The European economy going into 2014
The Eurozone banking union deal gives the European economy a positive ending to 2013. According to The Conference Board, the deal will help the...
US GDP growing 4.1% annually
US GDP grew at 4.1% annual rate during the third quarter of 2013, according to a third estimate released by the Bureau of Economic...
Much of global food production may have peaked
About 30% of global food production of major cereal crops may have reached top possible yields in farmers’ fields, says a new study carried...
UK economy growing faster than expected, but deficit high
The UK economy is growing faster than expected, in spite of fears that underlying weaknesses still linger.
According to the Office for National Statistics, UK...
European Union credit rating slips from AAA
European Union credit rating with Standard and Poor’s slipped from AAA to AA+. After taking into account the deteriorating creditworthiness of several EU Member...
State personal income slowed in Q3 2013, USA
State personal income slowed down to 1.1% in Q3 2013, compared to 1.2% in Q2 2013, according to estimates published by the US Bureau...
US Leading Economic Index rose in November
The US Leading Economic Index rose to 98.3 in November (2004 = 100), an increase of 0.8% from October, which had increased by 1%...
Stimulus program taper to start in January
While the stimulus program taper starts in January, very low interest rates are here to stay for a very long while, the US Federal...
Tax revenues increase across OECD
Tax revenues continue to rise across the OECD (Organization for Economic Co-operation and Development) from the low levels reported during the height of the...
US current account deficit 4-year record low
The US current account deficit for the third quarter of 2013 was $94.8 billion, a 4-year record low, according to figures published by the...
