If sustained (admittedly a big if), the recent surge in labour force growth would mean that the US economy’s potential growth rate is arguably higher than most economists currently believe...

Thanks to a markedly weaker gain in consumption than we were previously expecting, it now appears that first-quarter GDP growth was no more than 1% annualised. Following on from the 1.4% gain in the...

The recent weakness of wage growth over the past few months is partly explained by a deterioration in the quality of jobs being created, which is also reflected in a surge in low-skilled labour force...

The revelation last week that spending in January was much weaker than initially thought, coupled with the modest increase in February, means that real consumption growth probably slowed to around 2.0...