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🌍 Top 10 contributors to global real GDP growth (2026) 1．🇨🇳 China — 26.6% 2．🇮🇳 India — 17.0% 3．🇺🇸 United States — 9.9% 4．🇮🇩 Indonesia — 3.8% 5．🇹🇷 Türkiye — 2.2% 6．🇳🇬 Nigeria — 1.5% 7．🇧🇷 Brazil — 1.5% 8．🇻🇳 Vietnam — 1.6% 9．🇸🇦 Saudi Arabia — 1.7% 10．🇩🇪 Germany — 0.9% 📌 China + India alone = 43.6% of global growth 📌 Asia-Pacific accounts for ~50% of total growth Source: IMF

The U.S. economy is either chugging along nicely or seriously struggling, depending on who is asked. The mismatch stems from perception and perspective. While many of the macroeconomic data look benign, they don’t capture the pain experienced by a large segment of society, several experts told The Epoch Times. At 4.4 percent, unemployment has been only slightly elevated and the median wage growth of 4 percent has more than kept up with 2.7 percent inflation, all according to December data from the Bureau of Labor Statistics. Yet a solid majority of Americans feel gloomy about the economy, polls indicate. “I...

Data this week showed that the American economy is growing at its fastest pace in two years — and yet polling shows the mood on Main Street is grim. It’s almost hard to believe we’re talking about the same economy. But the metrics offer another reminder that two seemingly diverging trends can simultaneously be true. An economy that’s growing rapidly doesn’t necessarily mean everyone is feeling it. Yes, gross domestic product, the broadest measure of the US economy, heated up this summer to a sizzling annualized pace of 4.3%, far outpacing economists’ expectations. But the booming GDP did not...

Treasury Secretary Scott Bessent said on Sunday that it’s been a “very strong” holiday shopping season so far and predicted that the U.S. economy would end the year on strong footing. “The economy has been better than we thought. We’ve had 4% GDP growth in a couple of quarters,” he said in an interview on CBS News’ ‘Face the Nation.’ “We’re going to finish the year, despite the Schumer shutdown, with 3% real GDP growth.”Gross domestic product contracted by 0.6% year-over-year for the first three months of 2025, according to the Bureau of Economic Analysis. The second quarter of the...

Mississippi turns a corner, but can the federal government?The future for our state looks bright. In just the past five years, Mississippi has seen more economic growth than in the entire 15 years before that combined.We’re on track to phase out the state income tax entirely, allowing families to keep more of what they earn. Mississippi has attracted a surge of new investment, and for the first time in years, our workforce participation rate is finally heading in the right direction.Zoom out, and the picture gets even better. Contrary to the endless gloom from the pundits, the American economy has...

U.S. GDP growth in the first half of 2025 was almost entirely driven by investment in data centers and information processing technology, according to Harvard economist Jason Furman. Excluding these technology-related categories, Furman calculated in a Sept. 27 post on X.com GDP growth would have been just 0.1% on an annualized basis, a near standstill that underlines the increasingly pivotal role of high-tech infrastructure in shaping macroeconomic outcomes. Furman’s findings, shared online and echoed by financial analysts including Robert Armstrong of the Financial Times‘ Unhedged (the same writer who coined the term “TACO trade’), echo several months of observations on...

I saw this a couple of days ago, and it was so intriguing, I had to hang on to it, figuring there would be a time it would come in handy.Little did I know our president would go into the United Nations General Assembly today with a flamethrower and give me the perfect opportunity to illustrate one of the scorched remnants of European superiority he left smoking on the expensive carpet in that room.When the man told them that their countries were going to fail.IF YOU DON'T GET AWAY FROM THE GREEN ENERGY SCAM, YOUR COUNTRY IS GOING TO FAILIF...

The media brags that the economy grew faster under Joe Biden than it is under President Trump, but they intentionally hide the reasons why. Here’s the mainstream take, from a new item from AP: It’s Trump’s economy now. The latest financial numbers offer some warning signsJob gains are dwindling. Inflation is ticking upward. Growth has slowed compared with last year.The reason the economy grew last year faster than Trump is because Biden masked the weakness in the private sector with massive government spending increases. Here are some easily attained facts from the internet: - FY 2019: Federal spending $4.4 trillion,...

This is the week of the inauguration of Donald Trump, but it also coincides, not just with Martin Luther King’s birthday—on the same day as the inauguration, but also the meeting of the world’s elite at Davos, Switzerland, lorded over by 86-year-old Klaus Schwab, who, created this organization. If you don’t know what Davos is, don’t worry about it. It’s not that important, in some ways. I mean, it’s not doing a lot of good for the rest of us. But it is important because it has aspirations that are quite dangerous. Basically, its premise is that if we got...

