") Alcoa set the tone for the second-quarter growth theme on Monday when it cited strong end-markets for its second-quarter growth. (See "Alcoa Mines Better Demand To Beat Street.
But then the revised first-quarter numbers were 0.4% growth and the second-quarter GDP growth was 1%.
This week we will learn that second-quarter growth was higher than almost everyone expected.
Honda recorded the second-largest growth in the month, with a 62% rise to 30, 561 vehicles.
Economists estimated that this new data could trim nearly half a percentage point off second-quarter growth.
For sure, the second-quarter growth is still too little to see large expansions or expenditures.
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Of economists surveyed by Blue Chip Economic Indicators, 89% say worries about the fiscal cliff will hurt second-half growth.
Retail sales increased by 5.3% in the year to the third quarter, the second-fastest growth in our table after America's 8.3% increase.
And after a rare decline in nominal GDP--real GDP plus inflation--during the fourth and first quarters, we expect second-quarter growth rates to turn positive.
Outside of China and India (which this week reported 8.8% second-quarter growth compared with a year earlier), developing Asia remains heavily dependent on external demand.
Fueled in part by the growing tourism industry, the nation's GDP swelled by 7.1 percent in the third quarter of last year, Asia's second-fastest growth rate, bested only by China.
Taken together with new inventory and construction data, this means that the second-quarter growth figure may turn out to have been just 1.2%, rather than the first estimate of 2.4%.
The Commerce Department upped its estimate on second-quarter growth to 1.3% in its third reading on GDP, from 1% a month ago. while the Labor Department said initial jobless claims dropped to 391, 000 last week.
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Some economists reckon the Asia-inspired trade drag will subtract up to 2.5 percentage points from second-quarter growth and will be in evidence well beyond that, as it usually takes six to nine months for trade flows to respond fully to economic changes.
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Chemical maker DuPont was the Dow's biggest loser, as it said that second-quarter profit growth was flat.
In fact, during the year of the second-highest money growth of the decade (2009), the CPI actually fell!
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Much of Germany's second-quarter GDP growth came from trade, even as a wider trade gap sapped America's economy.
The first estimate of second-quarter GDP growth will be published this morning.
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The euro was buffeted by an unseen standstill in second-quarter French growth and a fifth-straight contraction in the Greek economy.
Cisco estimates its second-quarter revenue growth will be between 3% and 5%, which would really disappoint the analyst consensus of 13%.
In Zimbabwe, the world's second-hardest-hit country, growth has fallen to 1.4% from the 2.4% it would have been without this new, gruesome adjunct to the reaper's scythe.
With little news coming out overnight, investors were left looking ahead to Europe, where euro-zone second-quarter flash growth data are scheduled to be released later in the global day, and to the U.S., where retail sales figures will be examined to assess the health of the world's largest economy.
Stocks put together a strong rally Friday, as investors pounced on word of lackluster second-quarter economic growth as a sign that the U.S. Federal Reserve was unlikely to raise rates at its Aug. 8 meeting, which would mark the first time in more than two years that it did not tighten monetary policy.
While that continues, low-cost PC cameras will become increasingly attractive to consumers, spurring growth of second- and third-tier vendors which are expected to challenge market leaders Logitech and Intel, IDC is forecasting.
We expect 5.7% growth in the revised first quarter, followed by 3%-3.5% in the second quarter, the strongest two-quarter growth since 2003.
The premium ratios are warranted, given its solid second-quarter results and huge growth prospects.
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Where some other investors only see decline and decelerating growth, second-generation money manager Thompson, 35, sees a pack of angels who have only stumbled.
With second-quarter Gross Domestic Product growth preliminarily reported at an uninspiring 2.4%, it looks unlikely that share prices will surge on the back of an economic boom.
Even this matters: with the economy currently close to zero growth (second-quarter GDP figures will be released on July 25th) tiny changes make a big difference to headlines and political fortunes.
Sageworks, a financial information company, recently conducted an analysis of financial statements from privately held wholesalers of machinery and equipment and found the industry is experiencing its second year of double-digit growth in sales.
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