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.
Global Navigator from KPMG Economics
Lights, camera, cut…interest rates
Powell sets sights on salvaging soft landing: Mapping the descent in rates
A flip from inflation fighting to economic stimulus.
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.
Discerning consumers are still shopping
Growth on the heels of discounting is a good combination.
Household net worth is expanding
Household financial assets rose again in the second quarter, but not as much.
Inflation reaches slowest pace in three years
Today’s data confirm that we remain on track for inflation to come closer to its 2% target in early 2025.
Consumer credit surged in July
We expect the Federal Reserve to cut interest rates one full percentage point in 2024, starting in September.
Employers posted fewer job openings during the summer
The Fed is now more worried about unemployment than inflation.
Payrolls fall short
Anecdotal reports suggest that entry-level workers are now seeing a cut in pay.
Signs of weakness in the labor market
There are concerns the Fed has ratcheted rates too high.
A subdued rebound
Federal Reserve Chairman Jay Powell said the rise in unemployment is due to an increase in participation, not layoffs.
Powell moves to seal his legacy
The Fed has started the rate-cutting cycle with an outsized move.
Fed poised to cut
The Chairman probably doesn’t have the votes for a half-point cut now.
Europe eases again
Inflation has been in decline for nearly two years.
Fed opens door to rate cuts
The Fed needs further confirmation that the improvement in inflation is sustained.
New home sales have not yet caught up to lower rates
Housing market will boost economy in 2025.
New home construction soars
Homebuilder sentiment remains cautious.
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.
Durable goods hold onto recent gains
Today’s orders data supports the view that a soft landing is still achievable.
Industrial production posted solid gains in August
Industrial production remains flat on an annual basis.
Imports jump, widening the trade gap
The depreciating dollar is a factor.
July construction peters out
Construction is softening in the face of labor and financing challenges.
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.
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.
Global Navigator from KPMG Economics
Central banks eye global soft-ish landing
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.