The Government Needs Wealthy Consumer Spending To Keep GDP Growing
A new analysis shows that the top 10% of earners are behind almost half of all consumer spending, which is almost 70% of GDP.
India’s GDP growth to hit 6.4% in 2025 weighed by exports amid US tariffs: Moody’s Analytics
India’s Gross Domestic Product (GDP) growth is set to shrink to 6.4 per cent in 2025, as compared to 6.6 per cent in 2024, ...
bernama9d
GDP Growth Across Asia-pacific Region Expected To Slow To 3.7 Pct This Year -- Moody's Analytics
Gross domestic product (GDP) growth across the Asia-Pacific (APAC) region is expected to slow to 3.7 per cent in 2025 from an ...
Business Insider29d
The US economy ended 2024 with cooler growth than expected in the fourth quarter
US real gross domestic product increased at an annualized ... Matt Colyar, an economist for Moody's Analytics, told Business Insider before the publication of the new GDP data that the 2024 ...
USA Today29d
The economy grew 2.3% in the fourth quarter. What it could mean for Fed rate cuts
The nation’s gross domestic product ... prompting them to spend more, according to Moody's Analytics. Since more affluent Americans account for a disproportionate share of spending, their ...
KUOW29d
The U.S. economy is still doing well as Americans continue to spend
The nation's gross domestic product grew at an annual rate ... chief economist at Moody's Analytics. "The economy is creating a boatload of jobs and unemployment is low," so shoppers have money ...
news24online6d
Will India’s GDP Growth Rate Shrink Further In 2025? Moody’s Said THIS…
It said that India’s GDP is expected to grow 6.4% both in the 2025 and 2026 fiscal years. Talking about China, it said that ...
America's wealthiest households driving nearly half of consumer spending: Moody's
The top 10% of American households in terms of income earned are driving nearly half of all U.S. consumer spending, according ...