The Chinese economy grew at its slowest pace in 24 years in 2014. Provinces have in response lowered their GDP targets for 2015, with Shanghai eliminating its target altogether. Today’s graphic tracks the growth targets across Chinese provinces.
Last week, the Central European Bank launched a landmark bond buying program that runs from March this year until September next year. Today’s graphic looks at market reactions when the U.S. implemented its quantitative easing policies.
Today’s graphic tracks the number of times each topic (economy/jobs, education, taxes, energy, national security) has been mentioned in President Obama’s State of the Union addresses. Make sure to the read the full recap on the Reuters live blog and check out the best pictures from the speech.
On Tuesday, the World Bank predicted the global economy would grow 3% this year, below a forecast of 3.4% made in June. The World Bank also lowered its global growth forecast for 2015, and suggested world GDP growth will reach 3.3% in 2016, before dipping to 3.2% in 2017. Today’s graphic breaks down their GDP growth forecasts.
Japan’s economy unexpectedly slipped into recession in Q3 after the rise in the national sales tax in April, setting the stage for Prime Minister Shinzo Abe to delay an unpopular sales hike planned for next year. Today’s graphic looks at wages, spending and GDP in the months before & after the tax hike.
The European Central Banks’s comprehensive assessment found the biggest problems in Italy, Cyprus and Greece, but concluded that banks’ capital holes had since been plugged, leaving only a modest 10 billion euros to be raised. Today’s graphic looks at the 25 banks that failed the ECB’s test, designed to mark a clean start before the organization takes on supervision of the banks next month.
Cooling growth in China and an economic trouble in Europe are adding to pressure on the Bank of Japan and the government to step up policy support as the economy struggles to recover from the pain of an April sales tax hike. Today’s graphic contains seven charts on key economic indicators of the Japanese economy.
Japan suffered its biggest economic contraction since the devastating March 2011 earthquake in the April-June quarter, as a sales tax hike took a heavy toll on household spending. Today’s graphic charts seven key indicators for the Japanese economy.
U.S. employers kept up a strong pace of hiring in May, returning employment to its pre-recession level. However, the share of Americans who have jobs or are looking for one has fallen steeply, though many states have shown signs of improvement. Read everything you need to know about the May jobs report in today’s live blog.