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Economic Indicators


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District GDP of India

District GDP of India, 2006-07 brings out the first ever estimates on Gross Domestic Product across sectors at district level for all states and UTs of the country. These estimates provide information for all 593 districts in India covering important economic indicators like GDP at current & constant prices, short term real GDP growth across sectors, labour productivity, credit penetration in each

2Vote!

Recession fear as GDP growth in UK slows

The economic slowdown in Britain gathered pace in the second quarter of the year, with GDP growth of just 0.2pc as the impact of the global credit crunch on the housing market and consumer spending deepened.

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GDP predicted to grow for another 10 years in Panama

I have to laugh when I read headlines like this one in the local press. I wonder who they think really believes that anyone can predict future economic events ten years out. Whenever the papers anywhere bring out various economic...

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Deflation and the State of the Economy

Mark Perry on deflation: Rising food and energy prices have received a lot of media attention lately, along with concerns about the threat of inflation. The chart above... shows a sample...

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U.K. GDP Slowed Sharply in the Second Quarter

And the risk of self-fulfilling prophecies a worry.

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Second Quarter Real GDP = +3%

That according to First Trust Advisors . Of course, that flies in the face of public opinion. That won’t be good for Obama, who is relying on a poor economy for his campaign. Then again, we’ll...( read more )

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Housing slowdown weighs on British second-quarter GDP growth

LONDON (MarketWatch) -- A drop in construction output led by a large fall in new housing construction contributed to a deceleration in British economic growth in the second quarter, the Office for National Statistics reported Friday in a preliminary estimate. GDP grew by 0.2% in the second quarter for an annualized expansion of 1.6%. Consensus expectations were for a 0.3% quarterly growth and an annual...

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Monetary policy: A warning vote

If interest rates move, the direction will be up rather than down AS THE economy stumbles and inflation surges, the Bank of England's rate-setters face a predicament. Should they cut interest rates to help ward off a severe downturn? Or should they raise rates in an effort to tame inflation? The obvious response to such a dilemma is to stay put and that is exactly what the central bank's monetary-policy...

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GDP growth slowing sharply

First quarter GDP numbers were very disturbing. The UK is in dive mode. Since last summer, the UK economy has slowed sharply and based on current trends, it could hit negative growth territory during the second half of this year. Time for an interest rate cut, perhaps? Inflation doesn't seem to be paying much attention to the slowdown in growth. According to the latest Bank of England agent survey,...

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Rethinking China’s Tight Monetary Policy

From Caijing Magazine: Midway through what Premier Wen Jiabao called “the most difficult year,” China has now reached a critical point where economic planners must decide whether the tight monetary policy in place since December 2007 should be relaxed to prevent an economic downslide before 2009. Against the backdrop of Beijing policies ...

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UBS cuts 2009 China GDP forecast to 8.8% from 9.5%

(BEIJING) UBS yesterday lowered its forecast for China's gross domestic product growth in 2009 to 8.8 per cent from 9.5 per cent, citing a weaker global outlook and slower export-related investment.

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Inflation, deflation, the world economy and freedom

This article by Matthew Beller on the Mises website tries to show how the US government can't "print its way out" of the present crisis. The Federal Reserve controls the "monetary base" of physical currency and bank deposits, which represent only 15% of the money supply; the rest is bank lending. Currently, the banks are in a fright, so they are reducing credit, on which the economy depends. But if...

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GDP slows as housebuilding slumps

LONDON (Reuters) - Economic growth slowed as expected in the second quarter of this year to its weakest rate in three years as private housebuilding slumped, the Office for National Statistics said on Friday.

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Dallas Fed Reserve Bank: Local industries feel pinch of energy prices

The Federal Reserve Bank of Dallas says energy prices are impacting a broad range of local businesses.

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Unobserved Country Heterogeneity: GDP Levels or Growth Rates

Have you ever noticed that, when considering the economic performance of different countries, people often just report the GDP growth rate without any corrections for e.g. initial GDP ? It's as if they thought that countries generally have about the same growth rate and any deviation from the world average is interesting. This is very odd as most growth models imply that growth rates should be very...

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District GDP of India

District GDP of India, 2006-07 brings out the first ever estimates on Gross Domestic Product across sectors at district level for all states and UTs of the country. These estimates provide information for all 593 districts in India covering important economic indicators like GDP at current & constant prices, short term real GDP growth across sectors, labour productivity, credit penetration in each...

1Vote!

40 British students to get a taste of Indian culture, Hundred British students

Hundred British students aged between 18 and 19 years have been selected by the UK government to get a first hand opportunity to spend six weeks in India, China or Brazil. Of this, about 40 students will visit India to witness its economic growth, competitive environment and undertake research work in a local school to get exposure to the rich Indian culture & history.

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China: An Insurance Giant

China: An Insurance Giant - rupali

China has been the fastest-growing nation for the past quarter of a century with an average annual GDP growth rate above 10%. Chinese economy is the 4th largest in the world after the US, Japan and Germany, with a nominal GDP of US$3.42 trillion (2007) when measured in exchange-rate terms. China is the world’s largest untapped insurance market. With GDP growth of over 10% per annum, rapid economic...