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.
An Olympic challenge: Prospects for a soft landing vs. a recession
Higher productivity enables firms to absorb higher costs and discounts, without turning to layoffs.
Global Navigator from KPMG Economics
The 2050 Global Outlook
Global supply chain fragility: Five trends and their impact on the global economy
Expect disruptions to global supply chains to increase from several directions.
Groundhog day: Structural change watchlist
Structural shifts influence the contour and length of any given business cycle.
Crisis in childcare and the state of work in America
Access to childcare is becoming a headwind to economic growth.
Consumer defiance pays off
Stronger than expected growth in the second quarter.
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.
Fed’s favored inflation measure subdued
An increase in prices at the grocery store offset a sideways movement in energy costs.
Discerning consumers are still shopping
Growth on the heels of discounting is a good combination.
Inflation cools to March 2021 pace
Inflation continued to show signs of cooling in July.
Consumer credit expanded less than expected
Consumers are reluctant to take on more debt.
A subdued rebound
Federal Reserve Chairman Jay Powell said the rise in unemployment is due to an increase in participation, not layoffs.
Job openings diminished in July
The risks to the labor market remain to the downside.
Employment hit a wall in July: Sahm Rule breached
We expect double the number of rate cuts compared to just a month ago.
Job openings have leveled off
If the unemployment rate increases further, that could trigger the "Sahm Rule," an early recession indicator.
Fed opens door to rate cuts
The Fed needs further confirmation that the improvement in inflation is sustained.
Fed preps for rate cut
The risk of under-tightening rates is now balanced with that of overtightening.
Fed pauses, leans toward one cut
Wage growth has moderated but is still at a level that is higher than what is consistent with a 2% inflation target.
Debate within Fed heats up
Powell has been more concerned than some of his peers about unemployment.
New home sales spiked in July
Residential investment is no longer expected to drag down growth.
Housing starts plunge
Home buyers are holding out for lower rates.
New home sales lowest since 2023
Supply of new homes for sale rose.
Housing starts expanded in June
Multifamily construction led the results.
Durable goods orders surge almost 10%
Forward-looking orders seem to signify caution due to election uncertainty.
Heavy manufacturing and industrial production still on downhill track
Autos and Hurricane Beryl's effects on utilities dragged down industrial production in July.
Trade deficit narrows less than expected
Deficit likely to widen in fourth quarter.
Construction spending lost ground in June
Materials cost inflation has cooled significantly.
Bank lending is improving for consumers
Expect more rate cuts.
Bank lending standards ease in Q1
Nearly all banks cited less favorable or more uncertain outlooks for CRE.
US financial stability risks
Policy uncertainty remains a key concern for us.
Bank lending standards ease slightly
We are moving away from peak restraint when conditions were the tightest in the first half of 2023.
Webcast
Register today for our September 25, 2024 Quarterly Economic Outlook with Chief Economist Diane Swonk
KPMG Economics distributes a wide selection of insight and analysis to help businesses make informed decisions.