alexoscarew's  Instablog

Send Message
My blog:
  • Will The U.S. Economy Follow Brazil's Rapid Drop In GDP Growth? 0 comments
    Dec 4, 2012 7:35 AM

    With the world economy slowing, it is possible that we could see a global recession in 2013. Gross domestic product (GDP) growth for many countries has significantly declined in the third quarter of 2012. While some countries experienced an increase in GDP growth in the first part of the year, it's quite apparent going into the third quarter that, for most nations, the estimates were far too high.

    One recent example of the economic decline that's occurring in various nations around the world is Brazil's mere 0.6% GDP growth in the third quarter, compared to a survey conducted by Bloomberg of 54 economists that had estimated a 1.2% increase in GDP growth. (Source: "Brazil GDP Growth at Half Forecasted Pace as Investment Dives," Bloomberg, November 30, 2012.)

    Two interesting points are apparent. First, the significant decline in Brazilian GDP growth increases the possibility of a global recession in 2013; and second, the country's economy has some similarities with America that we should be cognizant of.

    Read Full Article: Will The U.S. Economy Follow Brazil's Rapid Drop In GDP Growth?

Back To alexoscarew's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers


More »
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.