Shoppers at a Levi’s store in New York’s Times Square look at a T-shirt display in June. The domestic consumer is critical to the health of America’s economy, as consumer spending accounts for roughly 70 per cent of US economic activity. Photo: AP
Neal Kimberley
Opinion

Opinion

Macroscope by Neal Kimberley

The US unemployment rate is enviable. It’s consumer confidence America needs to worry about

  • The latest figures suggest tensions over the trade war with China are starting to hit home. With more tariff trouble brewing on the European front, amid an already slowing economy, Fed officials may be forced to consider more forceful monetary easing

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Shoppers at a Levi’s store in New York’s Times Square look at a T-shirt display in June. The domestic consumer is critical to the health of America’s economy, as consumer spending accounts for roughly 70 per cent of US economic activity. Photo: AP
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