The World This Week: 13th March
Economic News
U.S. Economy on Track for Contraction as Spending and Exports Decline
Early 2025 economic data suggests the U.S. economy may be slowing down faster than expected. The Federal Reserve Bank of Atlanta’s GDPNow model has slashed its first-quarter growth forecast from +2.3% to -1.5%, signaling a […]
Consumer and Business Behaviour
China’s Economic Recovery Boosts Sales for U.S. Companies
China’s economy is recovering from a slowdown caused by the COVID-19 pandemic, and this is good news for U.S. companies that do business in China. Starbucks, Yum Brands, MGM Resorts, and Tapestry are just a […]
Aggregate Demand and Supply
US Congress passes $900 billion Covid-19 relief bill – so where’s all that cash going?
After months of intense negotiations, the American government looks finally set to inject billions of dollars into the US economy. The so-called “Covid-19 relief bill” should do exactly what it says on the tin: providing […]