Dwellings investment (house building and home improvements) can have a large impact on GDP growth. This article presents an economic framework that helps explain movements in UK dwellings investment. House building responded sluggishly to rising house prices in the earlier part of this decade....

The path of labour supply is a key consideration for the Monetary Policy Committee (MPC). It helps to determine the overall supply capacity of the economy and therefore the amount of output that can be produced without generating excess inflationary pressure. Labour supply appears to have grown...