Focus
GDP
NZ Economy Shrinks Further, but Narrowly Avoids a Recession
The contraction was better than predicted by the Reserve Bank of New Zealand, which had forecast a fall of 0.5 percent.
Treasury Downgrades Growth Forecasts Ahead of Budget
‘Events in the Middle East are casting a shadow over the global economy, compounding the concerns about lingering inflation and weaker growth.’
US Economy Did Better Than Expected in the Fourth Quarter, but Current GDP Estimates Crash
New revised GDP data show better-than-expected economic growth in fourth quarter 2023, but real-time GDP estimates for first quarter 2024 dropped sharply.
‘Slowest Annual Growth Since COVID-19’: Australian Economy Grows 1.5 Percent in a Year
Household spending increased just 0.1 percent in the December quarter.
US Economic Growth Revised Downward, Inflation Adjusted Upward in 2nd GDP Estimate
Consumer and state and local government spending were revised higher in the fourth quarter.
Consumer, Government Spending Lead to Better-Than-Expected 4th Quarter GDP
Government and consumer spending accounted for much of the US economic growth.
The Day the Dollar Dies?
Debt, reckless foreign policy, and the malicious intent of our adversaries threaten the dollar as the world’s reserve currency.
