The Economy in Focus

Third Quarter 2018

Executive Summary

September 14, 2018
George Mokrzan, PH.D., Director of Economics

In this report we address key areas of the economy that hove received a great deal of attention recently, namely: 

  • Overview of our Economic Forecast for 2018 and 2019 featuring the expected continuation of the current economic expansion. 
  • Economic Activity - Strong and broad-based.
  • Businesses are generally performing well, optimistic and increasing investment.
  • Inflation - Some moderation in the third quarter 
  • Interest Rates - Gradually rising trend 
  • Update on Labor Markets - Continued tightening 
  • Housing Markets - In transition, not decline 
  • Vehicle Soles - Fewer unit soles, but bigger vehicles 
  • International Economy - Countries with weakest fundamentals gain market attention 
  • Inflation - How hos inflation impacted you in the new millennium?

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