GDP
February 26, 2010 - 0 comments
Washington -- The Commerce Department Friday raised its estimate of U.S. economic growth in the fourth quarter from 5.7 percent to 5.9 percent.
February 12, 2010 - 0 comments
Bucharest -- Romania's gross domestic product decreased by 7.2 percent in 2009, the National Statistics Institute reported from Bucharest Friday.
February 12, 2010 - 0 comments
Brussels -- The statistical office for the European Union, Eurostat, Friday said the gross domestic product in Europe was nearly flat in the fourth quarter.
February 12, 2010 - 0 comments
Sofia -- Bulgaria's gross domestic product fell by 5.1 percent in 2009, ending a three-year growth pattern, the National Statistics Office in Sofia said Friday.
January 29, 2010 - 0 comments
Washington -- The U.S. economy climbed for the second consecutive quarter to close out 2009, jumping a seasonally adjusted rate of 5.7 percent, the government said.
London, December 29 -- According to latest figures from the Chartered Institute of Personnel Development, unemployment in U.K. will reach 2.8 million, rising continuously for the first six months of 2010.
by Ishita Sood - December 23, 2009 - 0 comments
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The third quarter GDP result is out, and even though figures are not that impressive, they are definitely positive compared to the previous four negative quarters.
GDP growth in the third quarter stands at 2.2 percent, to which the maximum contribution came from the Cash for Clunkers program.
Also known as the Car Allowance Rebate System, the Cash for Clunkers is a $3 billion federal program given to the U.S. residents for purchase of new and efficient vehicles.
December 7, 2009 - 0 comments
Raykjavik -- Iceland's gross domestic product fell 7.2 percent on an annual basis in the third quarter and 5.7 percent from the second quarter, the government said.
by Ishita Sood - November 25, 2009 - 0 comments
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The U.S. economy is not recuperating as fast as it was supposed to said a report by the Commerce Department Tuesday.
Gross Domestic Product --the total value of goods and services in the economy for the third quarter is reported to be only 2.8 percent compared to 3.5 percent for July-September.
New York, October 29 -- Economists estimate a 3.2 percent GDP growth in the third quarter, thereby putting an end to the woes of the economy.
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