Global Economy Briefs
2021
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What If? The Government Shuts Down and/or We Hit the Debt Ceiling
October 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) | Erik Lundh, Senior Economist, Global, The Conference Board | Gurleen Chadha, Former Research Analyst, The Conference Board | Comments (0)The US Congress is currently locked in discussions on continuing to fund Federal government operations and whether to either raise or suspend the debt ceiling. We have been here before, and it has always worked out—with more or less pain along the way. Indeed, Congress has passed a Continuing Resolution (CR) to fund the Federal government through December 3, 2021. What if come December, we find ourselves on the brink once again? Also, what happens if we hit the public debt ceiling?
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Fed Signals Taper and Hikes Sooner – 5 Takeaways and 4 Insights for What’s Ahead
September 22 | Dana M. Peterson, Chief Economist and Leader, Economy, Strategy & Finance Center, The Conference Board | Comments (0)The spread of the Delta variant notwithstanding, FOMC participants are inching closer to removing the monetary policy punchbowl possibly as soon as the November meeting. We provide five key takeaways from the September Fed meeting and what it means for the C-Suite.
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August retail sales continued to improve despite Delta variant
September 16 | Erik Lundh, Senior Economist, Global, The Conference Board | Comments (0)Retail spending in August surprised to the upside suggesting continued resiliency in consumption despite the COVID-19 Delta variant.
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Delta Variant Shocks a Still Very Tight Labor Market
September 03 | Gad Levanon, PhD, Former Vice President, Labor Markets, The Conference Board | Comments (0)Comment on August Jobs Report by Gad Levanon, Head of the Labor Market Institute, The Conference Board. Today’s jobs report reflected the effects of both the COVID-19 Delta variant and the severe labor shortage in the US labor market.
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Healthy consumer spending supported by strong labor markets
August 27 | Ataman Ozyildirim, Former Senior Director, Economics, The Conference Board | Comments (0)July Personal Income & Outlays data released this morning, show an economy that is still recovering. Amid shifting demand from goods to services spending, personal consumer expenditures growth slowed.
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Job growth accelerated before Delta
August 06 | Gad Levanon, PhD, Former Vice President, Labor Markets, The Conference Board | Comments (0)Commentary on July US Bureau of Labor Statistics Employment Situation Report
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Wage, income, spending and inflation data all point to continued recovery while pushing against supply constraints
July 30 | Gad Levanon, PhD, Former Vice President, Labor Markets, The Conference Board | Comments (0)Comment on June Personal Income & Outlay data and the Q2 2021 Employee Cost Index – Erik Lundh, Principal Economist, The Conference Board & Gad Levanon, Vice President, Labor Markets, The Conference Board
