www.investmentexecutive.com
Open in
urlscan Pro
3.171.76.102
Public Scan
URL:
https://www.investmentexecutive.com/news/research-and-markets/growth-remained-weak-in-q4-oecd/
Submission: On December 08 via api from US — Scanned from CA
Submission: On December 08 via api from US — Scanned from CA
Form analysis
2 forms found in the DOMhttps://www.investmentexecutive.com
<form class="text-center search-box__form form-inline" action="https://www.investmentexecutive.com">
<input type="search" name="s" id="search" value="" placeholder="Search" class="search-box__input form-control form-control--small-width form-control--sticky no-border-radius">
<input type="hidden" name="post_type" value="post">
<button type="submit" class="search-box__button btn btn-lg user-form__btn-submit user-form__btn-submit--search no-border-radius component-quick-subscribe-newsletters__button" title="Search">Search</button>
</form>
POST https://www.investmentexecutive.com/my-account/newsletters/
<form class="col-md-12 text-center" action="https://www.investmentexecutive.com/my-account/newsletters/" method="POST">
<div class="form-inline">
<input value="" placeholder="Your email address" type="email" id="email_input" name="email_input" class="form-control form-control--small-width form-control--sticky no-border-radius" aria-required="true" required="">
<input name="send_user_message" type="submit" class="btn btn-lg form-control user-form__btn-submit no-border-radius component-quick-subscribe-newsletters__button" value="Subscribe">
</div>
</form>
Text Content
* CE Corner * Webinars * Soundbites Toggle navigation Search * Log in * Subscribe Growth remained weak in Q4: OECD Share Facebook LinkedIn Twitter Mail to a fried Print * News * Industry News * From the Regulators * People * Products * Research and Markets * Report Cards * Insight * Editorials * Columns * Letters to the Editor * In Depth * Special Reports * Report Cards * Magazines * Partner Reports * Expert Advice * Inside Track * Brand Knowledge * Newspaper * Tools * CE Corner * Webinars * For Your Clients * Partners’ Place * Soundbites * Search> Search Home News Research and Markets Growth remained weak in Q4: OECD GROWTH REMAINED WEAK IN Q4: OECD While Canada turned positive, fourth quarter GDP slowed in G7 * By: James Langton * February 21, 2024 February 21, 2024 * 11:48 * Share Facebook LinkedIn Twitter Mail to a fried Print iStockphoto James Langton Economic growth limped along in the fourth quarter, according to new data from the Organization for Economic Cooperation and Development (OECD). The Paris-based group reported that GDP in the OECD area rose by 0.4% in the fourth quarter. “Quarterly OECD GDP growth rates have remained weak over the past two years,” it noted. For the G7 countries, quarter-over-quarter GDP growth slowed to 0.4% in the fourth quarter, down from 0.5% in the previous quarter. “This reflects a mixed picture among G7 countries,” it said. For instance, growth contracted in the U.K., Germany and Japan, but stayed positive in the U.S., where quarterly growth slowed to 0.8% in Q4 from 1.2% in the previous quarter. Conversely, the Canadian economy saw a recovery in Q4, the OECD said, with fourth quarter growth coming in at 0.3%, reversing a contraction in the third quarter. Growth also increased slightly in Italy, it noted. The OECD said initial estimates of annual growth indicate that GDP rose 1.6% in 2023, down from 2.9% in 2022, amid higher core inflation and tighter monetary policy. Among the countries with available data, 10 saw GDP contract in 2023, and 14 countries saw growth slow but stay positive. Only three economies recorded higher annual growth in 2023, including a couple of heavyweights, the U.S. and Japan — with the U.S. recording 2.5% growth in 2023, up from 1.9% in 2022, and Japan generating 1.9% in 2023, up from 1.0% the previous year. RELATED NEWS REVENUE GAINS FAIL TO BOOST BANKS’ PROFITS: FITCH LOWER IMMIGRATION WILL SLOW ECONOMIC GROWTH, BUT WON’T CAUSE RECESSION: REPORT BANK SECTOR OUTLOOKS IMPROVING Keywords Economic indicators, Inflation, Interest rates, Monetary policy, U.S., Japan COMPANIES Organisation for Economic Co-operation and Development Share this article and your comments with peers on social media * Facebook * LinkedIn * Twitter Every day, get the financial news that matters in your inbox. TOOLS WEBINARS * DECUMULATION FOR BUSINESS OWNERS, INCORPORATED PROFESSIONALS AND HOLDCO SHAREHOLDERS * CAN ETFS SOLVE THE INCOME CHALLENGE? CE Corner For Your Clients Events LATEST NEWS IN RESEARCH AND MARKETS U.S. ADDED A STRONG 227,000 JOBS IN NOVEMBER Meanwhile, those who have lost their jobs are finding it harder to land a new one * By: Paul Wiseman, The Associated Press * December 6, 2024 December 6, 2024 * 09:27 LAURENTIAN BANK REPORTS $40.7M Q4 PROFIT The bank's profit level is up about $10M from the same period last year * By: The Canadian Press * December 6, 2024 December 6, 2024 * 09:19 WHY TRUMP AND THE FEDERAL RESERVE COULD CLASH IN THE COMING YEARS Political clashes might be inevitable in the next four years * By: Christopher Rugaber, The Associated Press * December 5, 2024 December 5, 2024 * 11:17 STATISTICS CANADA REPORTS MERCHANDISE TRADE DEFICIT NARROWED IN OCTOBER Statistics Canada says the country's merchandise trade deficit narrowed to $924 million in October * By: The Canadian Press * December 5, 2024 December 5, 2024 * 10:33 TODAY'S TOP STORIES CANADA’S ETF MARKET GROWS EVEN MORE CROWDED More than 180 new ETFs have made their trading debut on Canadian exchanges so far in 2024 * By: Rudy Luukko * December 6, 2024 December 6, 2024 * 12:31 CIRO SANCTIONS ANOTHER EX-TRADER IN DISCLOSURE CASE A second former Stifel Nicolaus trader settles with SRO * By: James Langton * December 6, 2024 December 6, 2024 * 13:02 LETTER: A DÉJÀ VU MOMENT FOR BANK SALES PRACTICES New review must be approached with urgency, transparency and a commitment to meaningful action, writes Harvey Naglie * By: Harvey Naglie * December 5, 2024 December 5, 2024 * 17:21 THE RESTART OF THE DEALS Canadian wealth management, insurance advisory shops are hot properties as M&A activity ramps up * By: Kevin Press * December 6, 2024 December 6, 2024 * 16:53 * News * Industry News * From the Regulators * People * Products * Building Your Business * Client Communications * Practice Management * Financial Planning * In Depth * Special Reports * Report Cards * Magazines * Partner Reports * Insight * Editorials * Columns * Letters to the Editor * Inside Track * Tools * Brand Knowledge * Newspaper * * Free Subscription * * * * * About Us * Contact Us * Reprints and Permissions * Advertise * Statement of Ethics * Terms of Use * Privacy Policy * Accessibility © 2024 Newcom Media Inc. We use cookies to make your website experience better. By accepting this notice and continuing to browse our website you confirm you accept our Terms of Use & Privacy Policy. read more >> I Agree