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Gdp

All articles tagged with #gdp

When Visitors Drive GDP: The World’s Most Tourism-Dependent Economies
world10 days ago

When Visitors Drive GDP: The World’s Most Tourism-Dependent Economies

A Voronoi visualization using UN Tourism data maps tourism receipts as a share of GDP across 147 countries. Andorra tops the list as the most tourism-dependent economy, with Aruba and the Maldives close behind, while small island nations dominate the rankings. Even large economies like the UAE rely on tourism for a meaningful slice of output (over 10%), but many countries face risks from shocks and overtourism and are pursuing diversification into higher-value tourism and digital sectors to build resilience.

via Visual Capitalist|
#diversification#economies#gdp
NYC’s GDP at Risk as Mamdani’s Stance Spurs Billionaire Exodus
business17 days ago

NYC’s GDP at Risk as Mamdani’s Stance Spurs Billionaire Exodus

Data from the Partnership for NYC show the city’s private sector (about 300 firms) powers nearly 1 million jobs and contributes roughly $370 billion to GDP and $13.5 billion in taxes annually. Analysts warn that even a modest growth slowdown or a large exodus of firms—evidenced by Ken Griffin moving jobs to Miami and Apollo considering Florida/ Texas—could shave billions from GDP. A 10% growth dip could mean ~3,000 fewer jobs, a $168 million tax drop and a $4.8 billion GDP hit; a 30% exodus could translate to about 6,335 fewer jobs, ~$397 million in lost taxes, and an $11.7 billion GDP decline, all occurring as the city faces a multi‑billion-dollar budget gap and tax policy debates that could spur further relocations.

via New York Post|
#billionaire-exodus#business#gdp
US economy expands 2% in Q1 as inflation lingers and the job market stays resilient
business24 days ago

US economy expands 2% in Q1 as inflation lingers and the job market stays resilient

U.S. GDP rose 2% in Q1, a touch below economists’ forecasts, as consumer spending cooled and energy costs rose, while core inflation remained sticky at 3.2% year over year. The labor market stayed solid with unemployment at 4.3%, payrolls up 178,000, and initial claims at 189,000 — the lowest since 1969 — even as hiring cooled and continuing claims fell to 1.79 million. Stocks rallied on the growth signal as the Fed kept rates unchanged, weighing inflation against a still-robust jobs market.

via New York Post|
#business#fed-policy#gdp
US economy expands 2% in Q1 as Iran conflict lifts energy costs and slows consumption
business26 days ago

US economy expands 2% in Q1 as Iran conflict lifts energy costs and slows consumption

US GDP rose at an annualized 2% in Q1 2026, led by a rebound in government spending and a 6.4% jump in domestic investment, but consumer spending slowed as energy prices climbed due to the Iran war and inflation expectations increased. Oil touched about $126 a barrel, with the GDP reading an advance estimate and more figures to come. The Fed signaled a cautious stance amid political pressure, while policymakers weigh the war’s broader economic impact.

via The Guardian|
#business#gdp#inflation
business26 days ago

Steady GDP, Headwinds Ahead: Trump-Era Economy Braces for Oil Shock

GDP grew 2% in Q1 2026, signaling slow but steady expansion, while inflation rose to a four-year high as energy costs climbed. Gas prices surpassed $4.30 per gallon, squeezing households even as consumer spending remains resilient. Analysts warn that disruptions in the Strait of Hormuz and broader Middle East tensions could tighten oil supplies and slow growth before the midterm elections.

via Politico|
#business#gas-prices#gdp
Putin Demands Answers as Russia's Growth Falls Short of Forecasts
business1 month ago

Putin Demands Answers as Russia's Growth Falls Short of Forecasts

President Putin pressed the government and the Central Bank for explanations after Russia’s economy undershot expectations this year, with January–February GDP down 1.8% year-on-year. Calendar-adjusted figures show January flat and February up 0.3%, but construction and broader industrial activity remained weak. Oil and gas revenues plunged, widening the budget deficit to 4.58 trillion rubles, signaling limited upside as economists warn of only modest growth around 1% this year amid high interest rates and war distortions.

