It’s global. The numbers are there for all to see. From developed to underdeveloped nations, economies are slowing down and/or contracting.
Tag: high interest rates
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WHEN THE ECONOMY FALLS JOBS GO WITH IT
It’s global. The numbers are there for all to see. From developed to underdeveloped nations, economies are slowing down and/or contracting.
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HAPPY DAYS NOT HERE AGAIN. GDP REVISED DOWN
The U.S. GDP grew 1.3 percent in this year’s first quarter, not the 1.6 percent in an earlier flash estimate, the Commerce Department said last week. It is the lowest growth rate since the second quarter of 2022.
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WHEN THE ECONOMY FALLS JOBS GO WITH IT
It’s global. The numbers are there for all to see. From developed to underdeveloped nations, economies are slowing down and/or contracting.
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LUXURY FIRM LVMH POSTS DISAPPOINTING QUARTERLY RESULTS
LVMH, the luxury house that owns Louis Vuitton fashion, Moët & Chandon champagne, and other high-ticket brands, posted first-quarter revenue of $21.97 billion, 2 percent below the same period in 2023.
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IN 22 STATES, YOU GOT TO BE RICH TO BUY A HOUSE
In 22 states and Washington D.C., potential home buyers need a six-figure income to afford a median-priced home, Bankrate.com has calculated.
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EUROPE’S BIGGEST ALUMINUM PRODUCER CITES “CONSTRUCTION CRASH”
The construction industry in some of Europe’s largest countries is seeing a plunge in demand similar to that during the COVID War, Norsk Hydro, Europe’s largest aluminum producer, said in a recent statement.
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TOP TREND 2024: EV GO FU: LITHIUM PRICE CRASHES AS GLOBAL EV DEMAND SLOWS
In recent months, sales of electric vehicles (EVs) have stalled around the world. High sticker prices, high interest rates, and a global economic slowdown have left post-inflation consumers reluctant or unable to pay the more than $50,000 cost of an EV.
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TOP TREND 2023, OFFICE BUILDING BUST: IMF WARNS OF LOOMING CRISIS IN COMMERCIAL REAL ESTATE
While old news to Trends Journal subscribers, the International Monetary Fund (IMF) has become the latest entity to warn of a pending crisis in commercial real estate, a trend we have been warning about since the beginning of the COVID War in our continuing series, Office Building Bust.
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GERMANY’S ECONOMY SHRANK BY 0.3 PERCENT IN 2023
Germany—battered by high interest rates, slowing global sales and continued high energy costs—Europe’s largest economy and the fourth largest one in the world... saw the heart of its manufacturing industry contract by 0.3 percent in 2023, according to the country’s National Statistics Office.
