Tag: Economic growth
Germany says economy may grow 4% this year as pandemic eases
BERLIN — The German economy, Europe's biggest, may grow up to 4% this year as the coronavirus pandemic recedes, a senior official said Thursday.
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Federal Reserve survey sees economy growing at faster pace
WASHINGTON — The U.S. economy grew at a somewhat faster pace in April and May despite disruptions that choked supplies to the nations manufacturers,...
Brazil’s economy grows more than expected in first quarter
RIO DE JANEIRO — Brazil's economy grew more than expected in the first quarter of 2021, continuing its rebound from pandemic recession as many...
Bank of Italy forecasts 4% GDP growth in 2021
MILAN — The head of Italy’s central bank said Monday the eurozone’s third-largest economy could grow 4% this year, after shedding 9% during the...
German GDP slumps but optimism up as vaccinations increase
BERLIN — Germany's economy contracted more than expected in the first quarter amid coronavirus lockdown measures, according to statistics released Tuesday, but a leading...
Survey: Business economists foresee best growth in 37 years
WASHINGTON — The nation's business economists have grown much more optimistic about the U.S. economy this year, with a majority predicting that increased vaccinations,...
New Zealand spending plan includes rebuilding Antarctic base
WELLINGTON, New Zealand — New Zealand plans to rebuild its Antarctic base and spend billions more on welfare payments as part of a spending...
Japan’s economy shrinks 5.1% as pandemic dries up spending
TOKYO — The Japanese economy contracted at an annual rate of 5.1% in January-March, slammed by a plunge in spending over the coronavirus pandemic,...
WH memo sees economic strength where critics see fragility
WASHINGTON — White House officials are seeking to quell anxiety about inflation and the pace of hiring — issuing a memo Tuesday that highlights...
UN raises global economic forecast to 5.4% growth in 2021
UNITED NATIONS — The United Nations on Tuesday responded to the rebounding Chinese and U.S. economies by revising its global economic forecast upward to...