U.S. Outlook: A hot jobs report for April

Scott Anderson
Chief Economist
Graph showing unemployment rate and U6 unemployment rate dipping back to May 2007 levels.

The labor market’s resilience and strength were on full display in April.

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Instant Analysis: The FOMC decision for May

Scott Anderson
Chief Economist
Close up of the Federal Reserve building with the eagle statue

We see nothing in the statement today that would dissuade the FOMC from raising the fed funds rate again in June.

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U.S. Outlook: Why the Fed will look past weak Q1 GDP growth

Scott Anderson
Chief Economist
Graph showing recent rise in business spending growth

U.S. GDP growth sputtered in the first quarter. This was the worst performance from the U.S. economy since the first quarter of 2014.

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U.S. Outlook: The hard vs. soft data conundrum revisited

Scott Anderson
Chief Economist
Graph comparing hard and soft data of US Economic Surprise Index

In this week’s report we show how truly unusual the current divergence between “soft” data surprises and the “hard” data surprises really is.

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