Sign in Subscribe

US Economy

US Recession Fears Ease As Consumers Show Resilience: UBS

Fears of a looming US recession are receding as recent economic data points to a more resilient consumer and cooling inflation, according to a note published by UBS on August 16.  The bank highlights the recent rally in US stock markets, with the S&P 500 surging almost 7%

US Economy Grew at a Slower Pace in Q1 2024, Corporate Profits Decline, BEA Reports

The US economy expanded at an annualized rate of 1.4% in the first quarter of 2024, according to the estimate released by the Bureau of Economic Analysis (BEA) on Thursday. This represents a slight upward revision from the second estimate of 1.3% growth, but still signals a significant

Analysts Predict Double-Digit Earnings Growth for S&P 500 in 2024 and 2025, FactSet Reports

Industry analysts are projecting strong earnings growth for the S&P 500 in both 2024 and 2025, with double-digit growth anticipated in both years, according to a note published by FactSet. Analysts collectively predict that the S&P 500 will report year-over-year earnings growth of 11.3% in

Global Manufacturing Growth Gains Momentum in May

The global manufacturing sector continued its recovery in May, with output and new orders expanding at a faster pace, according to the latest J.P.Morgan Global Manufacturing PMI released on Monday. The PMI, a composite index tracking manufacturing activity across major economies, rose to a 22-month high of 50.

US Commercial Real Estate Faces Repricing Risk as Debt Maturities Loom

The US commercial real estate (CRE) market is navigating a challenging landscape, with rising vacancy rates, declining valuations, and a looming maturity wall threatening to further weaken the sector, according to a note published by the Federal Reserve Bank of St. Louis on Thursday. The note highlights the potential for
US Commercial Real Estate Faces Repricing Risk as Debt Maturities Loom

US Economy Slows in Q1 2024 as Corporate Profits Decline, BEA Reports

The US economy grew at an annualized rate of 1.3% in the first quarter of 2024, a significant slowdown from the 3.4% growth recorded in the fourth quarter of 2023, according to the estimates released by the Bureau of Economic Analysis (BEA) on Thursday. This revised figure is

Global House Price Declines Moderate Further in Q4 2023, BIS Reports

Global house prices continued their downward trajectory in the fourth quarter of 2023, though at a more moderate pace, falling by 1.2% year-on-year (yoy) in aggregate and in real terms, according to the latest statistics released by the Bank for International Settlements (BIS). The recent decline in global house
Global House Price Declines Moderate Further in Q4 2023, BIS Reports

Outlook for Japanese Yen Remains Weak, Goldman Sachs Predicts

The Japanese yen is projected to remain weak in the coming months, according to an analysis by Goldman Sachs on Wednesday. Despite hitting a 33-year low against the US dollar in April, analysts at the firm believe the yen could stay at or above 150 to the dollar for the

Global Commercial Property Market Still Searching for a Bottom, MSCI Research Says

The global commercial property market remained stuck in a downturn in the first quarter of 2024, with deal volume plunging to its lowest level in over a decade, according to a note published by MSCI Research last week. While some signs point to a potential narrowing of the gap between

US Consumers Tightening Their Belts as Economic Headwinds Mount, Moody's Analytics Reports

American consumers, the driving force behind recent US economic growth, are adopting a more cautious approach to spending as various economic headwinds gather strength, according to a report by Moody's Analytics published last week. While consumer spending has single-handedly fueled GDP growth for the past three quarters, contributing