All Posts Tagged: consumer
The short answer: not really.
For more details, see highlights of my report below, followed by a link to the full U.S. Outlook, delivered on March 18.Key observations:
- We forecast consumer spending will continue to drive this economic expansion forward.
- Our current tracking estimate of U.S. Real GDP growth for the first quarter is 2.0%.
- The combination of low gas prices and an improving housing market is driving increases in building-materials spending.
- The latest job openings level is back near the cyclical highs of this economic expansion.
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It’s important to remember that the stock market and the oil market are not the U.S. economy.Read More ›
Here’s my take on the key numbers on the housing market this week.Read More ›
Our forecast for holiday sales growth this year is 4.0%, which would make it the best year since 2012.Read More ›
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 ›