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.
We’re not in Kansas anymore...The view from Washington
Debate over whether the first rate cut will occur in June will be heated.
KPMG Global Economic Outlook
A prospective outlook on the global economy.
Industry Insights with KPMG Economics
Discussions around the latest trends and what the future might hold across key industries with Chief Economist Diane Swonk
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.
Retail sales increased in February
Consumers regained their footing.
Household net worth reaches new high
Healthy household and corporate balance sheets could continue to surprise to the upside.
Service sector inflation looks sticky
The Fed needs to see a further cooling in inflation before cutting rates.
Jump in January consumer credit needs context
Continued robust consumer spending and lower interest rates suggest consumer credit will continue to increase.
Job market still cooling
Many workers are likely to be settled in their jobs, especially after the reshuffling that occurred in 2021 and 2022.
Employment gains solid, earnings rebound
Job gains have remained concentrated in healthcare and social services, leisure and hospitality and state and local government.
Ratio of job openings to job seekers is flat
Job openings declined in goods industries.
Payroll employment poised to slow
Average hourly earnings are expected to rise 4.4% from a year ago, a slight moderation from the 4.5% pace of January.
Powell stays the course
The Fed no longer believes that a recession is necessary to get inflation down.
Debate likely to flare in March
Doves worry that the Fed could overshoot on hikes.
A hawkish hold
The Fed is “not declaring victory at this point.
February falls flat
Only 19% of consumers believe it is a good time to buy a house.
February housing starts soared
Builder sentiment has reached positive territory for the first time in eight months.
Investment slump eases in durable goods
Orders for computers and electronic products took a breather.
Industrial production expanded
Some notable bounce-backs occurred for industries associated with the housing sector.
Trade gap widens
The goods deficit increased with countries such as Canada, Japan, South Korea, Taiwan and India.
January construction spending fell flat
Labor shortages remain a critical concern for all areas of construction.
Bank lending standards ease slightly
We are moving away from peak restraint when conditions were the tightest in the first half of 2023.
Taking fewer chances
Banks tighten credit for consumers and small to mid-size businesses.
Financial Stability Risk
The economy has remained remarkably resilient this year.
Access to credit is tightening
Powell was right.
KPMG Economics distributes a wide selection of insight and analysis to help businesses make informed decisions.