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Investopedia· 2025-10-05 00:00
Learn which countries are among the top 25 economies in the world. The United States has had the largest GDP for over a century, but China's has grown rapidly. https://t.co/u2gOQ8Yk6J ...
New Poll: More than half of Americans say Trump’s policies have hurt the economy
MSNBC· 2025-10-04 21:49
For the first time in over a decade, a key monthly jobs report has been postponed as employees at the Bureau of Labor Statistics face furls. This due to the government shutdown. Amid the hold out, Trump officials are warning mass layoffs at the federal level are coming in just a few days.Meanwhile, Americans are voicing their frustrations with the Trump administration's economic policies. Joining me now is Courtney Brown, economics reporter at Axio. So, Courtney, welcome.Uh many employees are still reportin ...
前三季度GDP25强城市预测:苏州超2万亿,济南17,西安接近佛山
Sou Hu Cai Jing· 2025-10-04 20:26
Core Insights - The ranking of China's top 25 cities by GDP for the first three quarters of 2025 reveals a new regional economic landscape, with Shanghai, Beijing, and Shenzhen leading the pack [1] - Suzhou has become the first ordinary prefecture-level city to surpass 2 trillion yuan in GDP, showcasing strong growth resilience [1][3] - Emerging cities like Jinan and Xi'an are making significant strides, with Jinan breaking the 1 trillion yuan mark for the first time [1][4] Group 1: Top Cities and Growth Rates - Shanghai, Beijing, and Shenzhen maintain the top three positions with GDPs of 40,515 billion yuan, 38,413.2 billion yuan, and 27,480.62 billion yuan, respectively, showing growth rates of 17.81%, 14.80%, and 5.96% [5] - Suzhou ranks sixth with a GDP of 20,016 billion yuan and a growth rate of 8.29%, leading among core cities in the Yangtze River Delta [3][5] - Jinan's GDP is projected at 10,531.87 billion yuan, ranking 17th nationally, with a notable growth rate of 8.86% [6][7] Group 2: Economic Contributions and Sector Performance - Suzhou's manufacturing sector continues to show unique advantages, with significant contributions from industrial value-added and emerging industries like biomedicine and nanotechnology [3] - Jinan's high-speed rail economic effect is evident, with over 3,000 enterprises gathered around the Jinan East Station, and a daily passenger volume exceeding 200,000 [4] - Xi'an leads the growth among cities in the northwest with a GDP of 9,645.41 billion yuan and a growth rate of 11.05%, driven by investments in high-tech industries [6][7] Group 3: Regional Economic Dynamics - The competition among cities is diversifying, with the Yangtze River Delta, Beijing-Tianjin-Hebei, and Pearl River Delta regions showing strong performances [1][6] - The "strong provincial capital" strategy in Jinan has led to over 20% growth in the new generation information technology sector [4] - The development of a "double center" city in Xi'an is supported by policy incentives and significant growth in hard technology investments [6]
Perplexity CEO: AI is 'clearly adding value to the GDP'
CNBC Television· 2025-10-03 17:12
There's a lot of questions right now in AI about whether we're in this sort of gold rush or whether we're in some kind of sugar rush. I think a lot of people even looked at the investment that Nvidia made uh in open AI both on as a a good investment on one end and on another people said well maybe this is a little bit like vendor financing in the in the late 90s uh where a lot of these companies ultimately don't have the cash to actually buy all the chips and do all the things that they've committed to do. ...
Goldman Sachs' Jan Hatzius: Lack of BLS data is a 'significant handicap' in forecasting
CNBC Television· 2025-10-03 15:28
Chicago Fed President Goulsby on squawkbox this morning defending the validity of BLS data and the shortcomings of relying just on private sector sources. Joining us here at Post9 this morning to talk more about it, Goldman Sachs chief economist John Hotsi is who normally joins us on jobs Friday. A little bit different today.It's a jobs Friday except they're not jobs. Yes. Do you do you feel like you're flying blind or no.He seems to think that um BLS is still the gold standard. Oh, for sure. It's a signifi ...
Bessent says U.S. GDP could take hit due to shutdown
MSNBC· 2025-10-03 10:52
Time for money, power, politics. Treasury Secretary Scott Bessett warned today that US growth could take a hit. He says because of the government shutdown.Remember, the US economy has been on an upward climb for the last couple of quarters despite growing anxiety about inflation, tariffs, and what's gotten to be a more fragile labor market. Unfortunately, we might not know for some time whether Bessin is right or wrong because the shutdown has triggered an economic data blackout. With me now to discuss, Nat ...
Bessent Blames Democrats for Shutdown, Says It Could Weaken U.S. GDP | WSJ News
WSJ News· 2025-10-02 15:47
we were left with a mess. It was the largest deficit uh when we weren't in a recession, weren't at war, and we are fixing the deficit. And um you know, there could be a a discussion, but this isn't the way to have a discussion.Shutting down the government and lowering the GDP. They they you have a 3.8% 8% GDP and the Democrats shut down the government that you we could see a hit to the GDP, a hit to growth and a hit to working Americans. The Democrats want to negotiate uh you know in the you know like terro ...
How a Shutdown Could Slow the Housing Market
Barrons· 2025-10-02 14:04
Group 1 - The government shutdown is expected to impact GDP negatively, with potential job cuts being discussed in a meeting involving Trump [1] - Home sales are not expected to stop entirely during the shutdown, but the housing market will face challenges, especially if the shutdown is prolonged [1][2] - The shutdown introduces delays and uncertainty, particularly affecting first-time buyers and those with limited financial flexibility [2] Group 2 - The home buying process may take longer than usual due to potential processing delays for FHA, VA, or USDA loans, which represent about 25% of all mortgage applications [2]
Bessent says U.S. GDP could take a hit from the shutdown
CNBC Television· 2025-10-02 13:43
There could be a a discussion, but this isn't the way to have a discussion. Shutting down the government and lowering the GDP. They they we have a 3.8% 8% GDP and the Democrats shut down the government that you we could we could see a hit to the GDP, a hit to growth and a hit to working Americans. ...
Treasury Secretary Scott Bessent: U.S. GDP could take a hit from government shutdown
CNBC Television· 2025-10-02 12:36
you're not. If you're not, you're not old. >> I was there.>> You said it, not me. >> I know we're in day two of the government shutdown. Joining us now with where the administration stands on the latest Treasury Secretary Scott.Scott, it helps to us, Mr. . Secretary. It helps to have seen the moon landing, doesn't it.I mean, isn't there something beneficial about having some experience in life or is it me. >> Joe, I find good to be with you and Becky. I find wisdom's good.I remember when my dad got me up ea ...