Word: gdp
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...good news, though, is that recent research suggests that as long as you don't lose your job, your mood probably won't sour as much as the GDP. What's more, you're unlikely to stay feeling down for long, even if the recession turns out to be a particularly long and economically painful...
Bernstein: Our U.S. economist, Dave Rosenberg, is not the most bullish economist you'll meet - he's still thinking the GDP's going to continue to decelerate pretty much through 2009 followed, maybe, by slightly better growth in 2010. When the recovery does come it will be somewhat anemic relative to past recoveries. So, he's still looking for what people call a saucer-shaped recovery as opposed to the V-shaped recovery that a lot of people like to talk about...
...bankruptcy would be to the U.S., simply because the Korean economy is so much smaller. Daewoo had about $50 billion in revenues. The entire South Korean gross domestic product in 1999 was only $450 billion. (GM, by comparison, had $181 billion in revenues in 2007, while U.S. GDP reached $13.8 trillion.) Daewoo seemed too big to fail...
...Well, not really. The Korean economy didn't fall into the Pacific after Daewoo's tumble as many had feared. Korea's GDP grew 9.5% the year Daewoo failed, and 8.5% the next. (See pictures of the global financial crisis...
...appreciation of the yen slashes Japan's GDP growth rate by 0.3% to 0.4% points, says Masafumi Yamamoto, head of foreign exchange strategy for Japan at Royal Bank of Scotland. "Yen appreciation is also causing the Nikkei [stock index] plunge," he says. And that's affecting the confidence of Japan's businesses. On Monday, figures of the Bank of Japan's tankan survey, a quarterly survey of business sentiment in Japan, fell to a seven-year low. The tankan figure showed the steepest quarter over quarter decline in 34 years. The economy is expected to decline 0.8% for the fiscal...