
US Economy: Second Estimate of Q4 2024 GDP Released
Recent data released by the U.S. Department of Commerce indicates that the country’s economy showed stable growth in the fourth quarter of 2024, according to the second estimate of Gross Domestic Product (GDP). This figure increased by 2.1% year-over-year, representing a slight improvement over the first estimate that was at 2.0%.
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Strong Growth of the US Economy in Q4 2024
Recent data released by the US Department of Commerce has shown that the country's economy continues to maintain its resilience and dynamism. In the fourth quarter of 2024, the Gross Domestic Product (GDP) increased by an impressive 4.5% compared to previous quarters. This growth was made possible by significantly rising consumer spending, which acts as the engine of the US economy. Experts note that such positive dynamics play a key role in sustaining economic confidence.
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Brazil's Economy Shows Impressive Growth in Q2 Driven by Consumer Spending
Brazil's economy has demonstrated impressive growth in the second quarter of 2024, primarily due to an increase in consumer spending. According to data released in early September, the country's gross domestic product (GDP) grew by 1.5% compared to the previous quarter. This figure was significantly higher than economists' forecasts, which anticipated a more modest growth of around 0.8%.
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Strong US Economy: Revised Data Shows 3% Expansion
The US economy continues to show strong performance, according to recently updated economic data. The annual Gross Domestic Product (GDP) growth has been revised to 3%, surpassing previous estimates and highlighting the remarkable resilience of the consumer sector. This growth has been fueled by increased household spending and a recovery in business activity, even amidst rising interest rates.
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Polish Economy Shows Growth, Reducing Pressure for Rate Cuts
Recent data released in Poland indicates that the country’s gross domestic product (GDP) growth in the third quarter of this year exceeded expectations. The GDP increased by 4.2% year-on-year, significantly surpassing analysts' predictions of a more moderate 3.5% growth. This development serves as an important signal for financial markets and may influence the central bank's decisions regarding changes in interest rates.
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