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Monthly updates on the state of the economy in the United States
While the prospects for a ‘soft landing’ have risen, The Conference Board believes it is more probable that the US economy will slip into a short and shallow recession in early 2024. Consumer spending was strong over the summer period but is beginning to cool. Moderating real income gains, falling savings and rising debt will likely further curb consumer spending heading into 2024. US labor market tightness is moderating according to the November jobs report. As the economy cools in early 2024 so too will the labor market. On inflation, progress is being made, but the path to 2% will be long and bumpy. We believe the Fed Funds Rate has peaked, but don’t foresee any cuts until mid-2024.
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Economy Watch: US View (June 2024)
June 24, 2024
Economy Watch: US View (May 2024)
May 21, 2024
Economy Watch: US View (April 2024)
April 16, 2024
Economy Watch: US View (March 2024)
March 19, 2024
Economy Watch: US View (February 2024)
February 22, 2024
Economy Watch: US View (January 2024)
January 15, 2024
Charts
Preliminary PMI indices show no change in weak DM growth momentum in November
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Charts
How Might the World Fall Back into Recession?
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Charts
Passing increases downstream, cutting costs, and absorbing price increases into profit margins are the chief ways to manage rising input costs. Few see changing
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Charts
Downgraded global GDP forecast, but no recession expected
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Charts
US continues to lead global productivity race
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Charts
The Global Economic Fallout of the Ukraine Invasion
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Charts
The global supply chain disruption associated with the COVID-19 pandemic has resulted in production delays, shortages, and a spike in inflation in world.
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Charts
The Conference Board recently released its updated 2022 Global Economic Outlook.
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June 21, 2024
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PRESS RELEASE
LEI for the Global Economy Decreased in April and May
June 28, 2024
PRESS RELEASE
LEI for China Downshifted in May
June 26, 2024
PRESS RELEASE
US Consumer Confidence Weakens Slightly in June
June 25, 2024
PRESS RELEASE
LEI for India Rebounded in May
June 24, 2024
PRESS RELEASE
France Leading Economic Indicator
June 19, 2024
PRESS RELEASE
LEI for Australia Decreased in April
June 18, 2024
All release times displayed are Eastern Time
Global growth is expected to slow over the next decade relative to the prior ten years.
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China’s economic activity remained largely flat in May
June 27, 2024 | Report
Economy Watch: Emerging Markets View (June 2024)
June 24, 2024 | Brief
Economy Watch: European View (June 2024)
June 24, 2024 | Brief
Economy Watch: US View (June 2024)
June 24, 2024 | Brief
The Conference Board Economic Forecast for the US Economy
June 13, 2024 | Brief
June 13, 2024 | Brief
The Evolving Economic Outlook for Europe
July 10, 2024 11:00 AM ET (New York)
The Economic Outlook for Europe
July 12, 2023 11:00 AM ET (New York)
The Economic Outlook for India and MENA
June 14, 2023 11:00 AM ET (New York)
May 24, 2023 12:00 PM ET (New York)
May 17, 2023 11:00 AM ET (New York)
How Severe is the Banking Crisis?
April 12, 2023 11:00 AM ET (New York)
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