2020-10-01 13:20:00
U.S. GDP DOWN 31.4%
U.S. BEA - September 30, 2020 - Real gross domestic product (GDP) decreased at an annual rate of 31.4 percent in the second quarter of 2020 (table 1), according to the "third" estimate released by the Bureau of Economic Analysis. In the first quarter, real GDP decreased 5.0 percent.
The "third" estimate of GDP released today is based on more complete source data than were available for the "second" estimate issued last month. In the second estimate, the decrease in real GDP was 31.7 percent. The upward revision with the third estimate primarily reflected an upward revision to personal consumption expenditures (PCE) that was…
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Earlier:
2020, September, 22, 13:15:00
U.S. DEBT WILL TWICE
Without changes to tax and spending laws, the U.S. federal debt held by the public will reach 195% of GDP by 2050,
2020, September, 21, 11:55:00
U.S. CARRENT ACCOUNT DEFICIT $170.5 BLN
The U.S. current account deficit, which reflects the combined balances on trade in goods and services and income flows between U.S. residents and residents of other countries, widened by $59.0 billion, or 52.9 percent, to $170.5 billion in the second quarter of 2020
2020, September, 17, 16:45:00
U.S. GDP WILL DOWN 3.7%
Federal Reserve Board and Federal Open Market Committee release economic projections from the September 15-16 FOMC meeting
2020, September, 17, 16:40:00
U.S. FEDERAL FUNDS RATE 0.0 - 0.25%
The Committee decided to keep the target range for the federal funds rate at 0 to 1/4 percent
2020, September, 16, 11:25:00
U.S. INDUSTRIAL PRODUCTION UP
U.S. industrial production rose 0.4 percent in August for its fourth consecutive monthly increase.
2020, September, 15, 16:15:00
U.S. FOR COVID: $1.5 TLN
With less than two months to go before the November election, there is growing anxiety among lawmakers about the inability of Congress and President Donald Trump’s White House to agree on a package to deliver relief to millions of Americans and an economy reeling from the coronavirus pandemic.
2020, September, 7, 11:20:00
U.S. EMPLOYMENT UP BY 1.4 MLN
U.S. total nonfarm payroll employment rose by 1.4 million in August
Chronicle:
2021, April, 15, 13:09:00
MASTERING WIND POWER 23 – 30 June 2021
Mastering Wind Power
LIVE ONLINE COURSE OVER 5 SESSIONS
Commences: 23 June 2021 – 30 June 2021 (7 – 10 am)
2021, April, 15, 13:05:00
U.S. OIL INVENTORIES DOWN 5.9 MB TO 492.4 MB
U.S. commercial crude oil inventories decreased by 5.9 million barrels to 492.4 million barrels.
2021, April, 14, 12:19:58
OIL PRICE: ABOVE $64 STILL
Brent rose 85 cents, or 1.3%, to $64.52 a barrel. WTI added 82 cents, or 1.4%, to $61 a barrel.
2021, April, 14, 12:15:00
GLOBAL OIL DEMAND WILL UP BY 6 MBD
In 2021, world oil demand growth is expected to increase by about 6.0 mb/d y-o-y, representing an upward revision of about 0.1 mb/d from last month’s report.
2021, April, 14, 12:10:00
U.S. OIL PRODUCTION WILL UP
Higher prices are buoying drillers’ confidence. Benchmark Nymex oil gained nearly 35% in the past four months after OPEC and its alliance cut production to strike a balance between demand and supply. The fossil fuel is also getting a bump as Covid-19 vaccinations progress and Americans travel again, boosting gasoline consumption.
2021, April, 14, 12:05:00
EUROPE NEED €150 BLN PER YEAR
The financing for the EU economic plan, agreed at 750 billion euros in 2018 prices, but totalling around 800 billion euros at current prices,
2021, April, 14, 12:00:00
EUROPEAN WIND INVESTMENT $51 BLN
The investments financed 19.6 GW of capacity that will be constructed in the coming years. Around 13 GW of this will be in the EU.