Economics

Consumer Spending on the Rebound

Consumer spending as a whole is set to rebound strongly post Covid19. However, the recovery is likely to be uneven with high-income households with members who could work remotely being in a better position to spend. Low-income households will likely not return to 2019 spending levels by 2024, especially US families that have lost jobs […]

Once in a Millennium

Today is February 2nd, 2020, or 02-02-2020 is a rare palindrome that occurs once in a millennium. The word palindrome comes from the Greek words “Palin,” which means “again, back” and “dromos,” meaning “running,” according to dictionary.com So palindrome is a word or phrase that runs back on itself. I don’t watch much news other […]

UK Economy Has Continued To Grow

The UK economy has continued to grow over 2017 whilst employment rates have remained high and unemployment is at its lowest rate since the 1970s. In 2017, the ONS estimated the economy expanded by about 1.8% compared with the previous year, higher than the OBR’s Autumn forecast of 1.5%, but down from a rate of […]