Conference Board Revises 2024 Outlook Up
[ad_1] …to 1% y/y [1]. Their Leading Economic Indicator edges up slightly [2]. Justin Ho discussed their brightening view on Friday’s Marketplace. Interestingly, the Conference
Wisconsin Employment in February: Continued Growth
[ad_1] Employment still outstripping the November Wisconsin DoR forecast, based on SPGMI national outlook. Figure 1: Wisconsin nonfarm payroll employment (black), DoR forecast (tan +),
Economic Report of the President, 2024
[ad_1] Released today, full text available here. [ad_2] Source link
Are You Better Off Than You Were 4 Years Ago
[ad_1] Per capita GDP relative to 1st quarter of new administration: Figure 1: GDP relative to 2021Q1 (blue), and GDP four years ago relative to
Republican Study Group Proposals | Econbrowser
[ad_1] Text here. Includes raising the retirement age for Social Security an indeterminate amount (The Hill). See expenditure reduction in the table below: Source: RSC
FOMC March SEP on GDP
[ad_1] 2024 q4/q4 growth at 2.1% matches FT-IGM survey discussed in previous post. Figure 1: GDP (bold black), CBO projection (blue), Survey of Professional Forecasters
Over 300 Years of Central Bank Rates
[ad_1] An interesting picture from Jim Reid/Deutsche Bank: Source: Jim Reid/DeutscheBank. [ad_2] Source link
WaPo: “In Wisconsin, a vote for Biden or Trump could come down to grocery prices”
[ad_1] That article prompted me to wondered whether Wisconsin’s grocery prices had moved up faster than the Nation’s. They have! “Everything is so damn high,”
March FT-Booth Macroeconomists Survey: GDP, Recession, r*
[ad_1] The FT-Booth Macroeconomist Survey was released today. GDP is slated to grow 2.1% in 2024, q4/q4. Figure 1: GDP (bold black), CBO projection (blue),
Is the Fed Looking at FAIT? If so, What Would It Imply?
[ad_1] A reader takes issue with my post showing y/y and instantaneous core PCE deflator versus 2% target, noting (correctly) that as of 2020, the