Consumer spending, which accounts for roughly 70% of U.S. GDP, is showing signs of fatigue as household savings rates fall to their lowest level since 2007 and credit card delinquencies climb to post-pandemic highs. The Savings Buffer Has Eroded The…
The Affordability Equation Remains Broken Despite a moderation in home price appreciation across several major metropolitan areas, housing affordability continues…
Persistent Imbalance Reflects Structural Economic Forces The United States trade deficit widened in the most recent reporting period, extending a…
Signs of Recovery After Prolonged Contraction The manufacturing sector is showing increasingly concrete signs of recovery after an extended period…
A World of Different Monetary Paths The global economy is navigating an increasingly complex monetary policy landscape characterized by significant…
A New Growth Cycle Takes Shape Emerging market economies are collectively posting their strongest growth performance in several years, driven…
Beyond the Job Destruction Narrative The relationship between automation and employment is proving far more nuanced than the apocalyptic predictions…
A Cautious Approach to Monetary Policy The Federal Reserve has opted to maintain its benchmark interest rate at the current…
Economy Defies Slowdown Predictions The United States economy expanded at an annualized rate of 3.1 percent in the latest quarterly…