In Q1 2017 the global economy was driven by strong growth in manufacturing & trade and The International Monetary Funds (IMF) latest report shows that the broad based growth will continue through 2018. Blog post by Ketan Deshpande, MN
The World Bank continues to maintain its forecast that global growth will improve to 2.7 percent this year, citing a pickup in manufacturing and trade, improved market confidence and a recovery in commodity prices.
For 2017 #US economy continues to be the largest however #China and #India are predicted to close the gap and surpass it by 2050 .......
Britain is set to drop out of the world’s five largest economies based on gross domestic product in nominal terms, according to International Monetary Fund estimates published this week.
Factories across Europe and much of Asia posted another month of solid growth in March, rounding off a strong quarter for manufacturers, even though exporters fear a rise in U.S. protectionism could snuff out a global trade recovery. China led the way, with an official manufacturing index expanding at the fastest pace in nearly five years. Surveys on Monday also showed encouraging growth in Europe, Japan, India and much of emerging Asia.