All Posts Tagged: U.S. economy

Instant Analysis: Fed Chair Powell open to reducing rates

Scott Anderson
Chief Economist

Federal Reserve Chairman Jerome Powell, speaking at a conference at the Chicago Fed, said the Fed is willing to consider cutting interest rates to keep the U.S. expansion intact. He went on to say that the Fed is closely monitoring rising global trade disputes and the potential fallout on the U.S. economy.

Read more here.

Read More ›

U.S. Outlook: Mixed signals and caution

Scott Anderson
Chief Economist

What are the near-term prospects for the U.S. economy? Is the glass half-full or half-empty? It’s a tough call.
Right now both answers probably are correct.

Read More ›

U.S. Outlook: Private inventories — A GDP growth wild card

Scott Anderson
Chief Economist
Aerial View Of Container port

Does business inventory buildup spell economic growth or future recession? Chief Economist Scott Anderson analyzes the data in the U.S. Outlook.

Read More ›

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.

Read More ›

U.S. Outlook: Consumers remain a confident bunch

Scott Anderson
Chief Economist
Graph showing sharp increase in consumer confidence between Oct 2009 and June 2017

It’s been a long time coming, but more consumers are finally riding the wave of plentiful job opportunities, rising incomes, and improving net worth. Nowhere is this better reflected than in the current readings of the Conference Board’s Consumer Confidence Index. Consumer confidence has only been at these nose‐bleed levels a handful of times over the last 40 years, notably […]

Read More ›