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American economic resilience is not as strong as we think

Economic resilience is an enduring problem in America.The U.S. economy is still suffering from the aftermath of the 2008 financial crisis, which left Americans vulnerable to the whims of Wall Street and a weak global economy.That’s partly because Americans haven’t had the experience of the Great Recession.Americans still struggle to adjust to the impact of

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How to use a data point to understand China’s economic performance

The world’s second-largest economy is slowing as a result of slowing domestic demand and rising international trade.It has already been the subject of two US sanctions in a year.Now it has been told it must reduce the number of people employed in manufacturing.The Chinese central bank says the move will cut growth by about 0.5%

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Which countries are leading the economic recovery?

The US economy added an annualized rate of 1.2% in the second quarter of 2018, according to data from the US Federal Reserve.The annualized growth rate in the fourth quarter was 0.9%.The rate was below the consensus forecast of 0.8%.In the last three quarters, the US has added an average of 0,847,000 jobs per month,