The small improvement in the Economy Watchers Survey (EWS) in December suggests household spending was slow to recover from October’s sales tax hike. Both household-related activity and employment conditions edged down slightly, supporting our view that the economy is losing momentum.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services