Monday, May 5, 2025

GDP

China Reports 6.7% Growth for the Third Straight Quarter

China’s GDP growth ‘suggests quite significant smoothing of the data’: analysts China’s gross domestic product continued to grow at a steady rate of 6.7% for the third straight quarter. Government infrastructure projects and a booming property market spurred prices and demand for raw materials and goods, from cement and steel to furniture, reports Reuters. The third straight quarter of identical

For the Year, U.S. Economic Growth Exceeds Five Year Average

In spite of reaching only 0.7% in fourth quarter of 2015 The U.S. Bureau of Economic Analysis released the growth numbers for the U.S. economy for fourth quarter, and full-year, 2015. According to the BEA, economic growth was just 0.7% in the fourth quarter of the year, as business investment slowed down. Better employment numbers have helped improve the housing