The U.S. economy is booming and near-term prospects have rarely been as strong.
In this webinar, Mark Zandi and the Moody’s Analytics team will examine the tailwinds to growth, including fast-approaching herd immunity, massive pent-up demand, excess saving as well as unprecedented monetary and fiscal policy support. We will also review which regions of the U.S. are leading the country’s recovery, which are lagging, and the reasons why. Finally, we’ll examine the threats, including the prospects for uncomfortably high inflation and interest rates, overvalued asset markets, and the uncontrolled pandemic in much of the rest of the world.
A slew of datapoints in the U.S. pushed our high-frequency GDP estimate for the fourth quarter to 2.6% annualized.
Rising global temperatures caused by increasing greenhouse gas pollution pose substantial risks to the global economy.
U.S. GDP rose 2.6% in the third quarter, according to the preliminary estimate from the Bureau of Economic Analysis.
OPEC+ announced a significant cut to its collective output limit, just as the U.S. economy is vulnerable and financial market conditions have tightened.
If there was any doubt that the Federal Reserve was serious about taming inflation, it should be gone after the September meeting of the Federal Open Market Committee as it hiked the target range for the fed funds rate by 75 basis points and signaled a noticeably higher terminal rate than previously thought.
Treasury has been using its available cash to pay its bills, but by mid- to late October those funds will be exhausted. Someone would not get paid in a timely way.
U.S. consumers finally got a little relief on the inflation front in July because of a significant decline in gasoline prices, but the Federal Reserve isn't going to celebrate as one month isn't a trend.
Lawmakers appear close to passing into law the Inflation Reduction Act of 2022.
Owning one's home is arguably the most effective way for lower- and middle-income Americans to build wealth and critical to building more stable communities and a stronger economy.
At first glance, it is understandable that some are worried about the health of the U.S. consumer.