Recovery in Euro Area Seen Falling Behind Schedule
Published: 3/3/2010 5:44:02 PM
By: Anna Fedec, contact@tradingecoomics.com
After promising data in the third quarter of 2009, the Euro Area economy expanded by only 0.1% in the last three months of last year. And if it wouldn't be for France's 0.6% growth, the common currency zone would most likely record a contraction.
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Australia GDP Growth Accelerated to 0.9% Last Quarter
Published: 3/3/2010 11:21:13 AM
By: TradingEconomics.com, Bloomberg
Australia’s economy grew last quarter at the fastest pace in almost two years, underscoring the central bank’s decision yesterday to boost borrowing costs for the fourth time in five meetings
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Swiss Economic Growth Picks Up
Published: 3/2/2010 10:01:07 AM
By: TradingEconomics.com, WSJ, Bloomberg
Switzerland's gross-domestic-product growth accelerated in the fourth quarter of 2009, adding to recent signs that the country is fast recovering from the global financial crisis.
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Canada Fourth-Quarter Growth Is Fastest Since 2000
Published: 3/1/2010 9:42:18 AM
By: TradingEconomics.com, Bloomberg
Canada’s economy expanded at a 5 percent annualized rate in the fourth quarter, faster than predicted by the Bank of Canada, raising pressure on policy makers to increase interest rates later this year.
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Despite Recent Growth, US Recovery is Still Weak
Published: 2/26/2010 3:16:38 PM
By: Anna Fedec, contact@tradingeconomics.com
In the fourth quarter of 2009, the United States economy expanded at an annualized rate of 5.9% giving the impression that the recovery in world’s largest economy has been stronger than expected. Yet, growth was mainly due to inventory rebuilding and the recent economic expansion maybe short lived.
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U.K. Emerges From Recession at Faster Than Estimated Pace
Published: 2/26/2010 9:52:20 AM
By: TradingEconomics.com, Bloomberg
Britain emerged from recession at a faster pace than previously estimated in the fourth quarter, providing a boost for Prime Minister Gordon Brown as he prepares for a general election within weeks.
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U.S. Economy Grew at 5.9% in Q4
Published: 2/26/2010 9:48:01 AM
By: TradingEconomics.com, Bloomberg
The U.S. economy expanded at a 5.9 percent annual rate in the fourth quarter, more than the government reported last month, reflecting stronger business investment and a greater contribution from inventories.
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Japan’s Economy Grows 4.6%
Published: 2/15/2010 11:23:56 AM
By: TradingEconomics.com, Bloomberg
Japan’s economy grew faster than economists anticipated last quarter, reducing the risk of falling back into a recession even as deflation intensifies.
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Europe’s Recovery Almost Stalls
Published: 2/12/2010 9:36:04 AM
By: TradingEconomics.com, Bloomberg
Europe’s recovery almost stalled in the fourth quarter as waning spending and investment in Germany unexpectedly brought growth in the region’s largest economy to a halt.
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Debt Crisis May Endanger Europe's Economic Recovery
Published: 2/6/2010 12:24:28 PM
By: Anna Fedec, contact@tradingeconomics.com
In the third quarter of 2009, the Euro Area economy emerged from the worst recession since World War II. Yet, during the last few weeks, the single currency union has been facing the biggest challenge since its establishments as lower tax revenues started bringing fiscal deficit in some member countries to unsustainable levels.
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