Charting of the Global Economy: Rocky Start to Year for US growth

Article content

(Bloomberg) -The US consumer expenditure weakened and the Merchandise trade deficit was expanding significantly at the beginning of the year, which indicated that it was switching down in the world's largest economy.

Article content

Article content

In India, the fastest extended large economy, economic growth around 2024 accelerated with the collection of state expenditure and strong consumption in rural areas.

Here are some of the charts that have appeared this week on Bloomberg on the latest developments in the global economy, markets and geopolitics:

Article content

US

In January, the US consumers unexpectedly withdraw the expenses for goods such as cars, while an extreme winter weather and slowing down the services, if he has himself, cause concerns about the resistance of the economy.

The US -MERCHANDISE Deficit expanded dramatically in January when imports rose from President Donald Trump's promised tariffs. The shortfall rose by 25.6% to $ 153.3 billion. Between the commercial and the consumer issuance data, the gross domestic product will decrease by 1.5% in the current quarter, compared to the growth pace for predicted growth, which is expected a few days ago, according to the recent forecast of the Federal Reserve Bank of Atlanta at Atlanta.

The Chief Executive Officer from Walmart Inc. said that American consumers show signs of stress because food prices remain stubborn. Some buyers have no more money before the end of the month and turn to smaller package sizes for consumer goods, Chief Executive Officer Doug McMillon told managers in the Economic Club of Chicago.

Europe

Donald Trump has made it clear that Europe has to defend itself and the reaction of the continent to the US threats of the withdrawal begin to take shape. In the largest security initiative in the region since the Cold War, the European Union strives to unleash hundreds of billions of euros in additional financing for defense, according to the people familiar with the discussions.

Article content

Article content

Due to the plans of the Labor Government, Great Britain will be affected by the construction projects of rising prices and serious bottlenecks. According to a report by the Boston Consulting Group, up to £ 900 ($ 1.1 trillion) will be spent on public and private infrastructure by the end of 2029 – almost three times the level of the past five years.

German households still pay 31% more for energy than before the 2022 crisis, according to a study that highlights an urgent challenge for the new government. Taxes and network fees that make up most of the price paid by consumers have also increased.

Asia

The Indian economy recovered in the last quarter and offered Prime Minister Narendra Modi, whose ambitious growth plans are under pressure due to the latest slowdown. Collection of government expenditure according to national surveys and a strong consumption of rural areas contributed to strengthening growth in the last quarter.

The number of births in Japan fell to another record that underlines the growing challenge of how the social security costs for an aging company have become a cleaning pool of tax -paid workers. The number of newborns in 2024 fell 5% from the previous year to 720,988 – the lowest balance since the beginning of these records in 1899.

Article content

Emerging market

The Chevron Corp., based in Houston, who, despite the sanctions against Nicolás Maduro's authoritarian regime in the United States in Venezuela, has contributed to increasing the raw oil production of the annation for over 1 million barrel per barrel per day. Now Donald Trump is ready to use Chevron's presence in Venezuela to get what he wants from Maduro.

World

Israel kept the interest rates for a ninth meeting in a row on the queue, whereby the central bank was waiting for a war -related inflation before a loosening cycle begins. Hungary and Gambia also stuck. South Korea and Thailand lowered prices.

– With the help of Irina Angel, Ruchi Bhatia, Eva Brendel, Crayton Harrison, Jaewon Kang, Mark Niquette, Andrea Palasciano, Anup Roy, Joe Ryan, Augusta Saraiva, Jorge Valero and Erica Yokoyama.

Article content