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The country's GDP increased at an annual rate of 3%, a sharp turnaround from earlier this year when it fell 0.5%.
The turnaround was driven largely by a reversal in trade flows. Imports dropped sharply after a front-loaded surge in the ...
Economists can use GDP to determine whether an economy is growing or experiencing a recession. Here is a look at quarterly GDP since Q2 1947. Prior to 1947, GDP was an annual calculation.
GDP continued its upward trajectory through 2023 and 2024. In 2024, the U.S. GDP grew 2.8%, just slightly below the 2.9% increase in 2023.
Statistic Canada's Friday release of Gross Domestic Product (GDP) data is expected to show that growth in the third quarter came in at one per cent annually, according to consensus estimates from ...
Analysts warn that weak demand at home and rising global trade risks will ramp up pressure on Beijing to roll out more ...
On a seasonally adjusted quarterly basis, the economy decreased 1.3% in April to June, according to official data, the biggest drop since Q3 in 2022 when it was down 2.5%.
INE revised quarterly GDP data for the second quarter to a 1.2% expansion from a previous 1.1% and for the first quarter to a 0.7% contraction from a previous 0.6% contraction.
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