Economic Newsletter – March 2022

Printable PDF Tumultuous Start To The Year With barely two months in the books, it is hard to remember another year that opened with as much drama as 2022. The swirl of events included the surge and rapid descent of the Omicron variant, spiraling inflation, heart-throbbing geopolitical tensions with Russia, a hawkish pivot by the […]

Economic Newsletter – February 2022

Printable PDF Economy Faces a Winter Chill  A winter economic soft patch has begun, as spiking Omicron cases exacerbate supply chain and labor market stress and fuel greater consumer and business caution. But while the virus continues to be in the driver’s seat of the recovery, the early 2022 economic cool down won’t result in a […]

Economic Newsletter – December 2021

A Christmas Wish: More Supply Please The clouds over the U.S. economy are dissipating as one of two key constraints on activity is fading. Thanks to an improving health situation amid ramped-up vaccination efforts, people are traveling again, going to concerts and engaging in a host of social activities that were crushed over the summer […]

Economic Newsletter – November 2021

Printable PDF It’s Not Stagflation, But It Sure Is “M.E.S.S.I” The U.S. economy is going through another rough patch, as supply shortages abound, workers are hard to find, and inflation is surging.  Legislators are at loggerheads over the two major pieces of legislation that the White House is struggling to pass – the $1trillion infrastructure […]

Economic News – August 2021

Printable PDF A Calmer but Durable Recovery Ahead  The economy is coming off the second strongest growth rate since 1978 in the just completed quarter, and the powerful post-pandemic reopening boost is still unfolding. But the rapid reopening has brought with it a host of problems, highlighting the fact that the road to normalcy is […]

Economic News – July 2021

Printable PDF  Don’t Fret, The Workers Will Come Back  Americans are as flexible as they are resilient, so it comes as no surprise that they are efficiently adapting to a post-pandemic world. For sure, the health crisis has not been entirely vanquished. Although more than 50 percent of the adult population has been fully inoculated, […]

Economic News – June 2021

Printable PDF  Focus On The Trend, Not The Noise  The economic environment is ripe for naïve and misguided narratives. Taken at face value, the latest reports on jobs, consumer prices and retail sales suggest that the U.S. is in the grips of a jobless recovery and a stalling economy that is weighed down by worrisome […]

Economic News – May 2021

Printable PDF  A Jobs Boom is Near, But Not Full Employment  The well-telegraphed heat wave in economic activity is underway. Most key economic data for March exceeded expectations, punctuating a quarter that turned out to be considerably stronger than anyone predicted earlier in the period. Importantly, the mercury is poised to turn hotter in the […]

Economic News – April 2021

Printable PDF  A Looming Economic Heat Wave  Spring has sprung, and the season of hope is resonating throughout the economy. After suffering a 3.5 percent contraction in 2020 – the steepest since demobilization in 1946 – real GDP is poised to surge as much as 7 percent this year, which would rival the biggest annual […]

Economic News – March 2021

Printable PDF  Policies Go Big  The bleak economic landscape that prevailed in the closing months of 2020 has not faded from the collective memory of the American public. With the pandemic still claiming too many lives and the economy still reeling from business restrictions and virus fears that hamper normal behavior, the lingering effects cannot […]