Tag Archives: ING

Economy Watch: Recession Threat Is Rising, ING Says

Posted on July 13, 2022 by Joel Whitaker

“U.S. inflation is above 9%, but it is the breadth of the price pressures that is really concerning for the Federal Reserve,” says James Knightley, chief economist at ING Economics. “With supply conditions showing little sign of improvement the onus … Continue reading →

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Economy Watch: U.S. Spending Breakdown Fuels Recession Fears

Posted on June 30, 2022 by Joel Whitaker

U.S. consumer spending has been revised sharply lower through the first four months of the year, and with May now reporting an outright contraction it is clear that the trajectory of the US economy is not looking good. Further interest … Continue reading →

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Economy Watch: Full Order Books, Rising Energy Prices = Continued Growth: ING

Posted on May 17, 2022 by Joel Whitaker

ING Economics is projecting second-quarter GDP will top 3%. Output rose 1.1% month-on-month in April versus the 0.5% consensus with manufacturing up 0.8% (consensus 0.4%), utilities up 2.4% and mining up 1.6% with oil and gas drilling up 3.2%. Manufacturing … Continue reading →

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