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Business-to-Business Activity Was Flying Too High

As we were evaluating the data for US Nondefense Capital Goods New Orders (excluding aircraft), we noticed a...

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Rising Debt, Flat Profits, and the Future

The US government taking on more and more debt is a frequent topic of conversation. Oftentimes, the matter of US...

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A Sign of Life in a Key Nonresidential Construction Leading Indicator

Early in the COVID-19 pandemic, decline was nearly universal in economic metrics across most sectors, including...

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The Consumer Is Still Spending – But Where?

Amidst the economic recession triggered by the COVID-19 pandemic, consumer spending has contracted. Yet the decline...

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Economic Impact on Financial Markets Through 2029

How the coming decade plays out is going to be different than the last three years and the last 10 years. Change may...

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The Results Are In: This Is What Changed for 2021-2022

The last thing the economy needed in light of all the uncertainty created by COVID-19 and the government’s...

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