Our Research

On October 26, the U.S. Bureau of Economic Analysis (BEA) released their initial estimate of Q3 GDP, which showed real GDP grew at an annual rate of 4.9% during the quarter, with consumer spending, government spending, and a faster pace of nonfarm business inventory accumulation the main drivers of growth.

What Goes Up Must Come Down … At Least Part of the Way

The U.S. economy is a) shifting into a faster rate of growth; b) gently easing into a soft landing; or c) on the road to recession

While it may be true that, as Neil deGrasse Tyson says, the universe is under no obligation to make sense to you, would it be too much to ask for the economic data to do so?

The general theme of our May economic commentary was that decidedly mixed messages in the economic data were making it difficult to pin down where the U.S. economy is, let alone forecast where it is going.