Labour market statistics were released today, and they showed another record high employment rate (74%).
Chart of the Week: Week 2, 2016: UK Household Debt
Aviva’s latest Family Finances Report contains the worrying statistic that average household debt is now at its highest point since they started tracking it in 2011, although it is not yet quite as high as a proportion of net household income as it was in Summer 2013.
Chart of the Week: Week 1, 2016: Global Stock Markets
While we’ve been away over the Christmas break, global stock markets suffered another shock, which once again originated in China.
Chart of the Week: Week 51, 2015: Christmas Retail Spending
Every year, retail sales spike in December in the UK as people spend money on presents and preparations for Christmas celebrations.
Chart of the Week: Week 50, 2015: US Federal Funds Rate
The board of the US Federal Reserve meets today, and it is widely expected that they will announce a small increase in their target rate, taking it away from the rock-bottom range of 0 – 0.25% for the first time since late 2008.
Chart of the Week: Week 49, 2015: UK Economic Forecasts
Last week, the Economic Research Council hosted our fifth annual economic forecasting event, the “Clash of the Titans”, where we invited three economic experts to give their forecasts for 2016.