U.S. Outlook

Losing Steam

Despite a highly restrictive monetary policy, the U.S. economy continues to outperform expectations. Real GDP growth in the first half of the year advanced by 2.0 per cent annualized and will accelerate with 2.5 per cent growth in the third quarter.

November 16, 2023  •  20-min read

Previous Release

Woman using ear buds to listen to news with her mobile. New York City in the background.

Recession Fears on Hold … for Now

August 1, 2023

The U.S. economy should avert a major recession over the near term, but much depends on how quickly inflation returns to the 2.0 per cent target as this would enable the Fed to halt interest rate hikes.

Impact paper  •  33-min read


Principal Economist

Become a Subscriber

Get the information behind the headlines. The Complete Access Economics Package delivers key intelligence to your fingertips so you can act on critical opportunities with confidence.