Real GDP for 3Q23 came in 1.3% above our forecast average. Personal Consumption Expenditures for Household Services fueled much of the growth, followed by consumers buying goods,...
Continue Reading94.7% FORECAST ACCURACY || BUSINESS-MINDED ECONOMISTS || UNBIASED AND APOLITICAL
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Real GDP for 3Q23 came in 1.3% above our forecast average. Personal Consumption Expenditures for Household Services fueled much of the growth, followed by consumers buying goods,...
Continue ReadingExecutive Insights Strategic Planning
One of the most frequent questions we are getting lately is “Has your outlook for 2023 changed?” The answer: yes and no.
Continue ReadingExecutive Insights Internal Forecasting
There is a common desire to pinpoint a cause for an event. Frequently, we are asked: Why will the US macroeconomy avoid recession during this business cycle? What will be the cause of the...
Continue ReadingExecutive Insights Internal Forecasting
If you follow ITR Economics or have heard any of our speakers lately, you have undoubtedly heard us say that we expect a "soft landing" for 2023. It is important to note that the soft...
Continue ReadingYou’re going to be noticing something a little different from our forecasting. In our effort to guide you through these especially tumultuous times, we are starting to issue "wartime...
Continue ReadingThe headlines around Germany, Europe’s largest economy, present you with a mixed view of where things are going. Even well-respected outlets are posting contradicting outlooks of recession...
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