The death of the US consumer has been greatly exaggerated, writes Douglas Roberts, senior international economist at Standard Life Investments.
Consumer spending in the US has picked up again, now that the worst of the recession is past. Despite repeated gloomy forecasts of their demise as the key driver of the economy, consumers have, more...
Latest Financial Stability Report
After strategic review
As annual profits almost double
Industry Voice: One of the most serious problems with GDP is that it fails to measure the impact of economic growth on the planet's finite environmental resources. As economist Kenneth Boulding once put it: "Anyone who believes that exponential growth...