U.S. Outlook: More encouraging signs of acceleration

Scott Anderson
Posted by Scott Anderson
Chief Economist

The U.S. economy is actually showing more spring in its step.

Graph of initial jobless claims, showing downward trend.The seasonally appropriate signs include pick-ups in consumer spending, industrial production, and job creation. Winter’s slowdown is in the rear-view mirror.

For more on the latest economic developments to watch, see higlighhts of my weekly economic analysis below, followed by a link to the full U.S. Outlook report, delivered on April 18, 2014.

Key observations:
  • Signs are encouraging for a sustained recovery in jobs and economic growth.
  • We expect average monthly job gains of over 200K during Q2.
  • Q1 inflation of 1.9% annualized is higher than expected.
  • Currently there are few signs of wage pressure despite higher inflation.
Click here to read my full report.

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