All Posts Tagged: U.S. economy

U.S. Outlook: Will consumers keep spending over the holidays?

Scott Anderson
Chief Economist

Next week is the all-important kickoff of the holiday shopping season, with the four most important shopping days of the year.

Graph showing growth, declines in various retail sales categoriesWhat percentage of the population plans to shop during the Thanksgiving weekend that includes Black Friday and Cyber Monday?

For more on this, see highlights of my report below, followed by a link to the full U.S. Outlook, delivered on Nov. 17.

Key observations:
  • The retail sales data through October show a consumer who is ready and willing to spend this holiday season.
  • The fact that retail sales for October continued to climb after a huge gain in spending during September bodes well for holiday sales.
  • Income growth continues to lag consumer spending.
  • We are forecasting nearly 3% real consumer spending growth in the fourth quarter.
Read my full report.

 

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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 […]

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Investment Insights: The muddy waters blues

Wade Balliet
Posted by Wade Balliet
Investment Strategy
A container ship in the harbor in Asia

Mixed U.S. economic data and political upheaval have created muddy waters that are difficult to navigate.

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U.S. Outlook: Global malaise

Scott Anderson
Chief Economist
Graph showing up and down trends in China exports over past several years.

The global economy continues to be one of the biggest risks for the U.S. economy over the near term.

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