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Tag Archives: Economic Growth

Global Economy on Brink of Total Collapse

Till last week it was only the European economy that was in crisis, with new statistics coming in, it is now confirmed that the U.S. and the Asian Economy are also falling fast, as a matter of fact too fast for comfort. It has been the same since the 2008 recession, through it might seem like the economy recovered after ... Read More »

US Growth Estimate Lowered

In a surprise and unexpected move the US Department of Commerce has cut its expected 4th-quarter growth from 3.2% to 2.8%. While the government is expecting a lower growth, analysts were having a different opinion. They estimated the growth to be 3.3%. Economic growth for the whole of 2010 was also revised down slightly, from 2.9% to 2.8%. As well ... Read More »