U.S. Outlook: Spring recovery is already underway

Posted By Scott Anderson In Economic Outlook | No Comments

Consumer spending has rebounded from the snow-bound declines of December and January, according to recent February data.

graph_jobless_031414 [1]Below is a brief summary of my weekly analysis, followed by a link to the full U.S. Outlook report, delivered on March 14, 2014.

Key observations:
  • Outlook appears robust for consumer spending in the months ahead.
  • Jobs data signals U.S. labor market is picking up momentum in March.
  • Concern is intensifying over emerging market slowdown.
  • Russia-Ukraine woes create risk for economic contagion in other emerging markets.
  • China remains a concern on trade data, credit growth, deflation, retail sales & industrial production.

Click here to read my full report [2].

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URL to article: https://changematters.bankofthewest.com/2014/03/14/u-s-outlook-spring-recovery-is-already-underway/

URLs in this post:

[1] Image: http://blog.bankofthewest.com/wp-content/uploads/2014/03/graph_jobless_031414.jpg

[2] Click here to read my full report: http://GoWe.st/1d1rUjw

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