The Real Economy: Volume 46
Holiday spending should be robust (with an asterisk)
THE REAL ECONOMY |
Favorable employment and income dynamics in the U.S. economy should result in robust holiday spending, with a sales increase well above the rise posted in 2017. We expect an increase to $735.5 billion from the $691.9 billion mark a year ago. However, the primary catalyst for our optimistic forecast is increased spending to avoid higher tariff-driven prices, and there is evidence that accelerated spending has already begun.
In this issue of The Real Economy, we explore this topic and more, including federal funds rate hikes, NAFTA modernization and tariff challenges for middle market consumer and industrial products companies. Download the full report.
IN THIS ISSUE
Favorable employment and income dynamics in the U.S. economy should result in a robust period of holiday spending this year.
The FOMC has increased the target range for the federal funds rate, signaling a more restrictive policy in the future.
The United States-Mexico-Canada Trade agreement (USMCA) includes an important chapter on small and medium-size enterprises.
Barring a resolution with China, tariffs will increase in the near future. Learn how tariff effects will vary widely from state to state.
Tariffs are presenting challenges and opportunities for consumer and industrial products companies. Learn how they're responding.