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However, the policy space for carrying out short-term macroeconomic measures in China is already quite limited. Therefore, reforms must be promoted to achieve stable economic growth in the course of restructuring. China's GDP was 7.7 percent in the
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As part of a new push to broaden the way economic growth is measured, government statisticians will soon begin using a new accounting method that's likely to spotlight the problem of underfunded pension funds, particularly those managed by state and
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Pete Souza/Official White House photo The advance estimate for fourth-quarter U.S...The economy contracted 0.1 percent in Q4 versus economists' consensus expectations of a 1.1 percent expansion. Personal consumption growth came in at 2.2 percent
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White House via Flickr People will be stunned to see that today's GDP report went negative for Q4... the first negative print since The Great Recession...For one thing, most of the collapse was due to a stunning fall in military spending . That's not
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While the housing market is showing signs of life, the looming fiscal cliff remains a threat, as does global instability, the chief economist at mortgage-buying giant Freddie Mac told MarketWatch. For 2013 Frank Nothaft expects mortgage rates to stay
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U.S. economic output rose 3.1 percent in Q3 versus consensus estimates of a 2.8 percent gain. An increase in nonfarm private inventories was one of the largest single drivers of growth, contributing 1.1 percentage points to the number. Personal
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Goldman Sachs (David Mericle, The Drivers of Capital Spending, December 5, 2012, not online) notes: Our econometric analysis [of data over the 1991-2012 period] leads us to draw the following conclusions about each class of model: First, the
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Mexican gross fixed investment rose 0.9 percent in July from June, the national statistics agency said on Wednesday. The measure of spending on machinery, equipment and new construction rose at a faster pace than the nearly 0.3 percent month-on-month
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Panic responses to fall in China's growth rate are unwarranted because economy is on right track to meet this year's target China's GDP grew by 7.8 percent in the first half of 2012, falling below the 8 percent psychological barrier, with the second
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The Chinese economy is forecast to expand by around 60 per cent in the period between 2007 and 2012, compared to about 3 per cent for developed economies. The Middle Kingdom has contributed significantly to global growth since the start of the
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