The US economy appears resilient and vulnerable at the same time. There’s always uncertainty about the economy’s near-term path, but rarely has the data presented such a striking contrast in possibilities.
Daily Archives: December 23, 2022
Macro Briefing: 23 December 2022
* Senate passes funding bill that keeps government open through September
* Global supply chains are normal again after Covid disruption, but…
* A new CNBC survey of logistics managers suggests problems will persist
* US economy remains surprisingly strong, even if it’s not obvious
* Mortgage rates drop for sixth straight week
* US population rises 0.4% this year, close to slowest increase on record
* US economy in Q3 grew faster than previously estimated
* Low US jobless claims still highlight tight labor market conditions
* US Leading Economic Index continues to signal elevated recession risk:
