Usually reserved for the iPhone, Apple’s September event was all about the company’s hidden champions this year. Aside from the latest Apple Watch, Tuesday’s pre-taped event also included the official unveiling of a re-designed iPad Air, the mid-range …
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UK government borrowing explodes in 2020
by Statista | Infographics • • 0 Comments
As figures from the Office for National Statistics show, government borrowing has exploded in 2020 as the finiancial toll of dealing with the coronavirus takes hold. Up until the pandemic really hit the country in the spring, cumulative public sector n…
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Housing Construction Booming in the U.S.
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Following a surge in new housing starts to end 2019, the global COVID-19 pandemic reached the private housing construction industry in the U.S. and caused a record-low number of new projects in the country. After five straight months of growth, however…
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U.S. Retail Sales Return to Pre-Pandemic Trajectory
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Following an unprecedented plunge in April and a sharp rebound in May and June, U.S. retail sales continued to recover from the historic slump brought about by the COVID-19 pandemic in the third quarter. According to advance estimates released by the U…
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Natural Gas Quickly Outpacing Coal
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Coal production and consumption continue to fall across the globe, with 2020 following the trend of growth in alternative and renewable energies. The reduction in coal consumption is clear in the U.S., with data showing how natural gas has quickly repl…
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Chinese Economy Rebounds, Still Trails Pre-Pandemic Growth
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The Chinese economy continued its recovery in the third quarter of 2020, albeit at a slower pace than many had predicted. According to the National Bureau of Statistics of China, the country’s GDP grew by 4.9 percent year-over-year in the three months …
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Covid-19 Strikes Devastating Blow to the U.S. Arts Sector
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Along with tourism, there aren’t many parts of the economy which have been harder hit by the pandemic than the performing arts. Underscoring the devastating blow to the industry, data from a collaboration between TRG Arts and Purple Seven based on 80 v…
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Global Carbon Emissions Fall in 2020
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Predictions were made earlier in the year as the pandemic was getting underway that CO2 emissions would be greatly reduced due to the enforced drop in economic activity and travel. While the fact that this has indeed happened will surprise few, the ext…
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IMF Slashes Forecast Amid “Crisis Like No Other”
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When it comes to the economic fallout of the COVID-19 pandemic, we have gotten used to negative superlatives over the past few months. We’ve seen some of the worst single-day losses in stock market history, followed by an unprecedented drop in consumer…
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UK unemployment rate continues to rise
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The latest employment figures released today by the UK’s Office for National Statistics reveal a continued rise in the unemployment rate. In June-August the figure rose to 4.5 percent – 0.6 percentage points higher than a year earlier and 0.4 percentag…
