Weekly Economic Briefings - Us Weekly Economic Briefing
This week’s economic data confirmed that the economy got off to a strong start in Q4. Retail sales rose 1.7% in October as consumers boosted their spending in almost all categories. We now expect consumption growth of 6.3% annualized in Q4 (up from 4.8%, previously) and GDP growth of 5.6% (up from 5.1%, previously). Next year, we expect consumer spending to grow at an above-average 4.3% after a stellar 8% increase in 2021 (Figure 1). Income gains and households’ excess savings should underpin a healthy pace of outlays in 2022 even as support from emergency federal programs has expired.
- The following represents a general Table of Contents outline for the US Weekly Economic Briefing.
- The actual report may cover any or all of the topics listed below.
- US Weekly Economic Briefings
- Highlights: Briefing on events-driven analysis for the week, which varies depending upon data.
- Credit Crunch Watch:
- Financial Stress and Monetary Conditions Indicators, along with discussion of their latest movements.
- Brief discussion of latest trends in the US and Eurozone economies.
- Detailed charts of the components of the Financial Stress and Monetary Conditions Indicators.
- Credit Crunch Timeline: Summary of major economic events since the beginning of the financial crisis.
- Latest Data in Detail: Charts and analysis on the important releases of the previous week, such as: inflation indicators, consumer confidence, retail sales, durable goods orders etc.
- The Week Ahead: Scheduled key data releases for the upcoming week, including information on previous data and forecast data.
- Key Economic Indicators: The previous year’s monthly data for a number of key macroeconomic indicators, including the unemployment rate, output, retail sales, inflation, and trade balance.
- Key Financial Indicators: The previous year’s monthly data for a number of key financial indicators including: Short and long term interest rates, key exchange rates, money supply, S&P 500, and reserves.