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Global Growth in Services Trade Surpasses Goods Trade Post-2010
From 1980 to 2011, global services trade grew at an annual growth rate (CAGR) of 7.9%, slightly outpacing the 7.3% growth in goods trade....
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Jan 41 min read
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Apple’s Revenue Hits $391 Billion, Net Income $94 Billion in Year Ending Q3 2024
For the year ending in Q3 2024, Apple’s revenue reached $391.0 billion, marking a 2.0% year-over-year increase, while net income declined...
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Jan 41 min read
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Microsoft's Three Trillion Dollar Journey
Since its modest beginnings with a market capitalization of $330 million in January 1990, Microsoft has evolved into a tech titan,...
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Jan 41 min read
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Microsoft's Revenue Reaches $254 Billion, Net Income Hits $91 Billion in LTM Q3 2024
·     2024 Performance: By the end of Q3 2024, Microsoft reported strong financial growth, with net revenue at $192.2 billion and net...
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Jan 41 min read
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U.S. and China: Economic Interdependence through Trade
Trade between the U.S. and China has declined relative to each country's GDP. U.S. trade with China fell from 3.2% of GDP in 2018 to 2.2%...
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Jan 41 min read
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U.S. Tech Employment Stalls: Over Two Years Without Job Growth since Q3 2022
Combined employment in the tech sector—including semiconductor manufacturing, software publishing, web search portals, information...
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Jan 41 min read
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Diverging Trends: U.S. Tech Software Job Growth vs. Tech Hardware Decline
Employment in the U.S. tech software sector—including software publishing, media streaming, social networks, computing infrastructure,...
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Jan 41 min read
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U.S. vs. European Stock Market Capitalization: Historic 3:1 Ratio Reached in Q3 2024
The ratio of U.S. to European stock market capitalization, which was around 2:1 in the early 2000s, declined to approximately 1.5:1 by...
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Jan 41 min read
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Semiconductors Surpass Oil in Importance for China’s Imports
Generally, China’s Imports of Integrated Circuits and Semiconductors Exceed Those of Crude Oil. In 2023, Imports of Integrated Circuits...
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Jan 41 min read
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U.S. Share of GDP (PPP) Rises Among Advanced Economies, Declines Globally
According to IMF data, the U.S. share of GDP (PPP) among advanced economies increased from 35% in the mid-1980s to 38% in 2024. In...
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Jan 41 min read
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