Economy
June 7, 2014
Written by Sandy Williams
The housing bubble in China has popped according to economists. The oversupply of housing and shortage of developer financing will slow China’s GDP growth to less than 6 percent in 2014 says a recent report by Japanese investment company Nomura.
Nomura says a “hard landing” may be in China’s future due to a 33 percent chance that GDP growth will fall below 5 percent for four consecutive quarters.
please please ,fngjnignbnb nbkjgnb lbngbngb bnfgobgfbgbhn
To kick off the official sessions of the 2023 Steel Summit, Dr. Anirban Basu, chairman and CEO of the Sage Policy Group, focused on the broader context in which steel prices are set, outlining major factors currently shaping economic outcomes in our country.
Mexico has decided to implement import tariffs on a number of products, among them, steel.
As mortgage rates continue to rise and housing demand slows, builder confidence is waning. A drop in July housing starts was the first in seven months.
Economic activity in the US manufacturing sector contracted for the ninth month in a row in July, according to the latest report on business from the Institute for Supply Management (ISM).