WASHINGTON (Reuters) - The U.S. economy likely grew at its slowest pace in nearly two years in the fourth quarter as businesses added less stock to their warehouses and government spending fizzled, setting it up for a difficult start in 2013. Gross domestic product probably expanded at a 1.1 percent annual rate, braking sharply from a 3.1 percent clip in the third quarter, according to a Reuters poll of economists. That would mark the weakest growth pace since the first quarter of 2011 and it would show the economy entering the new year with little momentum.
India's economic growth slowed to 6.1 percent in the three months to December, the weakest annual pace in almost three years, as high interest rates and rising raw material costs constrained investment ...
NEW DELHI (Reuters) - India's economic growth slowed to 6.1 percent in the three months to December, the weakest annual pace in almost three years, as high interest rates and rising raw material costs constrained investment and manufacturing.
By definition, exports from country A have to equal imports from country B. Unless country A is China. Then, central planning magic happens, as can be seen in the chart below showing the misreporting of Chinese exports to HK compared to HK's reported imports from China, which is just the latest nail in the coffin of Chinese economic data "integrity."
The second quarter's 7.6% pace — China's weakest economic expansion in three years — meets analysts' estimates.BEIJING — China said its economy grew 7.6% in the second quarter compared with a year earlier.
TORONTO — Canadian manufacturing growth slowed for a fifth straight month in November and hit a more than two-year low, according to data released on Monday, signaling the third quarter’s disappointing economic performance may persist for the rest of the year.
The RBC Canadian Manufacturing Purchasing Managers’ Index was 50.38 last month, compared with 51.39 in October. It was the weakest reading since data collection began in October 2010, and came dangerously close to contraction.