Global Economy
US Economy Grew 1.5% in Second Quarter, BEA's Second GDP Estimate Confirms
The US Bureau of Economic Analysis confirmed on August 26, 2026 that real GDP grew at an annualized 1.5% rate in the second quarter of 2026, unchanged from the advance estimate and down from 2.1% growth in the first quarter.
10 Sept
Global Economy
China's Industrial Profits Climb 17.6% Through July on AI-Driven Electronics Surge, NBS Data Shows
China's industrial firms above designated size posted combined profits of 4.58 trillion yuan in January-July 2026, up 17.6% year-on-year, National Bureau of Statistics data released August 27 showed.
10 Sept
Global Economy
China's Factory Activity Improves to 49.8 in August, But Services Stay Weak
China's official manufacturing PMI rose to 49.8 in August 2026, up 0.6 points from July's 49.2, while non-manufacturing PMI held flat at 49.0 for a second straight month, the National Bureau of Statistics reported August 31 — both readings mark a second consecutive month below the 50-point expansion threshold, though manufacturing's contraction eased.
7 Sept
Global Economy
India's Economy Grows 7.8% in April-June Quarter as Investment Surges
India's real GDP grew 7.8% year-on-year in the April-June quarter of FY2026-27, up from 6.9% in the same quarter a year earlier, MoSPI reported August 31.
7 Sept
Global Economy
Germany's Ifo Business Climate Index Rises to 88.8 in August, Extending a Fourth Straight Monthly Gain
The ifo Institute's Business Climate Index for Germany rose to 88.8 points in August 2026, up from a revised 86.7 in July — the fourth consecutive monthly increase.
4 Sept
Global Economy
World Bank Says AI Could Compress a Century of Development Progress Into a Decade
The World Bank's World Development Report 2026 finds generative AI is far less likely to automate jobs in developing countries — 4.5% at risk, versus 14.2% in high-income countries — while offering nearly as much potential to boost productivity, 16.2% versus 18.7%.
4 Sept