All Posts Tagged: consumer spending

Instant Analysis: FOMC statement for October

Scott Anderson
Chief Economist
Eagle sculpture above the stone wall inscribed "Federal Reserve" on the institution

The FOMC is signaling to the market that December is a “live” meeting and the market should not rule out an initial rate hike this year.

Read More ›

U.S. Outlook: Economy is looking better in October

Scott Anderson
Chief Economist
Graph showing the decline in weekly jobless claims over recent months.

Following the slowdown of August and September, the economic data points so far for October suggest the U.S. is picking up some growth momentum.

Read More ›

U.S. Outlook: The U.S. consumer hangs in there, for now

Scott Anderson
Chief Economist
Graph showing recent upward trend in consumer confidence.

Consumers continued to spend at a rapid clip in August, and their confidence in September may not be very shaken by global market turmoil.

Read More ›

Instant Analysis: Employment report for September

Scott Anderson
Chief Economist
Attendees at a conference in front of large glass windows, the sun in the background.

The extent and consistency of this softening in monthly job gains will give the FOMC pause about raising interest rates in the face of a slowing economic environment. 

Read More ›