PYMNTS-MonitorEdge-May-2024

GDP

Gross domestic product (GDP) is a measurement of the market value of all the final goods and services produced in a specific time period in time. GDP provides a detailed economic look at a country, used to estimate the growth of economy.

Source: bea.gov

France Leads Eurozone’s Rising GDP As New Lockdowns Loom
France Leads Eurozone’s Rising GDP As New Lockdowns Loom
October 30, 2020  |  International

Against a backdrop of surging coronavirus cases, the Eurozone is reporting a rebounding economy, with a 12.7 percent hike in third-quarter gross domestic product (GDP),...

READ MORE >
GDP Surges – But What’s Next For The Consumer?
GDP Surges – But What’s Next For The Consumer?
October 29, 2020  |  Economy

It was a pretty low bar to hurdle. The second quarter’s GDP trends were the worst in history, impacted of course by the pandemic, the...

READ MORE >
US GDP Rebounds With 33.1 Pct Annual Increase
US GDP Rebounds With 33.1 Pct Annual Increase
October 29, 2020  |  Economy

The Bureau of Economic Analysis reported on Thursday (Oct. 29) that real gross domestic product (GDP) rose at an annual rate of 33.1 percent in...

READ MORE >
US GDP declined by 31.4 percent in Q2, Slightly Better Than Estimates
US GDP declined by 31.4 percent in Q2, Slightly Better Than Estimates
September 30, 2020  |  Economy

For the U.S. GDP, a slight improvement of some very bad numbers is an improvement, technically. But the bar was set pretty low, and the...

READ MORE >
Cloud Technology For FIs, Debit Cards, Potential Credit Card Default Crisis Top This Week’s News
Cloud Technology For FIs, Debit Cards, Potential Credit Card Default Crisis Top This Week’s News
July 31, 2020  |  The Weekender

It’s the end of the work week, and the PYMNTS Weekender is here to make sure you didn’t miss anything with the latest in payments...

READ MORE >
The Big U.S. GDP Crash Reverses Economic Growth Of Last 11 Years
The Big U.S. GDP Crash Reverses Economic Growth Of Last 11 Years
July 30, 2020  |  Economy

“Worst quarter ever.” It sounds like a bit of hyperbole, but that’s an accurate description of the quarter that started in March and ended in June...

READ MORE >
US GDP Falls By A Record 32.9 Pct
US GDP Falls By A Record 32.9 Pct
July 30, 2020  |  Economy

There was more bad news Thursday (July 30) as the U.S. economy experienced its worst hit since the Great Depression in the second quarter (Q2)...

READ MORE >
Retail Recovery Veils Serious Headwinds
Retail Recovery Veils Serious Headwinds
July 17, 2020  |  Retail

Despite some positive key performance indicators delivered this week, the U.S. retail and economic recovery is still facing serious headwinds. The positive news came in...

READ MORE >
Goldman Sachs Drops GDP Estimate; Expects Lower Growth This Quarter
Goldman Sachs Drops GDP Estimate; Expects Lower Growth This Quarter
July 06, 2020  |  Economy

Goldman Sachs economists have revised their forecast for 2020’s economy downwards, but still think things could be back on track by around September, Bloomberg reports....

READ MORE >