"It was a great report, but you didn't see the market move much because GDP is backward-looking. It told us what happened in October and November and December," North said. "It's great for historical patterns, but it doesn't really tell us much about wher...
US economy will see 'progressive slowing' in 2023: Dennis Lockhart Economists see an overwhelming chance that theU.S. economy sinks into a recessionnext year as a result of the Federal Reserve's massive interest rate hikes. The probability of a downturn in 2023 climbed to 70% in Decembe...
the Fed is faced with a difficult task: ensuring a so-called soft landing for the US economy. The goal is to raise interest rates and end QE in order to cool economic growth and combat inflation—all without causing a recession.
The US economy is on its final descent to a soft landing 美国经济正处于软着陆的最后阶段 高盛研究公司(Goldman Sachs Research)预测,在克服了今年对经济衰退的担忧后,美国经济将在2024年再次轻松超过市场预期。 预计2024年美国GDP全年将增长2.1%,而彭博社调查的经济学家预测普遍为1%。高盛研究(Goldman Sachs Re...
We expect the second Trump administration to bring higher China and auto tariffs, much lower immigration, some fresh tax cuts, and regulatory easing. If so, the US economy should grow 2.5% in 2025, outperforming consensus expectations and other DM economies for the third year in a row. The ...
Powerful employment gains and a resilient consumer are at the heart of the growing economy. Nonfarm payrolls have grown by nearly 1.7 million so far in 2023 and the 3.6% unemployment rate for June is the same as it was a year ago. Consumers, meanwhile, continue to spend, and sentiment gau...
Dubai's aviation sector, a cornerstone of the UAE economy, is expected to account for 29% of GDP by 2030, up from 27% in 2023, according to observations by MENA luxury retail renovation company Abra. 04|Nuna Lie上财年营收突破8100万欧元 ...
GOVERNMENT HIRING SPREE PROPPING UP THE US JOB MARKET "The economy slowed, but still doesn’t appear to be at risk of stalling," said Jim Baird, Plante Morgan Financial Advisors CIO. "The combination of slower growth and sticky inflation will undoubtedly increase the whispers around potential st...
Why might the U.S. economy avoid recession in 2023? David Mericle:Our probability of a recession over the next 12 months stands at 35%. Part of our disagreement with consensus arises from our more optimistic view on whether a recession is necessary to tame inflation. We think that a cont...
McKinsey's ConsumerWise team breaks out the state of US consumer spending in 2024. Read the annual report for the latest data, trends, and insights.