- Wednesday, 07 September 2016
- News
Australian GDP grew by 0.5% in Q2
The Australian economy expanded at a slower but solid pace in the second quarter, as firm consumer spending and trade continued to support growth. Gross domestic product (GDP) expanded at a seasonally adjusted 0.5% in the second quarter, the Australian Bureau of Statistics reported Wednesday. Compared to a year ago, the economy expanded 3.3%. A median estimate of economists called for a 0.6% increase. The economy grew 1.1% in the first quarter, the biggest quarterly increase in three years.
Read more...- Friday, 26 August 2016
- News
US GDP up by 1.1%
Real gross domestic product increased at an annual rate of 1.1 percent in the second quarter of 2016, according to the "second" estimate released by the Bureau of Economic Analysis. In the first quarter, real GDP increased 0.8 percent.
Read more...- Friday, 26 August 2016
- News
UK GDP grew by 0.6% in Q2
UK gross domestic product in volume terms was estimated to have increased by 0.6% between Quarter 1 (Jan to Mar) 2016 and Quarter 2 2016, unrevised from the preliminary estimate of gross domestic product published on 27 July 2016. This is the 14th consecutive quarter of positive growth since Quarter 1 2013.
Read more...- Friday, 29 July 2016
- News
US GDP grew by 1.2% in Q2
Real gross domestic product increased at an annual rate of 1.2 percent in the second quarter of 2016, according to the "advance" estimate released by the Bureau of Economic Analysis. In the first quarter, real GDP increased 0.8 percent (revised). The increase in real GDP in the second quarter reflected positive contributions from personal consumption expenditures (PCE) and exports that were partly offset by negative contributions from private inventory investment, nonresidential fixed investment, residential fixed investment, and state and local government spending. Imports, which are a subtraction in the calculation of GDP, decreased.
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