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Jun 1, 2024 · The data for total real GDP and per capita real GDP are from www.economagic.com and the U.S. Bureau of Economic Analysis , respectively, unless noted otherwise. Our main focus in Chow ( 1960 ) breakpoint testing is to look for evidence of breaks in the two real output series either when recessions as defined in this book start or near the ...
18 hours ago · Per capita spending on services increased 0.5%, while per capita spending on goods declined for the tenth consecutive quarter. On the month, GDP growth was flat in March from February, matching ...
18 hours ago · On a per-capita basis, household final consumption edged up 0.1% following three quarters of declines, and was focused entirely on services as spending on goods dropped for a 10th consecutive quarter.
6 hours ago · Personal consumption expenditures (PCE) is the value of the goods and services purchased by, or on the behalf of, "persons" who reside in the United States. Personal outlays is the sum of PCE, personal interest payments, and personal current transfer payments. Personal saving is personal income less personal outlays and personal current taxes.
4 hours ago · The economy grew at an annualized rate of 1.7%, compared with the 2.2% forecast by analysts in a Reuters poll, as well as the central bank's 2.8% estimate. The real gross domestic product (GDP) likely rose 0.3% on a monthly basis in April after the economy stalled in March, Statistics Canada said. Fourth-quarter GDP growth was revised to an annualized rate of 0.1% from 1.0% reported initially.
18 hours ago · Inflation was 33 percent for us, 5 percent for South Africa, 5 percent for Kenya, and 25 percent for Ghana,” he said. “Our GDP per capita is $1,111, while South Africa’s is $6,700, Kenya’s is $2,000, and Ghana’s is $2,200. External reserves as a percentage of GDP illustrate a tough picture. In the past, we were always richer than ...
18 hours ago · Annual Estimates and Growth Rates. Real GDP or GDP at Constant Prices is estimated to attain a level of ₹173.82 lakh crore in the year 2023-24, against the First Revised Estimates (FRE) of GDP for the year 2022-23 of ₹160.71 lakh crore. The growth rate in Real GDP during 2023-24 is estimated at 8.2% as compared to 7.0% in 2022-23.
