What Slowdown?

January 19, 2024 Most economists expect the economy to slow in the first half of 2023 and some still anticipate a recession in the months ahead.  That appears to be an increasingly unlikely scenario.  The economy closed out last year on a strong note and that strength...

The Year Ahead – 2024

December 15, 2023 Looking ahead to 2024 the economy should largely shrug off the remaining impact of high interest rates and not slip into recession.  Inflation should continue to trend lower but its rate of descent will be less pronounced than in this past year.  It...

The Acute Housing Shortage

July 21, 2023 After a promising start at the beginning of the year, existing home sales have fallen steadily in recent months to the lowest level in years.  On the surface it appears that the housing sector is experiencing serious difficulty.   While it is  true that...

The Beat Goes On

July 7, 2023 At midyear 2023 the economists who suggest that the economy will slip into recession in the second half of the year must be feeling nervous.  The service sector of the economy rebounded in June.  The employment report for June was solid with a 209...