Global Economy Showing Improvements

Global Economy Making ImprovementAlthough the numbers and results prove to be complex, the verdict is in and the overall global economy is seeing significant improvements according to Barclays Capital Research. The first half and first two quarters of the year proved to be on a steady rise, but it is the latter two quarters that experts are seeing the most positive results. Despite the soft and weak data presented, the overall economy is still on a steady rise upwards. A clear and defined example of some of this complex data can be seen in that although the United Kingdom experienced a decline in the average weekly earnings category, the unemployment rate fell. Gathered is Barclays Capital Research’s key for GDP forecasts for both the third quarter and fourth quarter.

Barclays Capital Research Key GDP Forecasts for 3Q and 4Q:

  • Emerging markets are projected to be at 5% for 3Q and 5.5% for 4Q
  • Advanced markets are expected to be at 2.1% for 3Q and 2.2% for 4Q
  • U.S. markets are expected to be at 2.5% for both 3Q and 4Q
  • Germany markets are projected to be at 1.2% for 3Q and 1.3% for 4Q
  • France markets are projected to be at 0.8% for 3Q and 1.2% for 4Q
  • Italy markets are expected to be at 1.1% for 3Q and 1.4% for 4Q
  • Brazil markets are expected to be at 0.4% for 3Q and 1.2% for 4Q
  • Russia markets are expected to decline at -1.7% for 3Q and -1.5% for 4Q
  • India markets are expected to rise at 3.1% in 3Q and 5.3% for 4Q
  • China markets are projected to increase by 8% for both 3Q and 4Q

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