Economic Indicators News

(Bloomberg) -- The Philippines’ economic officials revised their forecast for this year’s GDP to a decline of 2% to 3.4%, a deeper contraction than the estimate of a 1% drop by...

(Bloomberg) -- South Korea’s economy lost jobs for a second month in April as businesses slashed hiring to brace for the impact of the coronavirus pandemic. The number of jobs fell...

(Bloomberg) -- U.S. small-business owners are more pessimistic about their revenue outlook than at any point in decades, even as a greater share anticipate the recession will be...

(Bloomberg) -- Brazil’s consumer prices in April tumbled the most in nearly 22 years on the back of plunging transportation costs, validating this week’s larger-than-expected...

(Bloomberg) -- The April jobs report was breathtakingly awful, but the figures also included a hopeful sign for U.S. workers once the economy begins re-opening from its...

By Peter Nurse  Investing.com -- The U.S. economy shed over 20 million nonfarm jobs in April, the biggest monthly drop ever, vividly illustrating the economic devastation caused by...

(Bloomberg) -- Japanese households cut monthly spending by the most in five years in March as the spread of coronavirus started to quicken in the weeks before the government called...

By Noreen Burke Investing.com - The number of Americans applying for initial unemployment benefits totaled 3.17 million in the week ending May 2, the U.S. Labor Department said...

(Bloomberg) -- Norges Bank delivered an unexpected interest rate cut to zero, as policy makers in Norway react to the combined fallout from the Covid-19 crisis and the collapse of...

By Noreen Burke Investing.com - The U.S. private sector shed 20.23 million jobs in March, according to a report by payrolls processor ADP, as measures to contain the coronavirus...

(Bloomberg) -- Demand and employment in U.S. service industries collapsed in April, adding to signs of an historic economic contraction this quarter caused by the coronavirus...

(Adds details, quotes) By Libby George LAGOS, May 1 (Reuters) - A blockbuster African trade deal isunlikely to be implemented before early next year, an officialsaid on Friday,...

LAGOS, May 1 (Reuters) - A blockbuster African trade deal isunlikely to be implemented before early next year, an officialsaid on Friday, after the disruption caused by the...

(Bloomberg) -- U.S. personal spending plummeted in March by the most on record as widespread shutdowns and job losses from the Covid-19 pandemic wreaked havoc on the economy’s main...

* Says developing countries could generate $50 bln a year * Previous bonds have met with mixed success * Some economists sceptical By Andrea Shalal and Tom Arnold...

Investing.com - The number of Americans applying for initial unemployment benefits decreased to 4.42 million last week from a downwardly revised 5.23 million in the prior week, the...

(Bloomberg) -- Europe’s economy suffered a massive blow in April when government restrictions to contain the coronavirus left companies scrambling to stay afloat. An estimate of...