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Economic Output

All articles tagged with #economic output

finance2 years ago

"Oil Prices Plunge as Interest Rate Concerns and Middle East Conflict Persist"

Oil prices fell over 2.5% as traders weighed concerns about ongoing conflict in the Middle East and the possibility of "higher for longer" interest rates due to stronger-than-expected economic output in the US. The Federal Reserve's upcoming meeting is being closely watched for any indications of future rate hikes. The US dollar index also rose, adding pressure to crude prices. Traders are also speculating on the containment of the Israel-Hamas war and the potential impact on oil supply. Additionally, concerns about demand destruction and rising US stockpiles contributed to the decline in oil prices.

via Yahoo Finance|
#economic-output#federal-reserve#finance
economy2 years ago

The Growing Influence of China on BRICS Nations

The European Union (EU) has the third-largest economy in the world, with a combined GDP of $16.6 trillion in 2022. However, the economic might of the EU is concentrated in a few member states, with Germany, France, and Italy accounting for more than half of the EU's GDP. The top five countries, including Spain and the Netherlands, make up nearly 70% of the EU's GDP. Additionally, the EU heavily relies on the services sector, which contributes over 70% of its economic output. The EU faces challenges such as high energy costs, inflation, and stagnant wage growth, and the IMF projects a modest growth of 0.7% for the EU in 2023.

via Visual Capitalist|
#economic-output#economy#eu-economy
business2 years ago

Disney's 30-Year Expansion Plan for DisneylandForward to Create Thousands of Jobs and Boost Anaheim's Economy.

Disney presented its 30-year expansion plan, DisneylandForward, to Anaheim leaders, which includes updating and renovating the resort to generate over 4,000 jobs and $1.1 billion in economic output during the 4-year construction period. The plan also seeks to loosen zoning restrictions in the city's 1994 "Resort Specific Plan" to allow for more flexibility in integrating hotel, theme park, retail, and dining experiences. The proposed expansion includes new lands and attractions, such as Frozen land and Zootopia, Tron, and Toy Story elements, but Disney has not committed to any of them yet.

via Yahoo News|
#anaheim#business#disney
business2 years ago

DisneylandForward: A 30-Year Expansion Plan Creating 2,200 Jobs.

Disney presented its 30-year expansion plan, DisneylandForward, to Anaheim leaders, which includes updating and renovating the resort to generate over 4,000 jobs and $1.1 billion in economic output during the 4-year construction period. The plan also seeks to loosen zoning restrictions in the city's 1994 "Resort Specific Plan" to allow for more flexibility in integrating hotel, theme park, retail, and dining experiences. The proposed expansion includes new lands and attractions, such as Frozen land and Zootopia, Tron, and Toy Story elements, but Disney has not committed to any of them yet.

via Yahoo Entertainment|
#anaheim#business#disney