The Economy in Focus: Q1 2018

Executive Summary

March 26, 2018
George Mokrzan, PH.D., Director of Economics

In this report we discuss three important areas of the economy that have received a great deal of attention recently, namely:

  • Economic Growth has given some mixed signals, but fundamentals are pointing to solid economic growth in 2018. “The Tax Cut and Jobs Act of 2017” is expected to be a catalyst as the year progresses.
  • Core consumer inflation has been steady, but inflation has been broadening in the economy overall. Future interest rates will likely reflect a “normalizing” inflation and interest rate environment.
  • Business Activity has been accelerating, and 2018 is expected to show the strongest overall growth since 2005. Conflicts over International trade pose a potential risk. However, if new improved trade terms result for the U.S., then U.S. export growth could benefit in the long-term.

Read the entire report

Huntington Private Bank® is a team of professionals dedicated to delivering a full range of wealth and financial services. The team is comprised of Private Bankers, who offer premium banking solutions, Wealth and Investments Management professionals, who provide, among other services, trust and estate administration and portfolio management from The Huntington National Bank, and licensed investment representatives of The Huntington Investment Company, who offers securities and investment advisory services. Huntington Private Bank® is a federally registered service mark of Huntington Bancshares Incorporated.