All Posts Tagged: business spending

U.S. Outlook: Positive economic surprises continue

Scott Anderson
Chief Economist

The positive economic surprises keep coming for the U.S. economy.

The Bloomberg economic surprise index is at its highest level since March, as U.S. economic indicators have been generally surpassing economists’ forecasts over the past month.

For more on this, see highlights of my report below, followed by a link to the full U.S. Outlook, delivered on Dec. 1.

Key observations:

  • Both “soft” indicators, like PMI and consumer confidence indexes, and “hard” indicators, like housing and retail sales, are exceeding consensus expectations.
  • We expect a robust 217K jobs were created in November, with the unemployment rate expected to hold at 4.1%.
  • Business equipment spending is coming back to life.
  • Maintaining this outperformance into 2018 will be extremely difficult.

 

Read my full report.

 

Read More ›

Amid interest rate speculation, U.S. businesses see sustainable growth

Dan Wilson
Posted by Dan Wilson
Commercial Banking
Crane silhouetted against a reddish sky, rising above an office building that is under construction.

The current international economic landscape is only reinforcing the relative appeal of the United States.

Read More ›

U.S. Outlook: Shifting prices create new winners

Scott Anderson
Chief Economist
Graph showing the rise in consumer confidence.

Right now the winners include the U.S. consumer and housing market.

Read More ›

U.S. Outlook: What does GDP with a 5.0 handle mean?

Scott Anderson
Chief Economist
Graph showing growth & declines in GDP over past several years.

The government’s recent estimate that real GDP grew at 5.0% in the third quarter beat economists’ forecasts and triggered a recalibration of our forecasts for 2015.

Read More ›

U.S. Outlook: What’s in store for September payrolls?

Scott Anderson
Chief Economist
Graph of initial jobless claims YTD 2014, with falling trend line.

The U.S. economy appears to be holding on to much of its momentum in the third quarter.

Read More ›