The Latest Breaking News from GDP

The Office for National Statistics (ONS) said there was zero growth in gross domestic product (GDP) month on month in July

A slowdown in the pace of the UK economy was today confirmed in updated figures for the second quarter.

Heavy truck sales don’t get nearly as much headline coverage as Fed decisions, but history shows it’s a recession indicator worth watching for investors.

Stronger GDP also means the Federal Reserve will be under less pressure to lower rates aggressively.

The share of corporate income tax in total tax revenues and GDP varies widely across Europe, reflecting differences in national tax policies. Euronews Business takes a closer look at the shares, rates, and what they mean.

The U.S. economy closed the second quarter with a final GDP growth rate of 3.8% — its strongest performance since the third quarter of 2023 and above the long-term average pace.

The outlook for lower US interest rates is in the spotlight after yesterday’s big upgrade to GDP figures.

The dollar index (DXY00 ) on Thursday rose by +0.64% to a 3-week high. The dollar rallied as Thursday’s US economic reports were hawkish for Fed policy. US Q2 GDP expanded more than expected, weekly jobless claims unexpectedly fell to a 2-month low, and August core (ex-defense and aircraft) capital...

“We agree that the economy is strong and growing," says Northlight's Chris Zaccarelli, "but a lot of that good news is already priced in — and then some."

Some GDP growth in the second quarter was a result of trade whiplash.

The dollar index (DXY00 ) today is up by +0.43% at a 3-week high. The dollar is climbing as today’s US economic reports were hawkish for Fed policy. US Q2 GDP expanded more than expected, weekly jobless claims unexpectedly fell to a 2-month low, and August core (ex-defense and aircraft)...