This release captures the first direct effects of the coronavirus (COVID-19) pandemic, and the government measures taken to reduce transmission of the virus. November 6, 2020. The GDP in the second quarter of 2020 was down a price-adjusted 11.7% (also calendar-adjusted) on a year earlier. More information. This was the largest decline since the beginning of quarterly GDP calculations for Germany in 1970. Singapore’s GDP Contracted by 12.6 Per Cent in the Second Quarter of 2020 14 July 2020. Especially in times of crisis such as the current corona pandemic, early and fact-based economic data are in high demand by users from politics, businesses, the society, the scientific community and the media. In addition to calculating first data for the second quarter of 2020, the Federal Statistical Office reviewed the results published earlier and included new statistical information in the calculations (as from 2015), as usual. 5. Again, such large decreases had not been observed even during the financial market and economic crisis of 2008/2009. Nominal gross domestic product (GDP) fell by a record 15.4% in Quarter 2 (Apr to June) 2020, following a fall of 1.2% in the previous quarter. Argentina's real gross domestic product (GDP) has continuously decreased since the second quarter of 2019. Cookies on this website are used exclusively to serve the technical provision and optimisation of the website. The “second” estimate for the second quarter, based on more complete data, will be released on August 27, 2020. The earlier availability the results requires a higher degree of estimates in the results than was the case after 45 days. quarter seasonally-adjusted basis, the sectors in the group grew by 4.5 per cent, slower than the 11.7 per cent growth recorded in the third quarter. Therefore, time series data of quarterly GDP are comparable since the first quarter of 1992. Statista. Release date November 2020. The detailed figures for the second quarter of 2020 will be released on 25 August 2020. The Crisis Monitor complements the "Corona statistics" webpage, which has provided statistical information on the economic and social consequences of the corona pandemic since early April. In the 2 nd quarter of 2020, compared to the 2 nd quarter of 2019, GDP decreased by 8.9 % (according to seasonally and calendar non-adjusted data). The revised figures on GDP and more detailed statistics for the second quarter of 2020, as well as the revised GDP forecast for 2020 will be released on August 14, 2020. The negative GDP growth rate is mainly attributed to the following sectors: Hotels and Restaura Quarterly GDP Data Release . As it will take a considerable amount of time, and as the department has already started collecting the information needed to compile those estimates for the third quarter of 2020, it was decided to publish the GDP estimates for both the quarters together on the date of releasing the GDP estimates for the third quarter of 2020… ET the same day. --GameStop Corp., today announced that it will report second quarter fiscal 2020 earnings results after the market closes on Wednesday, September 9, 2020. Crisis Monitor enables comparison between corona crisis and financial/economic crisis. MTI will release the preliminary GDP estimates for the fourth quarter and the whole of 2020, including performance by sectors, sources of growth, inflation, To … It was much larger than during the financial market and economic crisis (-4.7% in first quarter of 2009). Generated positive cash flow during the second quarter and increased year-to-date net cash provided by operating activities by $51 million and increased Free Cash Flow by $79 million, compared to the first half of 2019. unadjusted figures: change on previous year's quarter. A long time series with quarterly results on the gross domestic product starting with the first quarter of 1970 is available here. Personal Income by State, 2nd Quarter 2021 and Year 2020 : September 23 : 08:30 AM : U.S. International Investment Position, 2nd Quarter 2021 : September 28 : 08:30 AM : Gross Domestic Product, (Third Estimate), GDP by Industry, and Corporate Profits (Revised), 2nd Quarter 2021 : September 30 Region ... (COVID-19) epidemic on Romanian counties in the 2nd quarter of 2020, by change in GDP." TORONTO , July 9, 2020 /CNW/ - GMP Capital Inc. (GMP) intends to release its second quarter 2020 financial results on Friday, July 31, 2020 , at approximately 6:00 a.m. (EST) . Impact of corona pandemic leads to historic decrease, Gross domestic product (GDP), 2nd quarter of 2020 The GDP growth rate in real terms during the second quarter of 2020 is negative and it is estimated at -11.9% over the corresponding quarter of 2019, according to the Statistical Service. This resulted in changes of up to 0.4 percentage points of the gross domestic product data published so far. Detailed data on the recalculations are shown in the table “Comparison between old and new figures” at the end of this press release. After the national economic censuses have been carried out, or the calculation methods and classification criteria have been changed, historical quarterly GDP data have been revised. -10.1% on the previous quarter (price-, seasonally and calendar-adjusted) The GDP estimate released today is based on source data that are incomplete or subject to further revision by the source agency (see “Source Data for the Advance Estimate” on page 2). Source: OECD Quarterly National Accounts, Accessed 4 July 