No matter what happens in President Donald Trump’s economy, you can bet your bottom dollar that The New York Times hacks will find some way to splatter it with bad news, even when it's easily demonstrated these partisans offered a very different spin under Declinin' Biden. The latest news on the banger Q2 GDP numbers was no exception. Bidenomics toady and Times chief economic correspondent Ben Casselman twisted the entire story into a pretzel to still make it look like a net negative for Trump. This was the absurd headline deck to describe 3 percent growth: "U.S. Economy Slowed in...

Decades of ignoring the menaces posed by Russia and China has led the West to a precipice. ... Deterrence, however, does not disintegrate overnight. Contrary to the narrative of U.S. belligerence and imperialism that has been impressed on countless university students, the United States has, since the end of World War II, largely pursued a policy of restraint despite its considerable military power. Unlike other superpowers, it has not sought territories or treasure—on the contrary, it incurred considerable expense to foster a peaceful international order where other nations could thrive. Under the belief that a market economy, normal trading relations,...

GDP per capita is a rough proxy for a country’s average living standards. A higher GDP per capita usually reflects more economic resources available per person, a signal for prosperity.However, like all statistical measures there are caveats: it doesn’t account for income distribution, quality of life metrics, or how sustainable the economy is.Nevertheless, it is a standard that can be applied to make useful comparisons, while keeping these caveats in mind.So, what are the “richest” countries in the world? Visual Capitalist's Pallavi Rao ranks the top 50 countries by GDP per capita in 2025 using figures from the International Monetary...

S&P Global (NYSE:SPGI) Ratings has downgraded Ukraine’s issue rating on its GDP-linked securities to ’D’ from ’CC’, following the country’s failure to make a $0.67 billion payment due on June 2, 2025. The agency does not anticipate the payment to be fulfilled within the securities’ ten business day grace period, due to the government’s moratorium on payments for this bond unless it is restructured….

The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2025 is 4.6 percent on June 2, up from 3.8 percent on May 30. After this morning’s releases from the US Census Bureau and the Institute for Supply Management, the nowcasts of second-quarter real personal consumption expenditures growth and real gross private domestic investment growth increased from 3.3 percent and -1.4 percent, respectively, to 4.0 percent and 0.5 percent.

Future New Orders forecasts the change in new orders over the next six months for reporting manufacturing firms. The diffusion index is calculated by taking the percent reporting increases and subtracting the percentage reporting decreases.

This week, much of the mainstream media ran with the headline that the economy contracted in the first quarter of this year. Predictably, they promptly blamed President Donald Trump. But a quick glance under the hood shows the data points to a much stronger economy than the headlines suggest. On Wednesday, the Bureau of Economic Analysis released its estimate of economic growth measured by gross domestic product (GDP) for January through March. The topline figure pointed to a contraction of 0.3 percent—a number that certainly doesn’t seem positive. If we learned anything from economic data under former President Joe Biden,...

Data unveiled early Wednesday morning showed US GDP fell -0.3% annualized in Q1, missing expectations for a 0.4% rise—and playing right into widespread fears.[i] Most headlines cast this “weak” report as a sign of what lies ahead as tariffs’ teeth really start to bite. But slow down. While there are clear signs of tariffs’ effects here, there are also mitigating factors and underlying health in these data worth acknowledging. First, let us get this out of the way: Tariffs did affect this report in all likelihood, but probably in ways that mask underlying health. The former was easy to see...

The mid-1990s feel like a different world. In the 30 years since, the global economy has shifted dramatically, across sectors and markets.But headline stats like GDP, GDP per capita, or growth rates don’t always reflect what’s happening at the individual level.So, has life actually improved over time?To help answer that, Visual Capitalist's Pallavi Rao visualizes figures from Our World in Data to show how daily median incomes have changed in 20 of the world’s largest economies from 1994 to 2024.All figures are in PPP-adjusted International dollars per person. They are also adjusted for inflation, taxes, and benefits.ℹ️ PPP-adjusted International dollars...

On Friday’s broadcast of CNN’s “The Lead,” Sen. Alex Padilla (D-CA) stated that “the vast majority of immigrants who happen to be here unlawfully” “are so critical to keep our economy going” and blamed the Trump administration’s immigration policies for GDP shrinking in the last quarter despite “inheriting a strong economy from President Biden.” Padilla stated, “You were talking in previous segments about the state of the economy. Prices are up, right? There [are] a lot of consumers on edge. When immigrants represent such significant elements of the necessary workforce in agriculture, in hospitality, in construction, in transportation, in health...

The U.S. economy contracted in the first three months of 2025, as businesses rushed to stock up on imports ahead of tariffs and consumers eased their pace of spending. The Commerce Department said U.S. gross domestic product—the value of all goods and services produced across the economy—fell at a seasonally and inflation adjusted 0.3% annual rate in the first quarter. That was the steepest decline since the first quarter of 2022. The reading fell short of the 0.4% growth that economists surveyed by The Wall Street Journal expected. The decline in GDP in the first quarter reflected front-running ahead of...