The latest key business cycle indicators for Spain include encouraging signs of improvement. However, there are also ominous developments suggesting tougher economic times ahead. Examples are falling business and consumer confidence scores as well as plummeting building permits in the Kingdom of Spain. Spain’s Gross Domestic Product (GDP) on a Purchasing Power Parity (PPP) … [Read more...] about Spain Business Cycle Indicators Report
Turkey Business Cycle Indicators Report
The latest key business cycle indicators for the Republic of Turkey are confusing and, in some cases, contradictory. These conflicting signals suggest that Turkey’s economy is embroiled in turmoil. Turkey’s Gross Domestic Product (GDP) on a Purchasing Power Parity (PPP) basis did expand in October 2019 increasing at a mediocre annual rate of 2%. Turkey’s economy is … [Read more...] about Turkey Business Cycle Indicators Report
Trade Surpluses or Deficits for Top 25 Richest Countries
In this report we peruse the trade balances for the top 25 richest countries. Thirteen of those wealthiest economies posted trade surpluses during 2018. In a nutshell, a trade balance is an accounting record that measures the difference in international cash flows between a country’s exports and imports. Trade balance metrics below focus not only on traded products (also … [Read more...] about Trade Surpluses or Deficits for Top 25 Richest Countries