s economy shrinks in first quarter as U.S. rolls ... U.S. economy shrank 3.5 percent in 2020 after growing 4 percent last quarter Stuck in the grip of a viral pandemic, the U.S. economy ... Read More

Britain's economy shrank 2% in the first quarter and 5.8% in March

Gross domestic product shrank in the first quarter ... grim news which sent the London stock market down more than one percent in early deals. ”March's GDP figures showed that the UK economy ... Read More

The average workday shrank by nearly an hour over the last 3 years, study finds

Workers are now putting in about four hours less a week compared to 2021. A new report by ActivTrak, a workforce analytics company, found that between the first quarter of 2021 and the third ... Read More

Economic News

South Korea's economy likely grew 0.6% last quarter, maintaining the same pace of expansion as in the previous three months, as improving exports offset weakening household consumption, a Reuters ... Read More

U.S. economy’s growth in the fourth quarter downgraded to 3.2%, GDP report shows

The economy does not appear to have lost a step early in the new year, either. The latest forecasts suggest the U.S. is expanding at a rate of over 3% in the first quarter. The economy’s top ... Read More

Canada's economy shrank by 0.3% in third quarter, StatsCan says

Canada's economy ... domestic product shrank by 0.3 per cent. Exports fell by 1.3 per cent and imports declined by 0.2 per cent. Household spending was flat for the second quarter in a row ... Read More

For good economic news, the Tories have an obvious choice

GDP shrank 0.1pc ... during the final quarter of last year. That’s two successive quarters of economic contraction – the technical definition of recession – the first the UK has seen ... Read More

UK fell into recession at the end of 2023 as economy takes center stage in runup to general election

LONDON (AP) — The British economy fell into recession at the end of 2023 for the first time since the onset of the coronavirus pandemic, as output shrank ... by 0.3% in the fourth quarter ... Read More

China’s economy expands by a surprisingly strong pace in the first quarter of 2024

China’s economy grew stronger than expected at the start of this year, mainly partly thanks to robust growth in high-tech manufacturing. Read More

NI economy 'likely shrank' in last quarter of 2020

The NI economy likely shrank ... saw quarter-on-quarter growth. Reuters NI economy sees record growth after record drop NI economy 'to contract by 11% in 2020' £290m plan for NI's post-Covid ... Read More

China’s economy beats expectations, growing 5.3 percent in first quarter

Statistics agency says economy has made ‘good start’ to the year under the leadership of Chinese President Xi Jinping. Read More

Canada’s economy keeps its head above ‘recession waters’ — for now

The Bank of Canada’s latest estimates in October called for 0.8 per cent growth. StatCan had previously said that the economy shrank modestly in the second quarter as well, but revised figures ... Read More