Environmental, Social & Governance Briefs
2022
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Real Spending Rises as Inflation Lessens in Intensity
May 27 | Dana M. Peterson, Chief Economist and Leader, Economy, Strategy & Finance Center, The Conference Board | Erik Lundh, Senior Economist, Global, The Conference Board | Comments (0)The April Personal Income & Outlays data had many positive notes even as recession fears are rising amid high inflation and Fed rate hikes.
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April retail sales continued to expand despite headwinds
May 17 | Erik Lundh, Senior Economist, Global, The Conference Board | Comments (0)The latest retail sales data show an economy that still has momentum despite headwinds from high inflation and rising interest rates.
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April CPI Moderates, but Inflation Remains Problematic
May 11 | Erik Lundh, Senior Economist, Global, The Conference Board | Comments (0)This is the first time this widely-followed gauge of inflation increased at a slower clip in eight months.
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Fed hikes rates by 50 basis points, the most in 22 years
May 04 | Erik Lundh, Senior Economist, Global, The Conference Board | Comments (0)As expected, the Fed hiked interest rates by 50 basis points today, the largest one-month increase in 22 years.
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March spending & income growth undermined by high inflation
April 29 | Erik Lundh, Senior Economist, Global, The Conference Board | Comments (0)Personal Income & Outlays data, released this morning, show an economy exiting the pandemic shock but entering a new one associated with the war in Ukraine.
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Economic Fundamentals Sound Despite Q1 2022 GDP Contraction
April 28 | Erik Lundh, Senior Economist, Global, The Conference Board | Comments (0)US Real Gross Domestic Product contracted by 1.4 percent (annualized) during the first quarter of 2022, missing the consensus forecast of 1.0 percent* growth.
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March Retail Sales Rise, but Inflation Undermines Impact
April 14 | Erik Lundh, Senior Economist, Global, The Conference Board | Comments (0)This is the second consecutive month of weakness in real retail sales.
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Ukraine War Drives March CPI to 8.5% YoY
April 12 | Erik Lundh, Senior Economist, Global, The Conference Board | Comments (0)This key measure of consumer price inflation is now at the highest rate recorded since December 1981.
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Rising Inflation Slows Household Consumption
March 31 | Erik Lundh, Senior Economist, Global, The Conference Board | Comments (0)Personal consumption slowed in February reflecting some likely payback from a surge in spending in January.