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Jul 18 2019

Updated Industrial, Consumer, and Inflation Outlooks

Revival hopes have again taken hold, based on the perception of a strong jobs market underpinning consumer spending and inflation. But, is this backed up by the data?

This report includes:

- Updates to ECRI's full array of leading indexes for the U.S. economy

- Analysis of the industrial sector, with a look at ECRI's U.S. Leading and Coincident Manufacturing Indexes

- An update to our consumer spending outlook, including the U.S. Leading Index of Consumer Spending

- Analysis of the recent uptick in core inflation measures, in the context of ECRI's updated inflation outlook

- Discussion of monetary policy implications

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