2020. Secure .gov websites use HTTPS A lock ( ) or https:// means you’ve safely connected to the .gov website. The Federal Statistical Office will continue to release detailed results after about 55 days. Massive slump in gross domestic product also on the same quarter of the previous year. The date published in the release calendar of Eurostat corresponds to the date the data are … The Federal Statistical Office will continue to release detailed results after about 55 days. MGM Growth Properties Announces Second Quarter 2020 Earnings Release Date Published. More information on the quality of the GDP flash estimate and on why the Federal Statistical Office starts publishing it just now during the coronavirus pandemic is given in our podcast (podcast only in German, transcript (shortened version) in English). PITTSBURGH (JULY 1, 2020) — Wabtec Corporation (NYSE: WAB) announced it will report second quarter 2020 results before the U.S. financial markets open on July 28, 2020. 5.1 Release Date § Growth rate compared to the same quarter of previous year, seasonally adjusted. The Company will conduct a conference call to discuss those results with analysts and investors at 8:30 a.m. Revision of previous results This negative growth originated mainly from the contraction in the Non-Oil Sector by 8.2%, and … Year-on-year and quarter-on-quarter change of GDP adjusted for seasonal and calendar effects Detailed information can be found in our data privacy statement: Privacy Policy. The German economy slumped also in a year-on-year comparison. Methodological notes The industries that contributed the least to the GDP were Construction, -39.8 percent growth; Real estate and ownership of dwellings, -22.5 percent … Unprecedented fall in OECD GDP by 9.8% in Q2 2020 . Gross Domestic Product, 2nd Quarter 2020 (Advance Estimate) July 30: 08:30 AM: Personal Income and Outlays, June 2020: July 31: 08:30 AM: U.S. International Trade in Goods and Services, June 2020: August 5: 08:30 AM: Activities of U.S. 8:50AM (JST) Jan.-Mar. Starting with the second quarter of 2020, the Federal Statistical Office releases the GDP for the first time 30 days after the end of a quarter, that is, about two weeks earlier than in the past. Multinational Enterprises, 2018: August 21: 08:30 AM: Gross Domestic Product, 2nd Quarter 2020 … The greater uncertainties caused by the coronavirus pandemic may lead to larger revisions than usual. Multinational Enterprises, 2019, Personal Income by County and Metropolitan Area, 2020, Gross Domestic Product, 3rd Quarter 2021 (Second Estimate); Corporate Profits, 3rd Quarter 2021 (Preliminary Estimate), Personal Income and Outlays, October 2021, U.S. International Trade in Goods and Services, October 2021, Gross Domestic Product by County and Metropolitan Area, 2020, Real Personal Consumption Expenditures by State and Real Personal Income by State and Metropolitan Area, 2020, Personal Income by State, 3rd Quarter 2021, U.S. International Transactions, 3rd Quarter 2021, Gross Domestic Product, (Third Estimate), GDP by Industry, and Corporate Profits (Revised), 3rd Quarter 2021, Personal Income and Outlays, November 2021, Gross Domestic Product by State, 3rd Quarter 2021, U.S. International Investment Position, 3rd Quarter 2021. Release Date: 10 November 2020 The GDP recorded a growth rate of -11.5 percent in the third quarter, compared to the previous quarter’s growth rate of -16.9 percent. Gross Domestic Product Second Quarter 2020 Saudi economy contracts by 7.0% in the second quarter of 2020 Gross Domestic Product (GDP) of Saudi Arabia contracted by 7.0% in real terms in the second quarter of 2020. Real gross domestic product (GDP) decreased in all 50 states and the District of Columbia in the second quarter of 2020, as real GDP for the nation decreased at an annual rate of 31.4 percent, according to statistics released today by the U.S. Bureau of Economic Analysis. Release of Gross Domestic Product (GDP) estimates for the Second Quarter 2020 The second quarter of 2020 (April 1st to June 30th) is the quarter in which the country was completely or partially lockdown for nearly two months due to the spread of the Covid-19 pandemic in Sri Lanka. Unprecedented falls in GDP in most G20 economies in second quarter of 2020 . More information Gustav-Stresemann-Ring 11 Phone:  Taxes less subsidies fell by 83.7% in Quarter 2 2020, reflecting a decline in tax revenue and an increase in subsidies. The earlier availability the results requires a higher degree of estimates in the results than was the case after 45 days. In the first half of the year GDP has reduced by 5.4 %. the first quarter of 1970 is available here. The Federal Statistical Office (Destatis) also reports that in the second quarter of 2020 a massive slump was recorded for exports and imports of goods and services as well as for household final consumption expenditure and capital formation in machinery and equipment. Reduced net debt by $125 million over last 12 months to end the quarter with a Debt Leverage Ratio … Release dates and the locations commemorated on the 2020-dated quarters are: Feb. 3, 2020 – National Park of American Samoa in American Samoa. Jul 17, 2020 9:15AM EDT. The detailed figures for the second quarter of 2020 will be released on 25 August 2020. Download the entire news release (PDF 120KB) 14 Sept. 2020 - COVID-19 containment measures weighed heavily on economic activity in the second quarter of 2020, with unprecedented falls in real gross domestic