Tag: gdp
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China’s property woes offer a window into the demise of the country’s boom times
[ad_1] As China’s economic recovery continues to underwhelm, observers’ sights are turning from the country’s intractably weak consumer sector to the more worrying downturn in the enormous Chinese real-estate market. Sluggish economic growth in general and a softening property market in particular have increased expectations for stimulus measures to inject life into a post-COVID recovery…
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U.S. wholesale inventories hold steady in March
[ad_1] Wholesale inventories were flat for the second straight month in March, the government said Monday. Sales fell 2.1% in the month after a 0.4% gain in February. As a result, the inventory-to-sales ratio rose to 1.4 months from 1.37. A year ago the ratio stood at a much lower 1.25. The… [ad_2] Source link
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First-quarter GDP looks pretty good. The rest of the year doesn’t look so hot.
[ad_1] The U.S. economy got off to a surprisingly good start in 2023, but growth appears set to falter in the rest of the year as higher interest rates take a big bite. Before the first quarter, many economists were predicting little to no growth. But fueled by an early surge in consumer spending, gross…