Gdp

Israel's CBS revised Q2 2026 GDP growth up to 15.4% annualized, while Q1 contraction was milder at 1.5%. Growth is increasingly driven by government defense spending.

Elon Musk has become the first person in history to surpass a net worth of $1 trillion, exceeding 3.1% of US GDP and outpacing historical figures like Rockefeller.

Israel's economy increasingly relies on tech giant Nvidia, which has bolstered GDP, cut debt, and lowered the projected 2025 deficit to 4% despite wartime spending pressures.

Israel's second-quarter GDP growth for 2026 was revised down to 14.9% annualized, driven by sharp drops in exports and equipment investments.

Discount Bank chief strategist Shmuel Katsavian reports that Israel's economy grew resiliently over the Hebrew year, with the Tel Aviv 125 surging 38% and the shekel hitting record highs.

The growth data published this week highlighted Israel's dependence on the chip giant Nvidia. However, unlike the past, when Intel was the dominant company in the local industry, this time it is a new type of risk: production is carried out abroad and the products do not pass through Israel at all. And also: is the chip giant on its way to receiving state benefits?

Since the beginning of the month, the shekel has strengthened against the dollar by 3%, trading again below 3 shekels. Experts attribute this trend not to the weakness of the US dollar, but to the fundamental forces of the Israeli economy.

Psagot economists analyze the unusual growth in the second quarter of the year, explain what caused the jump in private consumption, and warn about the dramatic decision expected in the US regarding the interest rate level.

CBS data reveals that Israel's GDP growth, excluding production abroad, is only 1%. Over 90% of this offshore production is linked to Nvidia's operations.

Following growth data that surprised the economy for the better, the Ministry of Finance plans to update the debt-to-GDP ratio downwards by about 0.5%. However, the figure is still relatively high compared to the past.

After a prolonged period of stagnation, one of the continent's strongest economies is presenting exceptional growth figures that beat forecasts. What is the surprising factor that led to the radical trend shift and how are the USA connected to the story?

Japan's economy expanded by 1.1% in the second quarter, missing the 2% growth forecast. The slowdown was driven by weak private consumption, which declined for the first time in eight quarters.

The Israeli economy emerged from "Lion's Roar," the second Iran war, faster and stronger than it emerged from the first. GDP rose in the second quarter of 2026 by 3.6% compared to the previous quarter, or 15.4% in annual terms.

The Central Bureau of Statistics released national accounts data for Q2 2026, showing a 15.4% annual GDP growth as the economy rebounded from the impact of Operation 'Lion's Roar'.

US economic growth reached 1.5% in the second quarter, missing analyst expectations. Meanwhile, the Personal Consumption Expenditures (PCE) index fell by 0.1% in June, marking the first decline since 2020.