Data discoveries of the week, presented in charts. We look at data on India’s forex reserves, GTA 5 revenue, value of gold during economic turmoil and will the US see a recession in 2024, US unemployment data and more.
- India’s GST revenue collection growth. ?
During the April-December 2023 period, gross GST collection witnessed a robust 12% y-o-y growth, reaching ₹14.97 lakh crore, as against ₹13.40 lakh crore collected in the same period of the previous year (April-December 2022).
1/2#ChartOfTheDay pic.twitter.com/oWI3fq9mRL— Kuvera (@Kuvera_In) January 3, 2024
2. In October, major ports and railways saw their highest y-o-y growth in over a year largely driven by the pre-Diwali surge in supply chains. ?
The cargo throughput of the major ports expanded 14% YoY in October due to the festive season. Here is the growth of freight this year. ?#ChartOfTheDay pic.twitter.com/DCJOkePHCc
— Kuvera (@Kuvera_In) January 2, 2024
3. State-wise GST revenue collection in India.
2/2 pic.twitter.com/5DWos62P82
— Kuvera (@Kuvera_In) January 3, 2024
4. India has the largest percentage share of GDP by family-run businesses.
The Influence of Family-Owned Businesses, by Share of GDP ?️https://t.co/SBkSoVHmXz pic.twitter.com/F5mk7KSwds
— Visual Capitalist (@VisualCap) January 5, 2024
5. The US is India’s largest trading partner but who is the largest trading partner for the US?
U.S. Trade: Visualizing Share of Imports for Select Countries (1989-2023) ?https://t.co/0KcGX8br1t pic.twitter.com/m917aogwV8
— Visual Capitalist (@VisualCap) January 4, 2024
6. Saving money is the top resolution for Americans.
What are your resolutions for 2024?
? https://t.co/m4QtWJmKGd #Resolutions2024 #infographics #HappyNewYear pic.twitter.com/8sZu8A7GhQ
— Statista (@StatistaCharts) January 2, 2024
7. In 2015, 302,700 women in the world died as a result of pregnancy or childbirth. The following shows the decline in maternal mortality over the decades.
There are few things more tragic than a mother losing her life in the moment that she is giving life to her newborn.
The risk of a woman dying in childbirth has declined significantly across the world.
Yet this progress has been unequal.
Read more: https://t.co/6NxZPXpk8h pic.twitter.com/u32RApVVjZ
— Our World in Data (@OurWorldInData) October 27, 2023
8. Country-wise unemployment rates in 2022.
??Djibouti has the highest youth unemployment rate as of 2022, with almost 80% of 15-24s without work.
What is the unemployment rate in your country?#unemployment #data #dataviz #datavisualisation #datavisualization pic.twitter.com/CO531Czba5
— Genuine Impact (@genuine_impact) December 9, 2023
9. Countries with the largest forest area in the world.??
Where are all the forests?
??Russia alone holds 20% of global forested areas, with ??Brazil, ??Canada, the ??USA and ??China making up the rest of the top 5.
The top 10 countries hold over half (66%) of the world’s forests.?#forest #russia #data #dataviz #datavisualisation pic.twitter.com/tLROFV8PEv— Genuine Impact (@genuine_impact) November 10, 2023
10. 49.3% of all the basket goods used to measure retail inflation are now within RBI’s tolerance limit.
Retail inflation in November was the fastest in three months, but there's a catch.
About half of #CPI basket items, with a combined weight of 55.6%, are now within the #RBI's inflation tolerance range of 2-6%, indicating moderation.Read here: https://t.co/xdi6Wgv3qE pic.twitter.com/JchdCY92Jb
— Manjul Paul (@ManjulPaul) December 15, 2023
11. From 2010 to 2019 global poverty fell by 40%, however, this progress has been halted since 2019 with the onslaught of COVID and following turmoils.
