Category Archives: Credit Crunch

GDP growth – which countries did best and worst in the recession?

The OECD Economic Outlook database provides a comprehensive macroeconomic overview of developed economies and includes forecasts for the coming year. Looking at annual real GDP changes, the OECD as a whole reached a low of  -3.4% in 2009. Growth was … Continue reading

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Credit Card Interest Rates – the Averages Diverge!

Ahead of Tuesday’s credit data, we ask “Is the interest rate you’re receiving on your credit card higher or lower than the average?” Actually, using the main data, it’s kind of difficult to tell. Here we unravel the various measures … Continue reading

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National accounting made pretty – a GDP story

When I’m not up to my usual biz dev tricks at Timetric, you’ll often find me in economics lectures as I study towards a Graduate Diploma in Economics during the evenings.   We’ve just begun the long-awaited module on Macroeconomics, … Continue reading

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Recession – The impact on GDP and employment in selected European countries

There is little need to tell anyone that there is (or was for some) a global recession. What is interesting in all this is how different economies in the EU have fared during the recession.  I’m going to compare the … Continue reading

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Recession Repercussions

new TMTRC.Widget({“series”:[{"url":"http://timetric.com/embed/gross-domestic-product-cvm-sa-quarterly-ons/index/"}]}, { “height”: 350 }).render(); A recession is defined as a period of general economic decline, typically indicated by a fall in GDP for two or more consecutive quarters. Everyone’s still feeling the effects of the recession that began … Continue reading

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