Planes, cranes and automobiles…

We’re just over a month-and-a-half into 2018, and planes have been dominating the economic news agenda this year so far.

On the one hand, we’ve had the trade dispute between Boeing and Bombardier come to a head, following weeks and indeed months of hand-wringing about the potential impact of any tariffs on the Canadian firm’s Belfast operations. On the other hand, we’ve had another stream of good news on the tourism front, as more and more overseas visitors flock to Belfast and Northern Ireland.

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Chief Economist’s Weekly Brief Pick-me-up

January is usually the time for a bit of restraint after the festive period’s excesses. For people in the UK it might last beyond January given the ongoing squeeze on incomes. But if you’re looking for better news on this Blue Monday you’ll find it in UK manufacturing performance, company profitability and global growth.

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Chief Economist’s Weekly Brief – Summer soft patch

It’s looking a lot like October all over again. Just as a flurry of US policymakers were talking up the chances of a Fed rate rise later this month, the labour market produces a bad headline and throws it all into doubt. Exactly the same thing happened towards the end of last year when October’s move was postponed till December.

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