We expect this week’s release of the preliminary estimate of GDP in the second quarter to reveal thatgrowth rebounded at an annualised rate of 3.2% after the 2.9% contraction in the first quarter...

The weakness of business investment over the past couple of years has been disconcerting, but arange of indicators point to a much stronger showing in the second quarter while, more generally, rising...

A cyclical rise in wage growth appears to be underway in some sectors of the economy and in some US States. This suggests it is only a matter of time before the decline in the national unemployment...

The acceleration in the growth rates of both bank loans and our measure of M3 inthe first half of the year suggest that the economic recovery has continued tostrengthen.