via The Moscow Times|
#budget-deficit#business#central-bank
economy1 month ago

Milder Q4 2025 GDP Gain Highlights Consumer Strength Amid Investment Slowdown

BEA’s third estimate shows U.S. real GDP rising 0.5% at an annual rate in Q4 2025, revised down 0.2 percentage point from the second estimate due mainly to weaker investment. Growth was supported by higher consumer spending and investment but weighed down by declines in government spending and exports, with imports also subtracted. Private services-producing activity rose 2.3%, while government (-7.8%) and private goods-producing (-1.8%) fell; wholesale trade, information, and health care and social assistance were key contributors. Real final sales to private domestic purchasers rose 1.8%; real gross output fell 0.5%. Corporate profits climbed about $247 billion in Q4. For 2025 overall, real GDP rose 2.1% and personal income grew 4.9%, with gains across states; Hawaii benefited from Maui wildfire settlement transfers, while DC lagged. The release notes that the October 2025 government shutdown shaved roughly 1.0 percentage point from Q4 growth and that October CPI data were imputed. Next BEA update is April 30, 2026.

via U.S. Bureau of Economic Analysis (BEA) (.gov)|
#bea#economy#gdp
Inflation sticks as growth slows ahead of Iran-triggered oil shock
economy2 months ago

Inflation sticks as growth slows ahead of Iran-triggered oil shock

The Commerce Department revises Q4 2025 GDP to a 0.7% annualized gain (half the prior estimate), with real final sales to private purchasers up 1.9% in Q4. Core inflation remains stubborn, with the January core PCE at 3.1% year over year and 3.7% annualized over the last three months. Consumer spending barely grew in January (+0.1%), while the saving rate rose to 4.5%. The labor market shows resilience (January job openings up 396,000 and a 4.2% openings rate), but analysts warn the Iran conflict could push energy prices higher, slowing growth in Q2 and complicating Fed policy, even as AI investment is eyed as a potential future boost not yet evident in Q4 2025.

via Axios|
#consumerspending#economy#fedpolicy
US GDP slows to 0.7% in Q4 as Iran risk looms over inflation
business2 months ago

US GDP slows to 0.7% in Q4 as Iran risk looms over inflation

The Commerce Department shows US GDP expanding at a 0.7% annualized rate in Q4, a downward revision from earlier estimates and well below Q3’s pace, dragged down by a government shutdown and weak exports; inflation remains a concern with oil-price pressures tied to the Iran conflict likely to push prices higher and complicate Fed policy, while the labor market remains fragile.

via CNN|
#business#economy#gdp
economy2 months ago

US GDP Growth Slows to 0.7% in Q4 2025 as Spending Shifts Emerge

Real GDP rose at a 0.7% annual rate in Q4 2025, down from 4.4% in Q3, helped by consumer spending and investment but dragged by government spending and exports; imports fell, and 2025 real GDP increased 2.1%. The October government shutdown and missing CPI data affected the release, with BEA’s next update scheduled for April 9, 2026 and data tables available online.

via U.S. Bureau of Economic Analysis (BEA) (.gov)|
#bea#economic-growth#economy
Trump’s ‘greatest economy’ claim meets the data
economy3 months ago

Trump’s ‘greatest economy’ claim meets the data

BEA data show 2025 real GDP rose 2.2% (Q4 at 1.4% annualized), a slowdown from 2024, with the Oct–Nov 2025 shutdown subtracting about 1 percentage point from Q4 growth. Job growth was weak in 2025 (~15,000 payrolls per month), though January 2026 added 130,000, and unemployment stood at 4.3%; federal employment fell 327,000 since Oct 2024. A Supreme Court ruling curtailed Trump’s tariffs, which now face exemptions and hinge on a new 10–15% rate; the average tariff is about 9.1%. Public opinion remains skeptical (about 39% approve the economy vs 59% disapprove), suggesting the data undercut the president’s boast about the economy.

via Euronews.com|
#bea#economy#gdp
Q4 GDP Slows as Federal Spending Drops and AI Investment Reshapes the Picture
economy3 months ago

Q4 GDP Slows as Federal Spending Drops and AI Investment Reshapes the Picture

Fourth-quarter GDP grew slower than expected as a 16.6% drop in federal spending—part of it tied to a government shutdown and allegedly caused by Elon Musk’s DOGE-related cuts—dragged overall growth, while consumption was led by healthcare spending; housing and durable goods weakened, and non-residential investment was mixed with AI-related equipment up but other areas soft. Inflation remained stubborn at about 2.9% PCE, complicating Fed policy, and uncertainty remains over tariff policy after a court ruling and the future of the AI-driven investment boom.

via Counterpunch|
#ai-boom#economy#elon-musk