While the U.S. economy contracted at the sharpest rate on record in the second quarter, people’s income increased significantly, thanks to government support during that time. Personal income grew by ...
We have already seen a slightly lower reading on weekly jobless claims on Thursday, but the more important report is on personal income and spending. The U.S. Commerce Department reported that ...
The rise in income growth came as real GDP per capita increased at a 0.5% rate in the second quarter, up from 0.1% in the ...
In almost all regions of China, urban disposable income has grown faster than GDP during the first nine months, indicating that the Chinese population continues to reap the benefits of the country's ...
High-income states, which account for 26 per cent of India's population, contribute 44 per cent of GDP, while low-income states, with 38 per cent of the population, generate only 19 per cent of GDP, a ...
The federal debt-to-GDP ratio in Budget 2025 is projected to be higher compared with the 2024 fall economic statement, 'and ...
Canada may not technically be in a recession, but some economists argue the country’s declining per-capita output mimics trends of prior downturns, so there’s a need for policymakers to look beyond ...
The Indian economy remains on the fast track, with the Reserve Bank of India pegging the 4 th quarter growth at 7.4 per cent, taking the 2025 fiscal growth to 6.5 per cent. This is after the Indian ...
Wall Street futures indicate a mildly pointed open for North American equity markets, though economic reports released this morning may foreshadow better market performance in the U.S. than in Canada.
High-income states, which account for 26 per cent of India’s population, contribute 44 per cent of GDP, while low-income states, with 38 per cent of the population, generate only 19 per cent of GDP, a ...
Abu Dhabi: The UAE has set its sights on increasing its gross national income per capita by 65 per cent by 2021, placing the country among the world’s top ten economies per capita income, Obaid Humaid ...
V Anantha Nageswaran cites GST rate cuts and income tax relief as key drivers; says a trade deal with the US could further ...