India’s economy is on fire, with the Business Confidence Index showing high confidence in December. The Market Growth Index indicates growth across a wide spectrum of sectors, and the Jobs Index shows rising recruitment. #BCI #IndiaEconomy https://t.co/GSzxH7xPk6
— World Economics (@WorldEconomics) December 29, 2023
12. Tur (Arhar) is the most consumed among all dals by Indian households.
#ICYMI | As the Indian govt. launches the "Tur Dal" portal, here's our analysis looking at the prices of India's favourite dal. #foodprices #Tur #Arhar #Pulses
Read: https://t.co/awm7iiaFo3 pic.twitter.com/Aszof0du3O
— Centre for Economic Data and Analysis (@CedaAshoka) January 5, 2024
13. BYD, short for “Build Your Dreams”, sells around 90 percent of its vehicles on the domestic market.
The electric car manufacturer BYD sold more than 500,000 battery electric vehicles (BEV) worldwide in the fourth quarter of 2023 – elevating the Chinese company above the deliveries of its U.S. competitor Tesla for the first time. pic.twitter.com/8l6YuqabIV
— Statista (@StatistaCharts) January 4, 2024
14. ETFs Record Monthly Inflow.
ETFs drew a **record** $135 billion of inflows in December, according to @StateStreetGA pic.twitter.com/JdToibxX6l
— Gunjan Banerji (@GunjanJS) January 3, 2024
15. Uranium powers commercial nuclear reactors for electricity and produces isotopes for global medical, industrial, and defense uses. A big uranium shortage might be coming.
Household debt outstanding as a share of US GDP is down over the past decade pic.twitter.com/zrJNkvzhBr
— Mike Zaccardi, CFA, CMT ? (@MikeZaccardi) January 3, 2024
16. Fed Signals Three Rate Cuts in 2024..??
The Fed anticipates multiple rate cuts in 2024
Remember, rate cuts has historically been bearish for stocks pic.twitter.com/CJsKYfuGi9
— Game of Trades (@GameofTrades_) January 4, 2024
17. Manheim’s July preliminary used-car price index is now at its lowest level since August 2021.?
Used Car prices in the US are at their lowest levels in 30 months, down 11% from the peak in July 2022. pic.twitter.com/MwxweyyYDf
— Charlie Bilello (@charliebilello) January 3, 2024
18. The ‘Magnificent 7’ stocks are on the verge of surpassing a record $12 trillion market cap, accounting for over 30% of the S&P 500 and exceeding the GDP of every country except China and the US.
How big have the Magnificent 7 become?
The market cap of the Magnificent 7 is now the same size as the combined market cap of the stock markets in Japan, Canada, and the UK.
Soon, the market cap of the Magnificent 7 will cross a record $12 trillion.
This means that these 7… pic.twitter.com/R1M6bfpy1n
— The Kobeissi Letter (@KobeissiLetter) January 3, 2024
19. Total US debt hits $34 trillion for the first time in history, putting US debt up 100% since 2014.
BREAKING: Total US debt hits $34 trillion for the first time in history, putting US debt up 100% since 2014.
Since the debt ceiling "crisis" ended in June 2023, total US debt is up nearly $3 trillion.
This debt balance is more than the value of the economies of China, Germany,… pic.twitter.com/SQaL7wwzVb
— The Kobeissi Letter (@KobeissiLetter) January 2, 2024
20. Yearly returns for the S&P 500 since 1874. ?
Visualizing 150 Years of S&P 500 Returns ?
This visual is part of our 2024 Global Forecast Series with insights curated from 500+ expert predictions ? #GFS2024https://t.co/HKHhNQ6cDB pic.twitter.com/xjZZ2mdSDp
— Visual Capitalist (@VisualCap) January 4, 2024
21. About $78.6 billion flowed into US money-market funds in the week through Jan 3rd.
Money-market fund assets rise to fresh record $5.965tn. pic.twitter.com/bQKbeoibAA
— Holger Zschaepitz (@Schuldensuehner) January 4, 2024
22. Wall Street’s biggest banks move away from China.
Citi, JPMorgan, BofA and Morgan Stanley have collectively reduced their exposure to China by about a fourth since 2020: @markets pic.twitter.com/nqnylE6zLY
— Lisa Abramowicz (@lisaabramowicz1) January 4, 2024
23. The drastic difference between China and the US stock market performance.?
Chinese stocks are trading near all-time lows relative to GDP, while US stocks are trading near all-time highs relative to GDP.
Perhaps for good reason… but that's a massive spread. pic.twitter.com/nqH82nnGhb
— Swordfishvegetable (@Swordfishv44183) January 4, 2024
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