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US Economics Update Fiscal rescue to push debt burden close to WWII levels With Congress ramping up its fiscal stimulus rescue package, federal debt will rise above 100% of GDP this year, not far off the record high of 108% of GDP in the aftermath of WWII. That is not a... 28th April 2020 · 6 mins read
US Economics Weekly Q1 GDP contraction only a taste of what’s to come The plunge in activity in the second half of March, as coronavirus restrictions proliferated, means that the first-quarter GDP data – due next week – will show output contracting for the first time in... 24th April 2020 · 7 mins read
US Economics Update How bad is the fallout in the labour market? The unemployment rate will surge to more than 15% in April but, unlike in a normal economic cycle, the high proportion of people on a temporary layoff leaves us hopeful that rate will come down... 23rd April 2020 · 2 mins read
US Economics Update Temporary immigration ban highlights longer-term risk President Trump’s tweet announcing a temporary ban on immigration is most likely just a short-term tactic to fire up his base. But it is hard not to see this as the beginning of an even more nativist... 21st April 2020 · 3 mins read
