A source for unbiased economic intelligence to help improve strategic decision-making.
What’s impacting labor market participation? Why are some sectors faring better than others? How do you separate the signal from the noise? KPMG Economics answers these questions and more, providing timely insight and analysis into the economic indicators. We monitor trends and identify potential opportunities that could impact your strategic objectives. Our perspectives look at both the short-term and long-term economic factors that are critical to guiding strategic decisions.
Narrowly averting recession: Decoupling, de-escalation and weathering storms
Business investment slackens.
Construction in the crosshairs: Downside risks via shifts in trade and immigration policy
Immigrant workers helped cool excessive wage growth.
Gaming out trade wars: Parsing the impact
De-escalation is still possible.
Global Navigator from KPMG Economics
Higher rates impede private investment and worsen fiscal outlook.
Navigating increasingly complex supply chains: Five trends shaping the economic landscape
Inflation risks rise.
The care crisis: Eldercare collides with childcare
The advent of GenAI and the ways it can upskill formal care providers should reduce costs and improve care.
The parental work disruption index: A new measure of the childcare crisis
Lack of access to childcare results in millions of lost work hours, which have downstream effects on productivity.
KPMG Economics distributes a wide selection of insight and analysis to help businesses make informed decisions.
Economic Coordinates
Explore analysis of key data indicators, such as job creation and the labor market, consumer spending, inflation, investment, housing and monetary policy. These combined data points are indicators of the overall health of the economy.
Household debt is reverting to pre-pandemic levels
Consumer spending is likely to slow this year.
Retail sales underperformed in April
Consumer attitudes have deteriorated.
Calm before the storm
CPI suggests Fed’s preferred inflation measure will rise 0.1% for April.
Consumers took on more debt ahead of tariffs
There is a risk of more delinquencies.
April payrolls defy expectations
The labor market remained solid in April.
Labor market holds steady
The premium for job switching has disappeared.
Job creation slows in April
Retail is expected to remain tepid as retailers brace for the effects of tariffs.
Fewer job openings so far for 2025
Unemployment and inflation are expected to rise.
Powell in “wait and see” mode
The Fed is in no hurry to decide on rates.
The Fed retreats to the sidelines
Some of the damage to the economy is already underway.
Stubbornly high inflation and heightened uncertainty sideline Fed
Powell was clear that tariffs had influenced the forecasts for growth.
Opposing views within the Fed
Other measures of inflation reveal more stickiness to inflation.
Multifamily housing starts expanded
There is no silver bullet.
New Home Sales Surge
The housing market is facing significant headwinds.
New residential construction dives
Home builders tighten their belts.
New home sales rise despite high mortgage rates
Consumer sentiment is souring.
Industrial production flagged after tariffs were announced
The auto industry appears to be headed toward stagflation.
Trade deficit soars to record high
More imports weighed on GDP.
Construction spending fell broadly in March
The construction industry... is not immune to supply chain disruptions, retaliatory tariffs or slowing business investment.
Few tariff-related jitters evident in durable goods orders for March
Non-defense capital goods ex-aircraft rose 0.1%.
Access to business loans tightens
A less favorable economic outlook
Banks are tightening credit
Banks tightened lending standards at year-end.
Loan demand weakens
There is reason for the Federal Reserve to further cut interest rates.
Bank lending is improving for consumers
Expect more rate cuts.
Assessing LATAM potential
Latam growth slow but steady in 2025.
Look for weaker growth in Latam in 2025
Fiscal sustainability remains a concern.
Five key considerations as US faces port strike
45,000 dockworkers on the East Coast and Gulf Coast are poised to strike on October 1st unless a last-minute deal is brokered.
Latin America: Growth outlook hampered by sticky inflation
Inflation progress will slow.
Webcast
Register today for our April 10, 2025 Quarterly Economic Outlook with Chief Economist Diane Swonk
KPMG Economics distributes a wide selection of insight and analysis to help businesses make informed decisions.