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Latest news about the state of the world economy.
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Americans Save More, Spend Less
Americans do not plan to spend money received from their tax refunds or saved thanks to lower gas prices in a sign that aggregate demand remains depressed. A new...
French Economy Receives a Slight Boost for 2015
According to analyst predictions, France's economy will pick up speed in the first half of 2015, but unemployment will remain high. The economy expects to grow .04 percent in...
Socio-economic Classes Make and Spend Their Money Very Differently
Much has been made of the widening gap between the richest and poorest in America. But, a recent study shows a difference in the ways that the classes make...
Demand for Non-Manufacturing Products, Services in U.S. Falls
Americans are demanding less services from non-manufacturing industries in another indicator that the economic recovery is slowing. A new report from the Institute of Supply Management shows non-manufacturing activity...
Disappointing U.S. Report Shows 126,000 Jobs Added in March
The March job numbers mark the lowest job surplus since December of 2013. The report is below analyst expectations of at least 244,000, and the energy industry cut...
Ireland is the Fastest Growing Economy in the European Union
According to a recent report issued by the Central Statistics Office (CSO) and reported by DW.de, Ireland has logged the fastest rate of growth of all of the 28...
Surprising Labor Weakness in America Prompts Growth Concerns
The U.S. labor market is getting weaker, with less new jobs for unemployed Americans. The United States saw 126,000 new jobs in March, far below expectations and well below...
Asian Economies Weaken, Stimulus Speculations Intensify
Several separate economic indicators suggest Asian economies are seeing accelerating weakness, fueling speculation that more Asian banks will begin monetary stimulus programs. Manufacturing and service growth in China saw...
Nigeria’s Newly Elected President to Inherit Economy in Tailspin
Nigeria just elected Muhammadu Buhari as its new president. When he takes office, he will have his work cut out for him as he inherits Africa's largest economy just...
UAE Expects More Economic Growth through Diversification Policies
United Arab Emirates Minister of Economy Sultan Al Mansouri says officials plan to diversify the economy to minimize the damage from low oil prices. Energy commodities are playing less...


