Month: November 2013

30 Nov, 2013

India third quarter GDP growth stronger than expected

CNBC.com | Friday, 29 Nov 2013 | 7:00 AM ET India’s economy grew by 4.8 percent in the third quarter year-on-year, narrowly beating analysts’ forecasts. Economists polled by Reuters had estimated the BRIC country grew by 4.6 percent between July and September. Moody’s Analytics had forecast 4.5 percent growth. (CNBC Explains: BRICs) India’s growth has disappointed in […]

Fed Reveals New Concerns About Long-Term U.S. Slowdown

By Rich Miller – Nov 26, 2013 Federal Reserve Chairman Ben S. Bernanke and his colleagues are suffering through their own form of cognitive dissonance: revealing new concerns about the economy’s long-term prospects even as they forecast faster growth in 2014. Worker productivity, a key component of an economy’s health, has risen at an annual clip of 1 percent during […]
26 Nov, 2013