The FY21 Budget shifted the focus from immediate support to economicrecovery, bolstering the government’s approach to jobs growth andencouraging...

The coronavirus pandemic and associated policy response has accelerated some interesting trends that had been emerging in the saving and borrowing...

The coronavirus is set to have a very large short-term negative impact on world growth. But the medium-term growth outlook is more uncertain. Much...

While we expect the eurozone economy will recover its pre-virus output level in early 2022, with a slightly faster recovery in industry, the...

Many have been comparing the COVID-19 recession with previous financial crisis, in particular the 2008 Global Financial Crisis.

Indeed, our...

The trough of the Global Coronavirus Recession bottomed out in April 2020 as all US states and metros experienced historic declines in GDP and...

The outbreak of coronavirus in Europe and the subsequent containment measures have severely affected economic activity in all major cities during...

The COVID-19 outbreak has devastated city tourism, with global city arrivals forecast to decline 58% in 2020, equivalent to the loss of 373mn...

Durable Goods – August 2020

Posted by Oren Klachkin on Sep 25, 2020

Durable goods orders rose 0.4% in August, yet the 4th successive monthly gain was much slower than the 11.7% July advance. Core orders and...

Last week, the Fed made clear that it would do its part to support the economy for the long haul, providing powerful dovish forward guidance. This...