Economic Reconnaissance | Some Notes on the Current Economy

Economy

Q3 Real GDP estimates showed surprising growth of 4.9%, largely on the back of stable consumer spending, strong nonresidential construction, some mild inventory building activity, and government spending. Forecasts for next year show a weaker Q1 and Q2 potentially. Manufacturing…

What is Going On in the Automotive Sector?

Automotive Industry

The dominant story in the vehicle sector at the moment is the UAW strike and as one would expect the situation changes by the hour. The strike that has been called affects Ford, General Motors and Stellantis (Chrysler). This is…

Economic Reconnaissance

Thus far this year the US economy has managed to dodge the expected recession and there has been many a sigh of relief as the worst of the predictions have not come to pass. For those that have been paying…

Economic Reconnaissance

Here we are again. The people who are supposed to know what is going on are not very helpful. There are all the standard economist jokes for times like this. “Put five economists in a room and get five different…