On 7 July, the European Commission revised its spring economic growth forecast to reveal a deeper than expected economic contraction ahead. The original estimate of -7.4 percent GDP growth year-on-year this summer for the EU is now -8.3 percent, attributed to a slower than expected pace for lifting COVID-19 lockdown measures.The Commission expects no EU country will record positive economic growth in 2020.While Italy, Spain, Croatia, and France are all poised for double digit contractions this summer, Portugal received the Commission's largest negative revision, dropping an additional three percentage points to -9.8 percent GDP growth YoY in 2020.
ASEAN 10 countries : Thailand, Indonesia, Malaysia, Philippines, Singapore, Vietnam, Cambodia, Laos, Brunei, MyanMar
"What is the size of the US economy?", " What do you think about the recent US job market?" -- Take a look at these key US figures before you head off for your job interview. Source: St. Louis FRED unless otherwise noted