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Posts Tagged ‘shrinks’
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GDP unexpectedly shrinks, decline seen temporary
Posted by admin on January 30th, 2013
WASHINGTON (Reuters) – The economy unexpectedly contracted in the fourth quarter, but analysts said there was no reason for panic given that consumer spending and business investment picked up. Gross domestic product fell at a 0.1 percent annual rate, its weakest performance since it emerged from recession in 2009, the Commerce Department said on Wednesday. [...]
Rangel’s Lead Shrinks
Posted by admin on July 1st, 2012
The Politicker reports that after a re-examination of the votes, the New York City Board of Elections released unofficial results including votes cast in all of the district’s 506 precincts that show Rep. Charlie Rangel (D-NY) defeating Adriano Espaillat (D) by a margin of just 802 votes. Tweet This Post
Ailing demand shrinks Greek current account gap
Posted by admin on May 23rd, 2012
ATHENS (Reuters) – Greece’s current account deficit narrowed by close to a fifth in March, data showed on Wednesday, reflecting a sharp drop in imports as the country’s austerity-hit consumers tighten their belts. The deficit dropped 17.3 percent to 2.13 billion euros ($ 2.69 billion) compared with March 2011, the Bank of Greece said. The [...]
Economy shrinks unexpectedly in November
Posted by admin on January 31st, 2012
OTTAWA (Reuters) – The economy contracted in November for the first time since May as oil and gas extraction declined sharply, setting the stage for a sluggish performance in the fourth quarter. Real gross domestic product fell 0.1 percent in the month, Statistics Canada said on Tuesday, contrasting with market expectations of 0.2 percent growth. [...]
Romney’s Lead in New Hampshire Shrinks
Posted by admin on January 8th, 2012
The latest Suffolk University tracking poll shows Mitt Romney dropping for the fourth day in a row. Tweet This Post
S. Korea manufacturing shrinks most in 3 years
Posted by admin on January 2nd, 2012
SEOUL (Reuters) – South Korea’s manufacturing sector shrank the most in nearly three years in December as global demand cooled, a survey showed on Monday, but President Lee Myung-bak cited inflation as a bigger risk in a year of big elections. Lee admitted in a televised new year speech that the global economy has entered [...]
