Supply Chain Briefs
2022
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Retail Sales Unexpectedly Strong in October
November 16 | Erik Lundh, Senior Economist, Global, The Conference Board | Comments (0)Even when adjusted for inflation, sales were the strongest seen since February, rising 0.8 percent from the previous month.
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October inflation saw some relief, but remains high
November 10 | Erik Lundh, Senior Economist, Global, The Conference Board | Comments (0)While these data show some progress in the Fed’s fight against inflation, we continue to expect additional interest rate hikes over the coming months.
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Fed says smaller hikes, but no pause on the horizon
November 02 | Erik Lundh, Senior Economist, Global, The Conference Board | Comments (0)Businesses should expect interest rates to continue to rise, but at a slower pace.
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Inflation continued to weigh on incomes and spending
October 28 | Erik Lundh, Senior Economist, Global, The Conference Board | Comments (0)September Personal Income & Outlays data show an economy that continues to grapple with inflation.
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Rise in Q3 GDP Masks Deeper Weakness in the US Economy
October 27 | Erik Lundh, Senior Economist, Global, The Conference Board | Comments (0)US Real Gross Domestic Product rose by 2.6 percent (annualized) during the third quarter of 2022, exceeding the consensus forecast of 2.3 percent
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Inflation and interest rates weigh on September retail sales
October 14 | Erik Lundh, Senior Economist, Global, The Conference Board | Comments (0)Looking ahead, we expect consumer spending growth to fall deeper into negative territory as the economy slips into recession.
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September CPI reveals no reprieve from inflation
October 13 | Erik Lundh, Senior Economist, Global, The Conference Board | Comments (0)Headline Consumer Price Inflation (CPI) slowed slightly in September, but core inflation, which excludes food and energy, continued to rise from a year ago.
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Stubborn core inflation intensifies recession risk
September 30 | Erik Lundh, Senior Economist, Global, The Conference Board | Comments (0)August Personal Income & Outlays data, released this morning, show an economy that continues to grapple with inflation.
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Bank of England intervenes in bond market
September 28 | Klaas de Vries, Former Senior Economist, The Conference Board | Comments (0)The Bank of England (BoE) took emergency measures on Wednesday in response to market turmoil, with prices of UK government bonds and the pound falling fast.
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Fed Policy May Trigger a More Severe Recession
September 21 | Erik Lundh, Senior Economist, Global, The Conference Board | Comments (0)The Fed hiked interest rates by 75 basis points today and indicated that more large interest rate hikes are on the horizon.
