Supply Chain Briefs
2021
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May PCE Reaction: Spending Patterns Shift, but Inflation Remains
June 25 | Erik Lundh, Senior Economist, Global, The Conference Board | Comments (0)May income, spending and inflation data reveal an economy that is shifting back to pre-pandemic patterns as the threat of COVID-19 abates. Following the distribution of government stimulus checks in March US personal income dipped for a second month in May.
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Fed Policy Reaction - FOMC Participants Blink
June 16 | Dana M. Peterson, Chief Economist and Leader, Economy, Strategy & Finance Center, The Conference Board | Comments (0)Fed officials accelerated expectations of rate hikes amid robust, albeit heavily policy supported, GDP growth and a strengthening labor market.
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Labor Shortages Are Becoming More Severe
June 08 | Gad Levanon, PhD, Former Vice President, Labor Markets, The Conference Board | Comments (0)Three new reports suggest that labor shortages are becoming more extreme, having material implications for labor market recovery and short-term inflation prospects.
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Tepid Job Gains Highlight Hiring Difficulties
June 04 | Frank Steemers, Former Senior Economist, The Conference Board | Comments (0)Commentary on today’s U.S. Bureau of Labor Statistics Employment Situation Report by Frank Steemers, Senior Economist, The Conference Board
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April PCE Reaction: Inflation Creeps Higher as Consumers Shift to Services
May 28 | Erik Lundh, Senior Economist, Global, The Conference Board | Comments (0)April income, spending and inflation data reveal an economy that is on the mend, but not yet fully recovered.
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Job openings at a record high, and labor shortages are back
May 11 | Gad Levanon, PhD, Former Vice President, Labor Markets, The Conference Board | Comments (0)Despite still-elevated unemployment rates, and 8.2 million persons waiting to be added to payrolls, labor shortages are back. As large segments of the economy continue to open at the same time, and labor supply is constrained, these shortages are likely to remain for the better part of 2021.
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Jobs Disappoint in April
May 07 | Gad Levanon, PhD, Former Vice President, Labor Markets, The Conference Board | Comments (0)The number of jobs in in-person services is still well below prepandemic levels, but the recovery is underway
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Despite Volatility, US Economic Recovery Reaccelerates in Q1 2021
April 29 | Erik Lundh, Senior Economist, Global, The Conference Board | Comments (0)US Real Gross Domestic Product grew by 6.4 percent (annualized) during the first quarter of 2021, slightly below the consensus forecast and above The Conference Board’s forecast of 5.0 percent.
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Policy Brief: The American Jobs Plan and Made-in-America Tax Plan
April 01 | Dana M. Peterson, Chief Economist and Leader, Economy, Strategy & Finance Center, The Conference Board | Joseph J. Minarik, Former Senior Vice President and Director of Research, Committee for Economic Development of The Conference Board (CED) | Comments (0)
