What do households (not economists) think inflation will be in three years? I use the deviation of forecast from target as a proxy measure for credibility regarding inflation.
Why Is Wisconsin Construction Booming?
Residential or nonresidential?
Guest Contribution: “Monetary Policy Reaction to Geopolitical Risks: Some Nonlinear Evidence”
Today we are pleased to present a guest contribution by Jamel Saadaoui (University of Strasbourg) and William Ginn (LabCorp, Artificial Intelligence).
Conference Board Revises 2024 Outlook Up
…to 1% y/y [1]. Their Leading Economic Indicator edges up slightly [2]. Justin Ho discussed their brightening view on Friday’s Marketplace.
Wisconsin Employment in February: Continued Growth
Employment still outstripping the November Wisconsin DoR forecast, based on SPGMI national outlook.
Economic Report of the President, 2024
Released today, full text available here.
Are You Better Off Than You Were 4 Years Ago
Per capita GDP relative to 1st quarter of new administration:
Republican Study Group Proposals
Text here.
Over 300 Years of Central Bank Rates
An interesting picture from Jim Reid/Deutsche Bank:
FOMC March SEP on GDP
2024 q4/q4 growth at 2.1% matches FT-IGM survey discussed in previous post.