Simply Economics

US Economy Surges in Q2, Real Estate Market Forecast, Central Bank Meetings and Earnings Reports

US economic growth increased last quarter to a healthy 2.8% annual rate. Find out the forecast for the US real estate market and which sectors are expected to outperform. Get ready for major central bank meetings and key earnings reports from tech giants. Stay informed about the pivotal events shaping the global economy.Sources:https://www.kiiitv.com/article/news/nation-world/us-economic-growth-increased-last-quarter/507-391ab748-97f7-45cf-b594-53aed7df1190https://www.oxfordeconomics.com/resource/us-industrial-and-retail-outperform-over-the-next-five-years/https://www.fxstreet.com/analysis/week-ahead-central-banks-earnings-economic-data-202407261638https://realeconomy.rsmus.com/american-economy-grew-by-2-8-in-second-quarter-exceeding-forecasts/Outline:(00:00:00) Introduction(00:00:42) US economic growth increased last quarter to a healthy 2.8% annual rate(00:03:43) US Industrial and retail outperform over the next five years(00:07:04) Week ahead: Central banks, earnings, economic data(00:09:41) American economy grew by 2.8% in second quarter, exceeding forecasts

Nebraska’s Economy on the Rise, US GDP Growth Surpasses Expectations

Nebraska's leading economic indicator rises 0.58% in June, signaling positive outlook. US economic growth increased last quarter to a healthy 2.8% annual rate, defying expectations. Plus, a comprehensive analysis of the economics of college football bowl games. Also, US economic growth ramps up, growing 2.8% in the latest quarter, with implications for the upcoming election.Sources:https://news.unl.edu/article/nebraskas-leading-economic-indicator-rises-058-in-junehttps://www.kiiitv.com/article/news/nation-world/us-economic-growth-increased-last-quarter/507-391ab748-97f7-45cf-b594-53aed7df1190https://gridironheroics.com/economics-of-college-football-bowl-games/https://www.theguardian.com/business/article/2024/jul/25/june-inflation-interest-ratesOutline:(00:00:00) Introduction(00:00:40) Nebraska’s leading economic indicator rises 0.58% in June(00:02:34) US economic growth increased last quarter to a healthy 2.8% annual rate(00:05:57) A Look At The Economics Of College Football Bowl Games(00:09:58) US economic growth ramps up, growing 2.8% in latest quarter

US Economic Growth Picks Up, Budget 2024 Prioritizes Politics

US economic growth is expected to pick up in the second quarter, while India's budget falls short of addressing economic challenges. New home sales drop slightly, and economists warn against further rate hikes in Australia. Stay informed about the latest economic developments and their implications on personal finances, investments, and global markets.Sources:https://www.aol.com/news/us-economic-growth-seen-picking-040446977.htmlhttps://indianexpress.com/article/opinion/columns/budget-nda-bihar-andhra-pradesh-9473878/https://mishtalk.com/economics/new-home-sales-drop-slightly-economists-expected-a-3-4-percent-rise/https://www.theguardian.com/business/article/2024/jul/25/another-rate-rise-cannot-be-justified-and-would-put-australias-economy-at-risk-economists-warnOutline:(00:00:00) Introduction(00:00:37) US economic growth seen picking up in second quarter, inflation subsiding(00:03:19) Budget 2024: Prioritising politics over economics(00:03:53) New Home Sales Drop Slightly, Economists Expected a 3.4 Percent Rise(00:06:36) Another rate rise ‘cannot be justified’ and would put Australia’s economy at risk, economists warn

China’s Economic Policies and the Legacy of C.T. Kurien

China's third plenum is almost a declaration of economic war. Remembering the distinguished economist C.T. Kurien. Plus, Sausalito allows nonresidents to join economic committee and clashes arise over Louisiana's coastal restoration project.Sources:https://www.telegraph.co.uk/business/2024/07/24/chinas-third-plenum-is-almost-a-declaration-of-economic-war/https://www.thehindu.com/news/national/ct-kurien-distinguished-economist-no-more/article68440057.ecehttps://www.marinij.com/2024/07/23/sausalito-ordinance-lets-nonresidents-join-economic-committee/https://www.hindustantimes.com/world-news/us-news/clashes-arise-over-the-economic-effects-of-louisiana-s-3-billion-dollar-coastal-restoration-project-101721780990765.htmlOutline:(00:00:00) Introduction(00:00:41) China’s third plenum is almost a declaration of economic war(00:03:28) C.T. Kurien, distinguished economist, no more(00:06:13) Sausalito ordinance lets nonresidents join economic committee(00:08:27) Clashes arise over the economic effects of Louisiana's $3 billion-dollar coastal restoration project

