25 January 2021 Economic Outlook Report

By: Taro Chellaram /Wells Fargo Economics & Financial Report/Jan 30, 2021

25 January 2021 Economic Outlook Report

In the second installment of our series on economic risks in the foreseeable future, we analyze the potential for higher inflation in coming years stemming from excess demand. Multiple rounds of direct government aid have left many households flush with excess savings which, coupled with pent-up demand, could lead to robust consumer spending that causes prices to shoot higher as the year progresses.




This Week's State Of The Economy - What Is Ahead? - 29 September 2023

On the housing front, new home sales dropped more than expected in August, though an upward revision to July results left us about where everyone expected us to be year-to-date.

This Week's State Of The Economy - What Is Ahead? - 14 April 2023

In March retail sales fell 1.0%, manufacturing production slipped 0.5% and the consumer price index rose a modest 0.1%.

This Week's State Of The Economy - What Is Ahead? - 25 March 2022

The fact that capital goods shipments surprised on the upside was one of the few things that went right in this week\'s durable goods report.

This Week's State Of The Economy - What Is Ahead? - 04 November 2022

Employers continued to add jobs at a steady clip in October, demonstrating the labor market remains tight and the FOMC will continue to tighten policy.

This Week's State Of The Economy - What Is Ahead? - 09 April 2021

This week\'s economic data kicked of with a bang. The ISM Services Index jumped more than eight points to 63.7, signaling the fastest pace of expansion in the index\'s 24-year history.

This Week's State Of The Economy - What Is Ahead? - 09 September 2022

The ISM services index came in stronger than expected, and the underlying details pointed to service sector resilience with business activity and new orders notching their highest reading this year.

This Week's State Of The Economy - What Is Ahead? - 18 August 2023

The FOMC meeting minutes acknowledged the economy\'s resilience and continued to stress the Committee\'s resolve to bring inflation back down toward its 2% goal.

This Week's State Of The Economy - What Is Ahead? - 02 June 2023

This week, Congress and the president prevented what would have been the first default in U.S. history by agreeing to suspend the debt ceiling through the end of 2024.

This Week's State Of The Economy - What Is Ahead? - 10 November 2023

Sometimes, the impact of higher rates is quite obvious, such as the series of bank failures that occurred earlier this year.

This Week's State Of The Economy - What Is Ahead? - 17 June 2022

After last week\'s stronger-than-expected CPI, less surprising was the 75 point rate increase put forth by the Fed.


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