• Personal
  • Corporate

Corporate

11 Jun 2015
Share

US Retail Sales in Focus Today

The latest NIESR projection showed that economic growth picked up in the UK for the three months ending in May. The agency also expects the Bank of England to raise interest rates early next year. Across the Atlantic, two economic reports are expected to confirm a strong rebound in the economy, breaking free from the weakness seen in recent months. The retail sales report for May is anticipated to ease fears of weakness in consumer spending; while the weekly report on first time unemployment claims is expected to strengthen optimism towards the labour market.
11 Jun 2015
Share

US Retail Sales in Focus Today

The latest NIESR projection showed that economic growth picked up in the UK for the three months ending in May. The agency also expects the Bank of England to raise interest rates early next year. Across the Atlantic, two economic reports are expected to confirm a strong rebound in the economy, breaking free from the weakness seen in recent months. The retail sales report for May is anticipated to ease fears of weakness in consumer spending; while the weekly report on first time unemployment claims is expected to strengthen optimism towards the labour market.