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SATURDAY, NOVEMBER 21, 2009
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NEWS ABOUT: growth

growth stories: 19 news summaries

 IMF: Global Recession Is Over 

World economy is growing, but recovery will be slow

Oct 1, 09 5:37 AM CDT
(Newser) - The global recession is over, the International Monetary Fund said today, revising its economic forecasts in response to Asian growth and more than $2 trillion in stimulus packages worldwide. The IMF now says the world economy is growing and will expand by 3.1% in 2010, with China growing at... More »

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International Monetary Fund • growth • recession • IMF • global economy • Dominique Strauss Kahn • financial crisis • economic recovery

(Newser) - Hong Kong emerged from the recession with a bang last quarter, posting better-than-expected growth of 3.3% from April to June. The Chinese territory suffered four quarters of contraction but came out of the red thanks to a pickup in exports and increased private consumption. Singapore also blasted out of... More »

MORE ABOUT:
Asia • economic growth • Hong Kong • growth • recession • Singapore

OECD report

 Recession Will 
 End This Year 

But growth will be sluggish through 2010, says Paris development group

Jun 24, 09 6:53 AM CDT
(Newser) - The US recession will end this year, but fragile financial markets and sapped consumer wealth will keep the pace of recovery sluggish, an influential Paris-based economic prognosticator said today. The OECD—Organization for Economic Cooperation and Development—predicted that the US economy will shrink by 2.8% this year and... More »

MORE ABOUT:
housing market • growth • recession • US economy • economy • Organization for Economic Cooperation and Development

(Newser) - Just last week, Twitter was on the cover of Time; today, everyone’s crowing about its demise, writes Om Malik for GigaOm. According to Compete.com, Twitter’s unique visitor growth stalled in May after months of sensational gains, up a mere 1.47% compared to Facebook’s 8%. The... More »

MORE ABOUT:
social networking • Facebook • growth • Twitter • Twitpocalypse

(Newser) - Our long national nightmare could soon be over: Top economic forecasters expect the recession to end by the second half of this year, Reuters reports. In a new survey, experts predict the GDP will shrink by 2.8% this year but edge up 1.9% in 2010. Even so, economists... More »

MORE ABOUT:
growth • recession • unemployment • economist • GDP • economy

UPDATED

 China 'Worried' 
 About US Debt 

Dollar, Treasurys fall as Wen voices concern

Mar 13, 09 7:45 AM CDT
(Newser) - The dollar and US Treasury bonds fell today after Wen Jiabao, the Chinese premier, voiced concern about the safety of US debt. As the American government's largest creditor, China has asked for reassurances that the US government demonstrate the safety of China's assets. "To be honest," said Wen,... More »

MORE ABOUT:
China • Beijing • debt • National People's Congress • growth • Chinese economy • Wen Jiabao

China Outlines
Stimulus Plans, But Offers No New Boost

Investors looking for more spending

Mar 5, 09 6:46 AM CST
(Newser) - China's prime minister announced a slate of new construction projects and increased subsidies to keep the country growing amid the global financial crisis. In his annual speech to the country's legislature, Wen Jiabao admitted that China faces "unprecedented difficulties and challenges" and would need to shift policies to push... More »

MORE ABOUT:
China • Beijing • National People's Congress • growth • Chinese economy • Wen Jiabao

 Global Plunge 
 Panics Economists 

Markets dive worldwide as new figures point to intractable slowdown

Feb 18, 09 4:13 AM CST
(Newser) - The markets' global plunge yesterday was testament to a new, scary fact, writes the Washington Post: the world economic crisis is getting even worse. New figures show the economies of Japan, Britain and Germany contracting at their fastest in decades, while emerging markets like Russia and Brazil are tanking, and... More »

MORE ABOUT:
growth • recession • unemployment • global economy • financial crisis

ANALYSIS

Compromise Stimulus Means Short-Term Pain

Unemployment will climb, recession will last until end of 2009

Feb 12, 09 5:30 AM CST
(Newser) - The final version of the economic stimulus package will provide less immediate support for the economy than Barack Obama had hoped, reports the Wall Street Journal, and makes it likely that the US will remain in recession through 2009. The $790 billion deal cuts aid to state and local government... More »

MORE ABOUT:
Congress • growth • unemployment • economic stimulus package • compromise • Obama administration • financial crisis

GLOSSIES

 10 Best Cities 
 for Small Business 


Feb 8, 09 10:59 AM CST
(Newser) - Despite tough economic times, an analysis of the country’s 100 largest metropolitan areas offers hope for those looking to launch a small business. Portfolio and BizJournals list the cities that are most conducive:
  1. Raleigh, NC: The only market to rank among the top 10 in many key categories—
... More »

MORE ABOUT:
business • Austin • employment • growth • Salt Lake City • population • Seattle • Raleigh • small business • Charlotte • Boise • financial crisis

