Chinese growth rethought by the authorities
For many months, since its exit from confinement, the Chinese economy has been worrying. Its growth is weaker and it is worrying because without resolving the imbalance in the real…
Philippe Waechter's blog
US – Three Charts on Consumption Expenditures – A complement
As I was at the airport yesterday to write my last post on US consumption (here), I wasn’t able to add charts. This post is just an addendum with three…
In May, US households consumption dropped
In May, US households consumption dropped by -0.1% after -0.2% in April. Carry over growth for the second quarter is just 1.2% at the end of May. This figure must…