US Economic Index Declines, Baltic Recovery Varies, Gold Prices Steady

The US' leading economic index declines in June 2024, while the Baltic region experiences varying levels of economic recovery. Gold prices remain steady as investors await US economic data. Plus, price crashes in Egypt challenge conventional economic wisdom. Stay informed on the latest economic developments and their implications for various sectors.Sources:https://www.fibre2fashion.com/news/textile-news/us-leading-economic-index-declines-in-june-2024-tcb-296858-newsdetails.htmhttps://www.fxstreet.com/analysis/economic-recovery-in-the-baltics-varies-202407230714https://www.cnbc.com/2024/07/23/gold-prices-steady-with-us-economic-data-in-focus.htmlhttps://theedgemalaysia.com/node/719981Outline:(00:00:00) Introduction(00:00:38) US' leading economic index declines in June 2024: TCB(00:03:50) Gold prices steady with U.S. economic data in focus(00:06:53) Price crashes in Egypt against conventional economic wisdom

Economic Survey 2023-24: GDP Growth and Inflation Projections, Job Challenges for Youth

The Economic Survey 2023-24 highlights India's GDP growth projections and inflation expectations. It also addresses the challenges faced by the youth in finding productive jobs. Additionally, the survey emphasizes the importance of private sector financing for India's infrastructure development. Lastly, the full text of the survey reveals the positive short-term outlook and the need for a clear vision for long-term growth.Sources:https://indianexpress.com/article/business/budget/economic-survey-2023-24-highlights-9468247/https://www.businesstoday.in/union-budget/story/budget-2024-economic-survey-2024-65-of-the-population-under-35-yet-many-lack-skills-for-a-modern-economy-438086-2024-07-22https://money.rediff.com/news/market/private-sector-financing-crucial-for-india-s-infrastructure-economic-survey/13045820240722https://indianexpress.com/article/business/full-text-economic-survey-2024-says-short-term-outlook-positive-long-term-requires-clear-vision-9468251/Outline:(00:00:00) Introduction(00:00:42) Economic Survey 2023-24 Highlights: GDP growth projected at 6.5-7%; RBI expects inflation to be 4.5% in FY25(00:04:02) Economic Survey 2024: 65% of the population under 35, yet many lack skills for a modern economy(00:06:53) Private Sector Financing Crucial for India's Infrastructure: Economic Survey(00:10:13) Full Text: Economic Survey 2024 says short-term outlook positive, long term requires clear vision

Economic Outlook: Interest Rate Cut Expected, China’s Challenges, Lawton’s Development, and Supreme Court’s Ruling

Regional economic outlook leans toward interest rate cut in September. China expects economic challenges as it faces conflicting pledges. Designated funding in the CIP will aid Lawton's economic development process. The Supreme Court's 'Chevron' ruling is an existential threat to the 'American economic miracle' and will make the U.S. more like Europe, says Lazard chair.Sources:https://www.kccrradio.com/2024/07/20/regional-economic-outlook-still-leaning-toward-interest-rate-cut-in-september/https://www.taipeitimes.com/News/biz/archives/2024/07/20/2003821039https://www.swoknews.com/community_news/designated-funding-in-the-cip-will-aid-lawtons-economic-development-process/article_b69b8e93-67d9-59a0-8c61-3bb48d9ed33b.htmlhttps://fortune.com/2024/07/20/supreme-court-chevron-ruling-existential-threat-american-economic-miracle-innovation-state-rulemaking/Outline:(00:00:00) Introduction(00:00:40) Regional Economic Outlook Still Leaning Toward Interest Rate Cut In September(00:02:25) China expects economic challenges(00:04:30) Designated funding in the CIP will aid Lawton's economic development process(00:06:53) The Supreme Court's 'Chevron' ruling is an existential threat to the 'American economic miracle' and will make the U.S. more like Europe, Lazard chair says

