GDP growth
China’s Economic Struggles: Navigating a Complex Landscape in 2024
China’s economy is facing significant challenges as it navigates a complex landscape marked by high youth unemployment, a struggling real estate sector, and deflationary pressures. The government’s attempts to stimulate growth through policies focused on high-tech industries and infrastructure development have met with mixed results, leaving many uncertainties for the year ahead. Economic Overview The […]
2023 US Economic Overview: Income gains, inflation eases, poverty grows
The economic landscape of the United States in 2023 has been marked by significant developments, including income gains, easing inflation, and a troubling rise in poverty levels. This overview examines these key trends and their implications for American households and the broader economy. Economic Growth and Job Market Despite initial forecasts predicting a recession, the […]