Category Archives: Economic Outlook

Economy Grows for 19th Consecutive Month, But Pace Slows

Economic activity in the manufacturing sector grew in December, with the overall economy achieving a 19th consecutive month of growth, say the nation’s supply executives in the latest Manufacturing ISM Report On Business. “The December Manufacturing PMI registered 58.7% , … Continue reading

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Economy Watch: Improvement to Continue in 2022, Purchasing Agents Say

The U.S. economy will continue to improve, say the nation’s purchasing and,  supply management executives. This expansion, detailed in the December 2021 Semiannual Economic Forecast.  will continue a growth trend that began in June 2020. Revenues are expected to increase in … Continue reading

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Despite Omicron, Stronger-Than-Expected Economy Seen in 2022

The recent arrival of the omicron variant of the coronavirus is not great news for the U.S. economy, not least because 70% of the economy relies on consumption, a fact demonstrated by the fact that through the courst of the … Continue reading

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Leading Indicators Rise a Bit, Signaling Continued Confidence

Global supply chain issues causing shortages in everything from Christmas presents to labels for wine bottles to imported bev/al products are taking a toll, but consumers remained optimistic. That’s according to the Conference Board Leading Economic Index which rose 0.2% … Continue reading

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Economy Watch: New Orders, Production Growing, Jobs Contracting

The overall U.S. manufacturing economy notched a 15th consecutive month of growth in August, according to the Manufacturing ISM Report on Business.  New orders were up, as was production.  The Prices Index declined 1.5 percentage points to 79.4%, its first … Continue reading

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More Than One in Seven Social Safety Net Recipients in 2017 Were College Graduates

While adults without any post-secondary education made up the majority of participants in four key social safety net programs, college-educated adults account for over a third of some programs’ recipients. These findings come from tables recently released by the U.S. Census … Continue reading

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