Q&A time
- Job gains have remained very sturdy
- If we're downshifting in jobs it's tiny
- Wage gains are gradually starting to pick up
- There's probably still a little slack in the labour market
- Q3 GDP will be quite stronger that H1
- H2 should be 2% or more
- Q2 GDP was misleading due to a drag from inventories
So we'll all wait for the inventory catchup then. I won't be holding my breath ;-)
