Eurozone consumer spending was poised to drive growth in 2022, but increasingly consumers' underpinnings have become shaky. While we still expect a...
US Metros Outlook | Spending profiles will continue to evolve across US metros
Posted by Aedan McCotter on Mar 1, 2022
US consumer fundamentals remain strong despite some near-term headwinds, and we expect private consumption to be a key driver of growth over the...
US | Recovery Tracker can’t shake the January chills
Posted by Oren Klachkin on Feb 3, 2022
The US Recovery Tracker dropped 2.2ppts in the week ended January 21, falling to 97.8 as Omicron and dramatic financial market volatility brought the...
Middle Eastern Cities: The long-term outlook
Posted by George Bowen on Jan 31, 2022
In 2021, there were 16 Urban Economic Powerhouses in the world (cities with GDP greater than $500bn), but none were located in the Middle East. By...
Norway | Omicron's impact on the 2022 growth outlook appears to be mild
Posted by Rory Fennessy on Jan 28, 2022
We have lowered our mainland 2022 GDP growth forecast by 0.1ppt to 4.2% to reflect the economic impact of the Omicron outbreak at the start of the...
Eurozone | Recovery Tracker gains ground after a holiday dip
Posted by Daniela Ordonez on Jan 25, 2022
Our eurozone Recovery Tracker rose 1.4pts to 80.3 in the two weeks ending January 9. We view the reading with a bit of caution, as it may reflect a...
Global | Key Themes for Cities in 2022
Posted by Richard Holt on Jan 24, 2022
Against a helpful macroeconomic background, albeit with risks, city economies will continue to recover in 2022. GDP growth will mostly be slower than...
Eurozone | Recovery Tracker slows down further over Christmas
Posted by Tomas Dvorak on Jan 12, 2022
Our eurozone Recovery Tracker saw further deterioration over the Christmas period, falling 1.5pts to 79.1 in the three weeks ended December 26....
United Kingdom | Omicron impact should be fleeting
Posted by Andrew Goodwin on Jan 11, 2022
The hit to UK GDP from Omicron is likely to be much smaller than previous Covid waves and the economy will bounce back quickly after a 0.6% m/m drop...
United Kingdom | Positive signs in Q4 look to have proved short-lived
Posted by Andrew Goodwin on Jan 7, 2022
That movements in consumer credit and households’ savings in Novemberreturned to levels more akin to pre-Covid norms offered further indication that...