North Dakota’s Economic Resilience, Oil Market Rollercoaster, and Canada’s Population Growth

Midwest state economic review: North Dakota fares well in 2024 trade. Oil news: Geopolitics vs Economics: The forces shaping next week's crude oil futures. Population growth 'masked' Canada's 'recession-like economic backdrop': RBC. The invisible hand: A concept that explains hidden economic forces in the market.Sources:https://www.kfyrtv.com/2024/07/19/midwest-state-economic-review-north-dakota-fares-well-2024-trade/https://www.fxempire.com/forecasts/article/oil-news-geopolitics-vs-economics-the-forces-shaping-next-weeks-crude-oil-futures-1447459https://www.bnnbloomberg.ca/business/economics/2024/07/19/population-growth-masked-canadas-recession-like-economic-backdrop-rbc/https://www.businessinsider.com/personal-finance/investing/invisible-handOutline:(00:00:00) Introduction(00:00:48) Midwest state economic review: North Dakota fares well in 2024 trade(00:02:56) Oil News: Geopolitics vs Economics: The Forces Shaping Next Week’s Crude Oil Futures(00:05:55) Population growth ‘masked’ Canada’s ‘recession-like economic backdrop’: RBC(00:09:36) The invisible hand: A concept that explains hidden economic forces in the market

Global Shipping Crisis Sparks Inflation Fears, Hotel Industry’s Positive Impact, Phone Choices and Privacy, UK Wage Growth Slows

The global shipping industry faces a crisis that could lead to inflation. The Hotel Caring initiative showcases the positive impact of the lodging industry. The cultural, economic, and policy dimensions of phone choices. UK wage growth slows, posing challenges for the economy. Stay informed with Simply Economics as we delve into these important topics.Sources:https://www.bnnbloomberg.ca/business/economics/2024/07/18/global-shipping-strains-spark-fears-of-an-inflation-comeback/https://www.hospitalitynet.org/news/4122950.htmlhttps://www.aei.org/technology-and-innovation/the-cultural-economic-and-policy-dimensions-of-your-phone-choices/https://www.theguardian.com/business/article/2024/jul/18/uk-jobs-market-wage-growth-interest-rates-onsOutline:(00:00:00) Introduction(00:00:40) Global shipping strains spark fears of an inflation comeback(00:03:05) CHLA, Oxford Economics Launch "Hotel Caring" Initiative(00:05:15) UK jobs market cools again as wage growth slows

China’s Affordable Housing Initiative, Oil Prices Ease on Economic Concerns, Trump’s Economic Plans Analyzed, and China’s ’Luxury Shame’

China goes big on affordable housing to fix economic headaches. Crude oil prices ease on economic and demand concerns. An analysis of Trump's economic plans and their feasibility. China's wealthy individuals shy away from flaunting their wealth amid economic jitters. Stay informed with Simply Economics as we delve into these key economic stories.Sources:https://www.firstpost.com/world/to-fix-economic-headaches-china-goes-big-on-affordable-housing-13793549.htmlhttps://www.qcintel.com/article/oil-futures-crude-prices-ease-on-economic-demand-concerns-26959.htmlhttps://www.whio.com/news/trumps-economic/QYDXGMA7QZBGBMI3457XAWIPEE/https://www.cnbc.com/2024/07/16/chinas-rich-shy-away-from-flaunting-wealth-amid-economic-uncertainty.htmlOutline:(00:00:00) Introduction(00:00:42) To fix economic headaches, China goes big on affordable housing(00:02:56) Oil futures: Crude prices ease on economic, demand concerns(00:05:31) Trump's economic plans include proposed tariffs, tax cuts and no taxes on tips. Details are scarce(00:06:14) 'Luxury shame': China's rich shy away from flaunting their wealth amid economic jitters