China Tops US With More High-Speed Lines

Nation's rise in broadband technology 'a major milestone'

Sep 27, 08 3:41 PM CDT
(Newser) - China's broadband network is now bigger than America's, InformationWeek reports. In fact the Asian nation has the planet's biggest high-speed network—which "means a lot more for building a modern, hi-tech economy" than China's spacewalk yesterday, one expert said. "This is a major milestone for China." More »

MORE ABOUT:
China • technology • broadband Internet • United States • competition • growth • regulation • telecommunications

OPINION

 China Is an Unlikely Superpower 

Despite Americans inflates sense of country's dominance

Jul 27, 08 10:27 AM CDT
(Newser) - American pundits are constantly claiming that China will soon overtake the US as the world’s dominant power—but if you look at the facts, that’s just not true, writes John Pomfret in the Washington Post. “Dire demographics, an overrated economy, an environment under siege, and an ideology... More »

MORE ABOUT:
China • power • growth • population • Chinese economy • Kung Fu Panda

 China's Wind Power Takes Off

Could compete with coal by 2015

Jul 27, 08 6:09 AM CDT
(Newser) - Although known for its monstrous appetite for coal, China has spent the last few years ramping up its wind-power capacity, the Guardian reports. The amount of wind power generated has grown over 100% a year since 2005, with enormous wind farms popping up across the country. "It is huge,... More »

MORE ABOUT:
China • alternative energy • growth • electricity • renewable energy • wind power • coal power

 Tech Holds Ground Amid Slump 

Growth slow, but still up; unemployment below average—no dot-com bust here

Jul 9, 08 7:10 PM CDT
(Newser) - Despite malaise in most sectors of the economy, the technology industry is weathering the downturn well, USA Today reports. Sales are up only 3% this year over 2007—a mediocre result, considering the industry usually grows by more than 10%—but with tech unemployment at 3.9% compared to 5.... More »

MORE ABOUT:
technology • growth • credit crisis • computer • sales slump • tech industry • downturn

ANALYSIS

Economists 'Endorsing'
Mac Plan Didn't See Fine Print

Of 300 signed on to support jobs plan, many tepid, or worse, on his overall agenda

Jul 9, 08 3:37 PM CDT
(Newser) - On Monday, John McCain's campaign released a pledge of support for the candidate’s “Jobs for America” plan signed by 300 economists. But, Politico found in interviews with a sample of the signatories, many didn’t actually support many of the policy prescriptions in the Republican's plan—and one... More »

MORE ABOUT:
John McCain • Republican • growth • economist • campaign • economic plans • economy

 Web's Growth Shows 
 No Sign of Pause 

Mobile volume will double every year through 2012, Cisco study says

Jun 16, 08 2:21 PM CDT
(Newser) - Internet traffic continues to grow at an astonishing pace, GigaOm reports. A study by Cisco Systems has found that world network traffic will increase 46% from 2007 to 2012. By 2012, the annual bandwidth demand is estimated to become 522 exabytes—a billion gigabytes. More »

MORE ABOUT:
Internet • growth • Cisco • bandwidth usage • Internet infrastructure • bandwidth

Microchips Earning Maxi Profits

Intel net income boosted 43% by huge demand for laptops

Oct 17, 07 4:25 AM CDT
(Newser) - Silicon Valley giant Intel, whose microchips are an integral part of most computers, reported a 43% jump in net income to $1.86 billion for the third quarter—and forecast another increase in the current quarter. The company is firing on all cylinders, with investors driving up the stock 26%... More »

MORE ABOUT:
Intel • growth • Nasdaq • Advanced Micro Devices • net revenue • net income • Andy Bryant • Paul Otellini • Gross margin

Home Prices Boom, In
Select Cities

Cities that sat out the bubble are showing gains despite overall slump

May 9, 07 10:28 AM CDT
(Newser) - Despite the real estate slump, several cities are seeing double-digit gains in housing prices: Portland, Boise, Seattle, Salt Lake City, Houston, Austin, Charlotte and Raleigh aren't feeling the bubble blues—in part because they missed out on the bubble. More »

MORE ABOUT:
real estate • housing market • housing • growth • US economy

Small Towns to Chain Stores:
Let Us Shop!

Little places lure big retailers at annual shopping convention

Apr 4, 07 4:24 PM CDT
(Newser) - Small towns and exurbs are bending over backwards to woo national retail chains, Governing magazine reports from the International Council of Shopping Centers' convention. Phalanxes of city reps descend on the dizzingly massive—and cutthroat—annual spring conference in Vegas, attempting to raise their profile and land a Pottery Barn... More »

MORE ABOUT:
retail • Starbucks • International Council of Shopping Centers • shopping • consumer • economics • business • growth • retail shopping

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