The Guardian (March 13)
“The early signals show that the UK is on track to emerge from a minor recession within months, powered by a recovery in consumer spending amid resilient pay growth and receding inflation. But that isn’t to say the economy is racing ahead, or that a renaissance in living standards awaits…. The broader picture is still one of relative stagnation.”
Tags: Consumer spending, Economy, Emerge, Pay growth, Receding inflation, Recession, Recovery, Resilient, Signals, Stagnation, UK
Financial Times (January 9)
“Unemployment in the eurozone fell back to a record low of 6.4 per cent in November, defying recent economic gloom after the number of jobless people fell almost 100,000 from a month earlier.” With the job market “proving more resilient than expected,” the ECB may worry more “about the timing of a potential cut in interest rates” as “rapid wage growth could keep price pressures elevated.”
Tags: 4%, Cut, ECB, Economic gloom, eurozone, Interest rates, Jobless, Market, November, Record, Resilient, Timing, Unemployment, Wage growth
Bloomberg (January 17)
“Trade between the US and China is on track to break records, a signal of resilient links between the world’s top economies amid the heated national security rhetoric in Washington and fears of ‘decoupling.’” Data for the first 11 months of implies “imports and exports in 2022 will add up to an all-time high, or at least come very close, when the final report comes out Feb. 7.”
Tags: 2022, China, Decoupling, Exports, Fears, Heated, Imports, National security, Resilient, Rhetoric, Top economies, Trade, U.S.
Chicago Tribune (June 2)
“What do you say to a city whose residents, livelihoods and sense of security have been pummeled by the coronavirus pandemic and then civil unrest and mass looting? You say that Chicago is up to the challenge and must move forward. You say: Reopen and rebuild…. This resilient city will recover again.”
Tags: Chicago, Civil unrest, Coronavirus, Livelihoods, Mass looting, Pandemic, Pummeled, Rebuild, Recover, Reopen, Residents, Resilient, Security
Wall Street Journal (April 27)
“With the comeback in financial markets this year, we probably should have seen it coming. But the headline rebound in first quarter growth to 3.2% reported Friday is still a pleasant surprise that shows again that the U.S. economy is remarkably resilient when government doesn’t get in the way.”
Tags: Comeback, Economy, Financial markets, Government, Q1, Rebound, Resilient, U.S.
