Joe Jobling’s Post

Worries around a potential US recession continued to fade last week, as a raft of positive economic data appeared to help build confidence in global markets. Chief among these was UK GDP, which grew by 0.6% in the second quarter of 2024, compared to the first quarter. The first quarter itself saw some strong growth. This means GDP has increased by 0.9% since the second quarter of last year despite the recession at the end of 2023. Read more: https://lnkd.in/eJ2TD_A8 #GDP #Economy #UK

Worries around a potential US recession continued to fade last week, as a raft of positive economic data appeared to help build confidence in global markets. Chief among these was UK GDP, which grew by 0.6% in the second quarter of 2024, compared to the first quarter. The first quarter itself saw some strong growth. This means GDP has increased by 0.9% since the second quarter of last year despite the recession at the end of 2023. Read more: https://lnkd.in/emMfZGkr #GDP #Economy #UK

Worries around a potential US recession continued to fade last week, as a raft of positive economic data appeared to help build confidence in global markets. Chief among these was UK GDP, which grew by 0.6% in the second quarter of 2024, compared to the first quarter. The first quarter itself saw some strong growth. This means GDP has increased by 0.9% since the second quarter of last year despite the recession at the end of 2023. Read more: https://lnkd.in/eUaN9SPV #GDP #Economy #UK

Worries around a potential US recession continued to fade last week, as a raft of positive economic data appeared to help build confidence in global markets. Chief among these was UK GDP, which grew by 0.6% in the second quarter of 2024, compared to the first quarter. The first quarter itself saw some strong growth. This means GDP has increased by 0.9% since the second quarter of last year despite the recession at the end of 2023. Read more: https://lnkd.in/eggzYfAa #GDP #Economy #UK

Worries around a potential US recession continued to fade last week, as a raft of positive economic data appeared to help build confidence in global markets. Chief among these was UK GDP, which grew by 0.6% in the second quarter of 2024, compared to the first quarter. The first quarter itself saw some strong growth. This means GDP has increased by 0.9% since the second quarter of last year despite the recession at the end of 2023. Read more: https://lnkd.in/gRzwUTnt #GDP #Economy #UK

Worries around a potential US recession continued to fade last week, as a raft of positive economic data appeared to help build confidence in global markets. Chief among these was UK GDP, which grew by 0.6% in the second quarter of 2024, compared to the first quarter. The first quarter itself saw some strong growth. This means GDP has increased by 0.9% since the second quarter of last year despite the recession at the end of 2023. Read more: https://lnkd.in/e6euj-k2 #GDP #Economy #UK

Britain's economy is on the brink of overcoming its recent recession, with February data indicating a 0.1% rise in GDP, aligning with forecasts 🗞️ This increment sustains the recovery initiated in January, which saw an adjustment in growth figures from 0.2% to 0.3%. Read more here: https://bit.ly/4av0vdD #Accountancy #Updates #BritainsEconomy #GDP

U.S. Exceptionalism U.S. debt-to-GDP set to rise to exceed pandemic peak of 2020 by 2028. Even as countries including Canada, Germany, Italy and Spain are on declining debt-to-GDP path to 10% below pandemic levels by 2028. From the April IMF Fiscal Monitor https://lnkd.in/e7cNMvjV

📈 Brace for impact as the UK GDP month-over-month data is set to unveil economic dynamics. Stay tuned for a glimpse into the pulse of the British economy.  #UKGDP #EconomicUpdate #FinanceInsights

Let’s start the week with something positive. On Friday it was confirmed that the UK’s admittedly short lived recession is now officially over. Figures showed GDP jumped by a stronger than expected 0.6% in the first three months of this year. This could mean the economy may finally be gaining some momentum after years of slow growth. While an immediate cut in interest rates is doubtful, it’s certainly moving in the right direction. #recession #ukeconomy #GDP #grossdomesticproduct #interestrates