The World This Week: 13th March
Consumer and Business Behaviour
Unemployment claims in the US have risen to 22 million
Since the US economy was essentially shutdown four weeks ago, the economic fallout has been tremendous and devastating. With businesses closing across all sectors of the economy, millions of people have been forced into unemployment. […]
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 […]
Economic News
Unemployment claims in the US crept above 1 million again through mid-August
According to data released by the US Labour Department, new unemployment claims for the week ending August 15th stood at just over 1.1 million people, up 135,000 from the week before. This data paints an […]