Business Cycle Indicators NBER and Alternative, and GDPNow
Industrial and manufacturing production out today, retail sales out yesterday. All three are up, with IP +0.7% m/m and mfg +0.9% (vs. 0.2%...
Jeffrey Frankel: “Where next for U.S. economy?”
In the Harvard Gazette today, and interview with Frankel:
The latest University of Michigan consumer sentiment index shows economic confidence is at its lowest since November...
FT-Booth March Survey and the FOMC SEP: GDP’s Trajectory
The March FT-Booth survey is out; median q4/q4 growth for 2025 is 1.6%, down from 2.3% in the December survey. The FOMC’s Summary...
FT-Booth Macro Survey on GDP Growth vs. Nowcasts, and Recession Start-Dates
The March FT-Booth survey is out; median q4/q4 growth for 2025 is 1.6%, down from 2.3% in the December survey (see this post for...
Vogue Magazine on Imminent Recession
From “Recession Blonde: How Economic Uncertainty Spurred the Latest Hair Color Trend”, March 17th:
What is “recession blonde?”
Recession blonde (or recession brunette) refers to...
