Gross Domestic Product Data and Economic Growth News
UK plans bank holiday if England wins World Cup
With England still chasing a place in the World Cup final, the UK government is preparing a possible one-off bank holiday tied to a victory parade. The move is drawing support from pubs and some ...
U.S. wholesale inventories growth revised lower in May, signaling softer GDP support
A downward revision to U.S. wholesale stockpiles in May suggests inventory rebuilding may provide less support to second-quarter economic growth than previously expected. The weaker reading comes ...
James Latham reports higher revenue and profit, lifts dividend
James Latham ends its financial year to 31 March 2026 with higher sales and earnings despite difficult economic conditions and competitive pressure in parts of the market. The UK timber and panel ...
U.S. goods trade gap widens in May as imports rise on supply concerns
Heightened concern over potential shortages and rising costs linked to the Middle East conflict is driving U.S. businesses to bring in more goods. The wider May trade gap could weigh on ...
Goldman Sachs says Brexit continues to weigh on UK growth and investment
A decade after the Brexit referendum, the UK economy is looking more like the euro area than the U.S. in terms of weaker growth and softer investment performance. Goldman Sachs says Britain’s ...
Ways and Means Committee highlights lower inflation and stronger U.S. growth after May PCE data
Fresh U.S. inflation and growth data are prompting a renewed political debate over how quickly household costs are easing and whether economic momentum is strengthening. The latest May PCE reading ...
U.S. personal income rises in May as core PCE inflation reaches highest level since October 2023
U.S. consumer spending and personal income increase in May, while inflation accelerates further above the Federal Reserve's 2 percent target. Core personal consumption expenditures inflation ...
U.S. first-quarter GDP growth revised higher as consumer spending weakens
A stronger upward revision to U.S. first-quarter economic growth points to firmer overall activity at the start of the year, even as household demand loses momentum. The updated figures show ...
Kalshi traders price low odds of 3% U.S. GDP growth in 2026
Market expectations are diverging from the Treasury Department's upbeat view of the U.S. economy as investors assess growth and inflation signals for 2026. Kalshi traders assign a 14.2% chance ...
Heathrow expansion estimate points to limited UK GDP gain
The UK government’s latest assessment puts the economic benefit of a third runway at Heathrow well below the level promoted by the airport. Department for Transport analysis says the project ...
RBI kept the repo rate unchanged, raised the inflation forecast for 2026-27
The Indian Monetary Policy Committee maintains its policy stance unchanged at the June 2026 meeting amid concerns over the West Asia conflict, high energy prices, and a weak monsoon. The committee ...
U.S. business inventories rise in April, supporting second-quarter growth outlook
Inventory accumulation picks up at U.S. businesses in April, adding to signs that stock rebuilding is supporting economic activity in the second quarter. The gain follows several quarters in which ...
George Selgin: Gap between U.S. actual and potential real GDP remained until WWII
George Selgin highlights that while U.S. real GDP increased significantly between 1933 and 1937, this did not constitute a full recovery. He explains that potential real GDP also grew rapidly ...
UK economy estimates show lasting Brexit drag on growth, investment and productivity
More than six years after Britain leaves the European Union, major researchers and official bodies continue to estimate a persistent economic cost from Brexit. Their assessments vary in size and ...
Vincent Geloso: GNP rose faster than GDP over 1989 to 2010
Vincent Geloso points out that using the wrong denominator—GDP instead of GNP—can exaggerate reported increases in certain ratios. He references data showing that, when available, gross ...
Republican-led Southern states draw factory investment and population growth in the U.S.
Industrial investment in the U.S. is shifting toward Southern states as manufacturers, logistics operators, and tech infrastructure developers favor faster permitting, lower taxes, and cheaper ...
U.S. World Cup boost seen as temporary by banks
With the Fifa World Cup 2026 due to start next week, major banks are signaling that the tournament is unlikely to deliver a meaningful or lasting lift to the U.S. economy. Their estimates suggest ...
Serbia’s GDP to world comparison remains below its 1970s high, Branko Milanovic notes
Branko Milanovic highlights the trajectory of Serbia’s GDP per capita compared to the global average. He observes significant progress from 1952 to 1982, followed by stagnation, a sharp downturn ...
