U.S. GDP vs. Global GDP

U.S. GDP vs. Global GDP The chart suggests that global growth has led U.S. growth this business cycle. And it also shows the high correlation between U.S. GDP and Global GDP. Picture source: Cantor Fitzgerald

China as a Percent of Global GDP

China as a Percent of Global GDP China is the world’s second largest economy, contributing 15.86% to global GDP in 2018. The United States remains the world’s largest economy, contributing 23.9% to global GDP. Picture source: Bloomberg, Michael McDonough

Global Composite PMI Leads Global GDP

Global Composite PMI Leads Global GDP Growth Chart suggesting that the global composite PMI leads global GDP growth by 2 months. Picture source: Oxford Economics

Global PMI vs. Global GDP

Global PMI vs. Global GDP The chart shows the strong correlation between global PMI and global GDP. Global PMI slides to lowest since 2016 and global GDP may have difficulty growing at a rate above 2% in the near future. Picture source: IHS Markit