Global Economy Briefs
2023
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Headline CPI eased in December while Core CPI rose
January 12 | Erik Lundh, Senior Economist, Global, The Conference Board | Comments (0)3 Insights for What's Ahead on the December CPI readings
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Challenged transit funding creates the need for cost savings
January 09 | Alexander Heil, PhD, Senior Economist, ESF Center, The Conference Board | Comments (0)COVID has altered the financial posture of many systems, but it does not have to be the end of efficient public transportation.
2022
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Retail Sales and FOMC Meeting Reactions
December 15 | Dana M. Peterson, Chief Economist and Leader, Economy, Strategy & Finance Center, The Conference Board | Comments (0)Nominal retail sales fell by 0.6 percent in November on fewer sales of durable goods and at department stores. In real terms, sales were likely more negative.
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Inflation eased again in November
December 13 | Erik Lundh, Senior Economist, Global, The Conference Board | Comments (0)3 Insights for What's Ahead on the November CPI data
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October data show progress on inflation & spending
December 01 | Erik Lundh, Senior Economist, Global, The Conference Board | Comments (0)While higher energy prices kept month-over-month PCE inflation flat at 0.3 percent, core PCE inflation dipped to 0.2 percent.
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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
