Following a decrease of -0.4% between January and March, the Dutch GDP shrank by -0.3% quarter-on-quarter in the second quarter of 2023. Additionally, GDP in the second quarter was 0.3% lower than it was in the corresponding quarter in 2022…. Read More ›
Day: August 16, 2023
China’s Financial Problems Get Worse As A Trust Corporation Misses Payments And Property Prices Drop
Worries that China’s worsening real estate sector problem is choking what little economic momentum there is have increased in response to missed payments on investment products by a major Chinese trust firm and a decline in home prices. Angry investors… Read More ›
Strength In US Retail Sales Show How Resilient The Economy Is
As Americans raised their online purchases and increased their dining out, U.S. retail sales climbed more than anticipated in July, indicating that the economy continued to grow early in the third quarter and preventing a recession. The Commerce Department’s report… Read More ›
Could China’s Economic Slump Go Much Worse?
Retail sales, industrial output, and investment figures for China’s economy for July fell short of forecasts, raising fears of a more significant and protracted downturn in development. There have been previous inaccurate predictions about the end of China’s growth. Is… Read More ›