Economic growth news and stories by mail.com

Economic growth

Sandy slowed US consumer spending and pay in Oct.
Americans cut back on spending last month while their income remained flat. The weakness in part reflected disruptions from Superstorm Sandy that ...
India growth stuck at 3-year low as reforms stall
India's economic growth slid to 5.3 percent in the September quarter, stuck at its lowest levels in three years as New Delhi struggles to enact ...
Japan OKs $10.7B stimulus, aiming to boost growth
Japan unleashed yet another barrage of stimulus at its stagnant economy on Friday as debate over how to revive growth heated up ahead of a general ...
Mexico's President Calderon fell short of goals
When he came to power six years ago, President Felipe Calderon set goals to alleviate poverty, create jobs and increase public safety. As he winds up ...
Sandy delivers heavy blow to US economy
Superstorm Sandy packed a bigger economic punch than most people had thought. In its sweep through the Northeast, the storm halted sales at major ...
Oil rises on higher economic growth expectation
The price of oil rose Thursday on an improved reading on U.S economic growth while lawmakers continued their tussle over the "fiscal cliff." The ...
US economy grew at 2.7 percent rate in summer
The U.S. economy grew at a 2.7 percent annual rate from July through September, much faster than first thought. The strength is expected to fade in ...
Fed survey: US economy growing at steady pace
A pickup in consumer spending and steady home sales helped lift economic growth from October through early November in most parts of the United ...
Oil below $87 after OECD cuts growth forecasts
The price of oil fell below $87 a barrel Wednesday after the Organization for Economic Cooperation and Development cut its growth outlook for the U.S.
US orders for core capital goods up 1.7 percent
U.S. companies in October increased their orders of machinery and equipment that signal investment plans by the largest amount in five months, a ...
A look at Greece's key financial figures
European and global financial leaders agreed Tuesday to release €44 billion ($57 billion) in critical loans to Greece and provide billions in debt ...
Bernanke warns Congress to avoid 'fiscal cliff'
Federal Reserve Chairman Ben Bernanke on Tuesday urged Congress and the Obama administration to strike a budget deal to avert tax increases and ...
Steady US housing recovery is boosting economy
From purchases and prices to builder sentiment and construction, the U.S. housing market is making consistent gains. The latest evidence came in ...
As eurozone economy shrinks, govt debt loads grow
Europe's government-debt crisis is no longer panicking financial markets. But it won't end until the region's economy starts growing strongly again.
Glum Spain hosts summit for booming Latam nations
In an historic role reversal, recession-hit Spain and Portugal on Friday courted the Latin American leaders of their former colonies, countries that ...
Smaller companies key to Latin American growth
Small and medium-sized companies in Latin America could play a key role in strengthening and consolidating the region's economic growth, which this ...
Oil falls on economic worries
Oil prices fell below $86 a barrel Thursday as investors focused on global economic issues, including the so-called "fiscal cliff" in the U.S.
Eurozone slides back into recession
The 17-country eurozone has fallen back into recession for the first time in three years as the fallout from the region's financial crisis was felt ...
Zimbabwe budget: Economic growth to slow in 2013
Zimbabwe's finance minister forecasts a slower economic growth rate caused by political tensions as the nation prepares for elections next year.
France avoids recession; GDP up 0.2 pct in Q3
France narrowly avoided falling into recession in the third quarter, official figures showed Thursday, but analysts warn the rebound may be ...
German growth slows to 0.2 pct in 3rd quarter
The German economy, Europe's largest, grew by 0.2 percent in the third quarter — slowing a little further as the continent struggles with its ...
US business stockpiles grow 0.7 pct. in September
U.S. businesses increased their stockpiles in September, further evidence that economic growth was stronger over the summer than first thought.
German investor confidence drops unexpectedly
German investor confidence in Europe's largest economy slipped unexpectedly this month over worries that growth will cool over the next six months, ...
Japan economy shrinks as China dispute takes toll
Japan's economy contracted in the latest quarter, signaling that like Europe it may already be in recession, further weighing down world growth.
Development boom puts pressure on Panama wetlands
On a cloudy autumn morning a flock of chocolate-brown sandpipers slipped across the horizon toward a stretch of mangrove trees and mud flats outside ...