United States

The Real Economy: Volume 71

Election economics: Biden victory projected, Senate hangs in balance

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Joe Biden’s projected victory in the presidential race implies a possible era of significant changes to address the pandemic, expand domestic health care, modernize the nation’s infrastructure and adopt expansionary fiscal policy—all of which will define the economic policy landscape over the next two years. However, the party that controls the U.S. Senate will determine the scope of that change, and that outcome is pending the two runoffs for the seats in Georgia. 

In this issue, we examine the election’s economic impact, Federal Reserve policy, used car sales data, manufacturing index trends as well as middle market inventory and holiday spending. Download the full report.

IN THIS ISSUE

Economics of a projected Biden victory as Senate hangs in the balance

Economics of a projected Biden victory as Senate hangs in the balance

Joe Biden’s projected victory implies a possible era of significant changes to address the pandemic, expand domestic health care, and more.

  • November 10, 2020
Fed policy to remain steady amid economic uncertainty

Fed policy to remain steady amid economic uncertainty

The Fed remains the only game in town when it comes to providing sustained accommodation to an impaired economy.

  • November 16, 2020
Glory days of used car sales

Glory days of used car sales

A confluence of trends linked to the pandemic has driven the price of used automobiles up by the quickest monthly gain since 1969.

  • November 16, 2020
RSM manufacturing index breaks above two-year downtrend

RSM manufacturing index breaks above two-year downtrend

A rebound in U.S. manufacturing sentiment to the pre-trade war levels of summer 2018 implies that the economy is moving toward recovery.

  • November 16, 2020
Middle market trend watch: Inventory data and holiday spending

Middle market trend watch: Inventory data and holiday spending

A modest improvement. The RSM US Middle Market Business Index improved to 128.0 in September from 124.9 in August.

  • November 16, 2020

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