Daily Management Review
Economics

July US Retail Sales Drop Due To Automobile Shortages And Shift In Spending To Services

Shortage of motor vehicles depressed sales in July in the United States, which along with the waning impact of a boost to consumers spending prompted by the reopening of the economy and stimulus checks resulted in a drop in retail sales for the month in the country.   The numbers suggested a...

Economist: Germany is the "dirtiest" economy of Europe

A study by The Economist found that for the past 20 years, Germany, Europe's main economy, has been the "dirtiest". Germany has been actively phasing out nuclear energy production while remaining dependent on fossil fuels. The country began phasing out its 12 nuclear power plants after the...

Better Than Expected Rebound In Q2 For Japan's Economy But Pandemic Clouds Outlook

Following a slump in Japan's economy in the first three months of this year, there was an uptick in the second quarter at more than expected levels which provided economists with signs that consumption and capital expenditure in the country were recovering from the initial pandemic hit.  ...

China’s July Factory Output, Retail Sales Growth Sees Sharp Slowdown

With new Covid-19 outbreaks and massive floods disrupting business operations, there was a sharp drop in factory output and retail sales growth in China for July – which also missed expectations. According to analysts, these are new signals of losing steam in the recovery of the Chinese economy....

Japan's GDP grows by 1.3% in Q2

Japan's GDP in the second quarter of 2021, according to a preliminary estimate, rose 1.3 percent on a year-over-year basis (if GDP had grown at the same rate for four consecutive quarters), the government data show. Analysts polled by DailyFX expected growth of only 0.7%. In quarterly terms,...

Cuban Economic Reform Will Allow Incorporation Of Small Businesses

Cubans will be allowed to incorporate small and medium-sized businesses in the country in their thousands in the coming months as the island's Communist government undertook arguably its most popular and important economic reform since all companies in the country were nationalized in the late...

Early August Consumer Sentiment In US Reaches Lowest In A Decade

With Americans providing a deflated outlook for everything from personal finances to inflation and employment in a recent survey – which led economists to conclude that the consumer confidence in the country dropped significantly in early August to its lowest level in a decade which, according to...

UK watchdog ponders forcing Facebook to sell Giphy

The UK Competition and Markets Authority (CMA) has completed an investigation into the deal between Facebook and animated image service Giphy and has come to the preliminary conclusion that their merger is detrimental to free competition of online social platforms in the country. On that basis, the...

USA sees productivity boom after COVID-19 pandemic

The coronavirus pandemic has caused a "productivity boom" in the United States. Fewer workers are producing more output than they did before the pandemic. If this trend holds, the economy will see big changes in the next decade, according to The New York Times. Productivity in the United States has...

Analysts: Chinese trade notes rise in prices

China's producer price growth accelerated to 9 percent year-on-year in July from 8.8 percent in June, according to Chinese government statistics. This growth is a consequence of the low-base effect caused by the pandemic: the inflation did not exceed 0.5% month-on-month. Its acceleration can mainly...
1 ... « 127 128 129 130 131 132 133 » ... 392