The Chinese economy may still be growing rapidly despite the financial crisis. One thing that has been growing even faster is misinformation about the Chinese economy. This is partly a function of unreliable economic numbers put out by China’s government, but it is also partly a function of mistaken American and other perceptions. Hidden within …
Tag Archive: US Economy
Permanent link to this article: http://www.wealthson.com/829/myths-and-truth-about-china
Sep 18
Growth Expected Over Next Six Months: Business Outlook Survey
The future general activity index remained positive for the 21st consecutive month and increased 7 points, to a reading of 26.3. The index, however, remains well below levels in the first half of the year. Indexes for future new orders and shipments declined slightly, falling 5 and 2 points, respectively. The percentage of firms that …
Permanent link to this article: http://www.wealthson.com/821/growth-expected-over-next-six-months-business-outlook-survey
Sep 18
Indicators Suggest Growth Stalled at End of Summer: Business Outlook Survey
Results from the Business Outlook Survey suggest that regional manufacturing activity was nearly flat in September. For the second consecutive month, firms reported a decline in both new orders and shipments. Employment levels remained steady this month, but firms reported declines in average work hours. The survey’s broad indicators of future activity continue to suggest …
Permanent link to this article: http://www.wealthson.com/820/indicators-suggest-growth-stalled-at-end-of-summer-business-outlook-survey
Sep 17
U.S. Current Account Deficit rises for fourth consecutive quarter
The U.S. current-account deficit—the combined balances on trade in goods and services, income, and net unilateral current transfers—increased to $123.3 billion (preliminary) in the second quarter of 2010, from $109.2 billion (revised) in the first quarter of 2010. The increase was the fourth consecutive quarterly increase since the deficit of $84.4 billion in the second …
Permanent link to this article: http://www.wealthson.com/818/u-s-current-account-deficit-rises-for-fourth-consecutive-quarter
Sep 16
Warren Buffet positive on US, Berkshire rise to highest level
Buffett built Berkshire into a $206 billion provider of insurance, energy and luxury goods and services over four decades of acquisitions and stock picks. In February, Berkshire bought railroad Burlington Northern Santa Fe Corp. for $27 billion in a deal that Buffett called a bet on the U.S. economy. “I am a huge bull on …
Permanent link to this article: http://www.wealthson.com/813/warren-buffet-positive-on-us-berkshire-rise-to-highest-level
Sep 02
Possibility of another recession in US is 25%
The U.S. economy is so bad that the chance of avoiding a double dip back into recession may actually be pretty good. The sectors of the economy that traditionally drive it into recession are already so depressed it’s difficult to see them getting a lot worse, said Ethan Harris, head of developed markets economics research …
Permanent link to this article: http://www.wealthson.com/746/possibility-of-another-recession-in-us-is-25
Aug 29
Problems China faces before reaching No.1 spot
Forbes Columnist Joel Kotkin writes in his recent article that China faces some major hurdles in future which will restrain China from becoming largest economy of the world. Here is an extract from his article. Kindly check The China Syndrome for complete article. "China’s ascension to the world’s second-largest economy, surpassing Japan, has led to …
Permanent link to this article: http://www.wealthson.com/661/problems-china-faces-before-reaching-no-1-spot
Recent Posts
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Name: Hitesh