Publications

Economies: United States The Atlanta Fed’s GDPNow model estimates a 39.5% contraction in the second quarter although recent economic reports suggest a recovery is underway.  Retail sales jumped a record 17.7 per...

Economies: United States The number of new jobless claims since the start of the pandemic passed 40 million in the last week of May, although continuing claims, which represents the current number...

Economies: United States Jobless claims increased by another 3.8 million in the week ending 25 April, bringing the total to more than 30 million since the start of the lockdown.  The staggering...

Economies: United States US jobless claims surged to a record 3.3 million in the week ending 21 March as residents in many of the country’s most populous states were ordered to stay...

Economies: United States The US economy added 225,000 jobs in January, according to the non-farm payrolls report, well ahead of analysts’ forecasts.  The unemployment rate nudged higher to 3.6% as the participation...

Economies: United States The US economy grew at an annualised rate of 2.1% in the fourth quarter.  For 2019 as a whole, the economy expanded 2.3%, down from 2.8% a year earlier...

Economies: United States More than 260,000 jobs were added in November according to the non-farm payrolls report and the unemployment rate fell back down to a 50-year low of 3.5%. Manufacturing jobs...

Economies:   United States The US economy added 128,000 jobs in October according to the non-farm payrolls report.  The annual increase in average hourly earnings held steady at 3.0% but the unemployment rate...

Economies:   United States The US unemployment rate fell to a 50-year low of 3.5% in September after 136,000 net jobs were added according to the non-farm payrolls report. Although the manufacturing and...