US GDP to Rise, Inventories Up Most in 5 Years

US GDP to Rise, Inventories Up Most in 5 Years

FLASH: US Growth Estimates Raised US wholesale inventories increased by the most in more than 5 years in December. The surge in wholesale stocks reported by the Commerce Department on Monday, however, implied inventories were less of a drag on economic growth in Q-4 than previously thought. As result, economists boosted their Q-4 GDP growth estimates by […]

The Strong US Economy Continues to Grow

The Strong US Economy Continues to Grow

The Strong US Economy is Continues to Grow The strong US economy is continuing to grow at a 2.9% annualized rate in Q-4, following the latest economic data, the Atlanta Federal Reserve’s GDPNow forecast model showed on Friday. This was unchanged from the pace for Q-4 GDP Atlanta Fed’s GDP program calculated on  2 November. The nowcast […]

Dubai’s Ruler Reveals Plan for $1.5-B Food Park

Dubai’s Ruler Reveals Plan for $1.5-B Food Park

Dubai’s Ruler Reveals Plan for $1.5-B Food Park The wholesale food hub  will be located in Dubai Wholesale City Sheikh Mohammed bin Rashid Al Maktoum, the UAE’s Vice President and Prime Minister and Dubai’s Ruler has unveiled the blueprint for the $1.5-B Dubai Food Park (DFP). Spread across over 48-M sqf within Dubai Wholesale City, the […]