Despite the apparently inexorable rise of China, the United States remains by far the world’s largest national economy, a position it has held since the 1890s. The US GDP of $15.1trn accounts for over 19 per cent of gross world product by purchasing power parity.
By Nick Beecroft - 24 February 12:19
While current storms will weigh upon February’s statistics, Q2 growth could now hit 4 per cent and US rates could move significantly higher along the curve.
By Alex Hern - 15 August 9:23
Compared to Ryan's budgets, Cameron's coalition looks positively profligate.
By New Statesman - 01 March 13:42