Real GDP growth may accelerate to a range closer to 2.5% in 2017.
This month has several significant events that have the potential to be market movers.
The Chinese yuan was added to the IMF’s SDR basket on October 1.
Nobel Prize winner Bob Dylan has been one of our great exports for over 50 years now.
Despite the mixed performance in 2016, housing boosted GDP growth in 18 of the 21 quarters since early 2011.
The LEI provides a valuable monthly guidepost regarding where we are in the economic expansion.
With a rate hike unlikely, the Fed may begin to prepare the markets for a hike in December.
The latest Fed Beige Book continues to deliver a positive view of the U.S. economy.
When monetary policy seems to have reached the limits of its effectiveness, it is said to be “pushing on a string.”
Businesses must have the confidence to spend now for our economy to thrive in the years ahead.
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