you are currently viewing::OECD GDP growth remains stable in the third quarter of 2024November 21, 2024--"Gross domestic product (GDP) in the OECD rose by 0.5% in the third quarter of 2024, slightly up from 0.4% in the previous quarter, according to provisional estimates." The slowdown in Japan mainly reflected contractions in investment (-0.3% in Q3, compared with 1.6% in Q2) and exports of services (-4.2%, compared with 9.4%), the latter mostly due to lower tourism. In Italy, the reduction in growth was related to a negative contribution from net trade (exports minus imports) and mainly reflected a decrease of value added in agriculture, forestry and fishing, and in industry2 (see Italian statistical office). In the United Kingdom, the Q3 slowdown reflected destocking, which was the main drag on growth. Source: OECD |
July 22, 2025-ETFGI, a leading independent research and consultancy firm renowned for its expertise in subscription research, consulting services, events, and ETF TV on global ETF industry trends, reported today that assets invested in the actively managed ETFs industry globally reached a new record of US$1.48 trillion at the end of June.
July 22, 2025--Growing imbalances in largest economies underscore need for concerted adjustment in domestic macroeconomic policies
Global current account balances widened by a sizable 0.6 percentage points of world GDP in 2024.
July 16, 2025-Key Takeaways
The U.S. tops global oil production with nearly one-fifth of daily output.
Five countries produce over half of the world's oil every day.