Canada’s Construction Spending Surges in June
In Canada, construction spending surged in June, boosting the country's growth rate to an annual 1.5% as reported by...
Gross domestic product
Retail Sales Surge Amid Auto Rebound After Cyberattack Disruption
In a surprising turn of events, U.S. retail sales surged 1.0% in July, mainly due to a rebound in...
U.K. Economy Returns to Growth in Q1 2024
**Lead:** The U.K. economy bounces back with a 0.6% growth in the first quarter, signaling a recovery from the...
Canadian Factory Sales Rise 0.2% in January, Motor Vehicle Sales Drive Recovery
Lead: Canadian factory sales show a modest recovery in January, driven by a surge in motor vehicle sales as...
The Trump vs. Biden Economy: A Comparison in 10 Charts
**Lead:** President Joe Biden and former President Donald Trump are gearing up for a high-stakes showdown in the upcoming...
Is the U.K. in Recession? A Look at the Indicators
The U.K. has officially entered a recession, with two consecutive quarters of negative economic growth. The country's gross domestic...
U.K. Enters Recession as Economy Contracts
The U.K. has entered a recession, following Japan, with a 0.3% contraction in GDP between October and December, according...
Indonesia’s Trade Surplus Narrows as Exports Decline
Indonesia's trade surplus narrowed in January as exports fell, outweighing a drop in imports. The country posted a trade...
U.K. Enters Recession as Economy Shrinks More Than Expected
The U.K. economy has fallen into recession as output across sectors decreased in the final months of 2023. Gross...
Moody’s Reports Strong 4Q Results and Forecasts Growth in 2024
Moody's Corp. reported a significant increase in fourth-quarter net income and predicts further growth in 2024 due to a...