product (GDP) in most … Download the entire news release (PDF 120KB) 26/08/2020 - Following the introduction of COVID-19 containment measures across the world since March 2020, real gross domestic product (GDP) in the OECD area showed an unprecedented fall, by (minus) 9.8%, in the second quarter of 2020… 2021 (The Second Preliminary) Tuesday, … General government, however, raised its final consumption expenditure during the crisis. The News Release web page: https://www.czso.cz/csu/czso/quarterly-national-accounts-gdp-resources-and-uses-and-gdp-preliminary-estimate Next Release will be published on: 30 October 2020 (GDP preliminary estimate for … Buenos Aires, Argentina, Oct 6, 2020 - Centaurus Energy Inc. … -11.7% on the same quarter a year earlier (price-adjusted) The year-over-year decline in China’s GDP experienced as a result of the pandemic (comparing growth in 2008:Q1 to 2009:Q1) is more than twice as large of that during the GFC (comparing growth in 2019:Q1 to 2020… An official website of the United States government, 4600 Silver Hill Road • Suitland, MD 20746, Gross Domestic Product, 4th Quarter and Year 2020 (Advance Estimate), Personal Income and Outlays, December 2020, U.S. International Trade in Goods and Services, December 2020, Gross Domestic Product, 4th Quarter and Year 2020 (Second Estimate), Personal Income and Outlays, January 2021, U.S. International Trade in Goods and Services, January 2021, U.S. International Transactions, 4th Quarter and Year 2020, Personal Income by State, 4th Quarter and Year 2020 (Preliminary), Gross Domestic Product, (Third Estimate), GDP by Industry, and Corporate Profits, 4th Quarter and Year 2020, Personal Income and Outlays, February 2021, Gross Domestic Product by State, 4th Quarter and Year 2020 (Preliminary), U.S. International Investment Position, 4th Quarter and Year 2020, U.S. International Trade in Goods and Services, February 2021, Gross Domestic Product, 1st Quarter 2021 (Advance Estimate), U.S. International Trade in Goods and Services, March 2021, Gross Domestic Product, 1st Quarter 2021 (Second Estimate); Corporate Profits, 1st Quarter 2021 (Preliminary Estimate), U.S. International Trade in Goods and Services, April 2021, U.S. International Trade in Goods and Services, Annual Update, Personal Income by State, 1st Quarter 2021, U.S. International Transactions, 1st Quarter 2021 and Annual Update, Gross Domestic Product, (Third Estimate), GDP by Industry, and Corporate Profits (Revised), 1st Quarter 2021, Gross Domestic Product by State, 1st Quarter 2021, U.S. International Investment Position, 1st Quarter 2021 and Annual Update, New Foreign Direct Investment in the United States, 2020, U.S. International Trade in Goods and Services, May 2021, Direct Investment by Country and Industry, 2020, Gross Domestic Product, 2nd Quarter 2021 (Advance Estimate), U.S. International Trade in Goods and Services, June 2021, Activities of U.S. Affiliates of Foreign Multinational Enterprises, 2019, Gross Domestic Product, 2nd Quarter 2021 (Second Estimate); Corporate Profits, 2nd Quarter 2021 (Preliminary Estimate), U.S. International Trade in Goods and Services, July 2021, U.S. International Transactions, 2nd Quarter 2021, Personal Income by State, 2nd Quarter 2021 and Year 2020, U.S. International Investment Position, 2nd Quarter 2021, Gross Domestic Product, (Third Estimate), GDP by Industry, and Corporate Profits (Revised), 2nd Quarter 2021, Gross Domestic Product by State, 2nd Quarter 2021 and Annual Update, 2020, U.S. International Trade in Goods and Services, August 2021, Personal Consumption Expenditures by State, 2020, Gross Domestic Product, 3rd Quarter 2021 (Advance Estimate), Personal Income and Outlays, September 2021, U.S. International Trade in Goods and Services, September 2021, Activities of U.S.  Statistisches Bundesamt (Destatis) | 2021, Usage data on this website are processed only to the extent necessary and only for specific purposes. The percent change in real GDP in the second quarter … No later than the later day of the following two: (a) the day 10 working days after the release of Preliminary Report on Indices of Industrial Production for March 2021 and (b) the day 10 working days after the release of Export (Detailed) of Trade Statistics for March 2021. Chart. 65189 Wiesbaden, ©  -11.7% on the same quarter a year earlier (price- and calendar-adjusted). Share sensitive information only on official, secure websites.. When compared with the same quarter a year ago, UK GDP decreased by 1.6% in Quarter 1 2020; the biggest fall since Quarter 4 2009, when it also fell by 1.6%. +49 (0) 611/75 26 26, Statistisches Bundesamt GDP changes in the 2 nd quarter of 2020 by kind of economic activity. 1: Seasonally and calendar-adjusted figures: change on previous quarter; Further information The year-on-year percentage changes of GDP and selected major expenditure components in real terms from the second quarter of … The gross domestic product is also part of the "Crisis Monitor" (www.destatis.de/krisenmonitor), in which the Federal Statistical Office compares the development of major short-term indicators in the corona crisis and the financial and economic crisis of 2008/2009. ANNOUNCES RELEASE DATE FOR ITS SECOND QUARTER 2020 RESULTS AND CONFERENCE CALL Second Quarter 2020 Results Will be Release After Market on Thursday, Oct 8, 2020, Followed by a Conference Call on Friday, Oct 9, 2020 at 8:00 a.m. MDT. 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