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The challenge to manufacture, distribute, and administer the vaccinations quickly, efficiently, and fairly, in a race against continued infection and the emergence of variants of the virus here and all around the world, requires continued collaboration between the public and private sectors. The US and the world must win that race between vaccination and mutation to achieve “herd immunity” and return to normality in daily life and the economy. The stakes are high for both the current crisis and the inevitable pandemics of the future. For this reason, this analysis offers a diagnosis of the current episode, as well as recommendations for today and tomorrow.
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Consumer Confidence Declined for Second Consecutive Month in February
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Omicron, Inflation, and Fed Dampen US Growth Prospects
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Almost two years after the COVID-19 pandemic plunged the United States and the world into economic and social disruption, the nation is recovering.
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High demand for labor is resulting in rapid hiring of the unemployed.
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Omicron notwithstanding, our near-term outlook for the global economy remains promising. We project real global GDP to grow 3.9 percent (year-over-year).
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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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The Conference Board’s Salary Increase Budget Survey indicates that the average annual raise for current employees is accelerating.
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The Conference Board Consumer Confidence Index® declined in November, following an increase in October. The Index now stands at 109.5 (1985=100), down from 111.
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The Conference Board recently released its updated 2022 Global Economic Outlook.
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America’s recent decline in global competitiveness raises concerns about the nation’s future economic stability and national security
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PRESS RELEASE
Global Productivity Growth Set to Disappoint Again in 2023
May 17, 2023
PRESS RELEASE
Stagnant Productivity Growth Returns
April 29, 2022
BRIEF
January Retail Sales Rise Despite Omicron
February 16, 2022
BRIEF
2022 Starts with Strong Job Growth
February 04, 2022
BRIEF
December Spending, Income, and Inflation Readings Disappoint
January 28, 2022
BRIEF
Modest Job Growth and No Signs of Easing Labor Shortages
January 07, 2022
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