Even though consumption growth lost momentum at the end of the third quarter, the conditions for stronger growth are falling into place ahead of the crucial holiday shopping season.

Although the midterm elections have tipped the balance of political power towards the Republicans and could kick start progress on some trade and energy policies, they don’t alter the economic...

The Fed's latest Senior Loan Officer Survey indicates that commercial banks are making it easier for households and smaller businesses to obtain credit, suggesting that the Fed's QE taper has had no...

The reported leap in third-quarter defence spending, which added 0.7 percentage points to annualised GDP growth was, as far as we can tell, largely due to a failure of the BEA’s seasonal adjustment...