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global economy

IPOs, SPACs, Bankruptcies and More: What’s Happening and Ahead on Fashion’s Financial Front

Moving from uncertainty to recovery, global real GDP could rise 6 percent in 2021, fueling retail sales…

Will Economy Strengthen or Sputter? What Industry Experts Are Saying

Economic experts weigh in on what lies ahead on the spending and lending fronts.

What G-7 Global Tax Plan Could Mean for Amazon Retail

Could the G-7's global tax proposal finally force Amazon to spin off its money-printing cloud division?

Global Economic Growth Set to Reach New Peak in Second Quarter: IHS Markit

After a 3.5 percent contraction in 2020, global real GDP is projected to rise 5.3 percent in 2021 and 4.3…

Here’s When Unemployment Could Reach ‘New Low’

A new IHS Markit report sees inflation ahead amid economic recoveries worldwide.

Global Manufacturing Picked Up in March—in Some Cases at Record Levels

March PMI data from IHS Markit indicated the second-strongest improvement in the health of the U.S…

Global GDP Projected to Surpass Pre-Pandemic Peak Later This Year: IHS Markit

After a 3.9 percent decline in 2020, world GDP is projected to increase 4.4 percent in 2021 and 4.1 percent…

IHS Markit Experts State Top 10 Economic Predictions for 2021

The underlying theme for 2021 is "overcoming the pandemic and charting new paths for the global economy," IHS…

Governments Hunt for Revenue as Covid Surge Continues: The Week Ahead

With economies ravaged by a global pandemic, governments are looking for every possible avenue to bring in…

US Saw Continued Economic Uptick in September, as Europe Stalled

U.S. companies signaled a solid rise in business activity during September, rounding out a solid third…

What Experts Say Will Stymie Economic Recovery

A challenging aspect of the recovery is its inequitable allocation of pain across demographic and income…

Air Cargo Demand Stabilized in July But Belly Capacity Remains an Issue

Global demand fell 13.5 percent in July compared to a year earlier, a modest improvement from the 16.6…

Why the Economic Recovery Looks More Like an L Than a V

As COVID-19 flareups continue, continued layoffs are a concern, but extended deflation could be an even…

Global Recession for Top Economies Seen Deep and Quick: IHS

Growth is expected to return in the third quarter in the U.S. and Europe, but these downturns will still be…

Global Economy Will ‘Inch Toward Normalcy’ in Two-to-Three-Year Recovery: IHS

"Even massive stimulus will only offset a small part of plunging growth," IHS Markit economists wrote.