Archive for October 9th, 2012

Deeper Analysis

Evolution of Global Growth since 1994

October 9, 2012

New real growth forecasts released by the IMF show average annual world economic expansion in 2011-13 of 3.6% and 3.8% in the decade through 2013.  Those projections are down from actual growth of 5.0% in 2004-2007 but a shade higher than the 3.4% per year pace sustained in the decade through 2003. The growth rate […] More

New Overnight Developments Abroad - Daily Update

Gloomy Report from IMF

October 9, 2012

A new World Economic Outlook with downwardly revised growth forecasts was released by the IMF.  Projected global growth in 2012 and 2013 was revised to 3.3% and 3.6% from estimates made in July of 3.5% and 3.9%.  The euro area will contract 0.4% in 2012 and rebound just 0.2% in 2013 (the latter being trimmed […] More