Author: Scott Anderson

U.S. Outlook: Improving trade balance is a game changer

Scott Anderson
Chief Economist
chart of trade deficit

A major shift in the U.S. trade deficit could signal faster U.S. economic growth this year.

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U.S. Outlook: Downside tail-risks diminish for 2014

Scott Anderson
Chief Economist
gdp_122013

Better-than-expected retail sales in November and upward revisions to prior months are adding to the optimistic picture we’ve been painting for 2014.

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Instant Analysis: December FOMC statement

Scott Anderson
Chief Economist
Closeup of pillars on exterior of Federal Reserve building

The FOMC tiptoed into the taper pool by announcing a reduction in monthly asset purchases at today’s FOMC meeting, starting in January. Beginning next year, the Fed will be purchasing $75 billion a month in agency mortgage-backed securities and Treasury securities, a $10 billion reduction from the current pace of $85 billion.

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2014 U.S. Outlook: Firing on all cylinders

Scott Anderson
Chief Economist
graph of GDP forecast for 2014

For the first time since the “Great Recession,” the U.S. consumer will drive economic expansion in 2014.

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