U.S. Outlook: Will consumers keep spending over the holidays?

Scott Anderson
Chief Economist
Graph showing growth, declines in various retail sales categories

The retail sales data through October show a consumer who is ready and willing to spend this holiday season.

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U.S. Outlook: What is going on with bank credit?

Scott Anderson
Chief Economist
Graph showing recent dip in commercial bank lending

You would think banks would be busy making new loans in this sort of economic and financial environment, but you would be wrong.

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U.S. Outlook: Let the tax reform fight begin

Scott Anderson
Chief Economist
US Capitol dome seen in middle distance on a sunny fall day with lawn and reddish-leaf trees in the foreground.

We are finally getting some concrete details on the size and shape of the likely tax reform package that is moving through the House.

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Instant Analysis: Employment report for October

Scott Anderson
Chief Economist
4 workers sitting around table using their laptops next to large window through which nearby skyscrapers are visible.

we see the net 261K gain in jobs as evidence that the U.S. labor market is swiftly resuming its solid monthly pace of job creation.

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