2027 Economic Outlook Conference
2027 Economic Outlook Conference In times of uncertainty whether you are running a business or planning your investments, knowledge can be your most valuable asset. Stephen Slifer, Owner and Chief Economist at NumberNomics will provide insight regarding what...
Interest Rate Levels Will Not Short Circuit the Economy
October 9, 2026 The Federal Reserve raised the funds rate by 0.25% last month with another 0.25% increase expected in December. The total increase of 0.5% would boost the funds rate to 4.1% by yearend. The recent increase in long-term interest rates, however, has...
Trade Deficit
October 6, 2026 The trade deficit for August widened by $12.7 billion to $105.6 billion after having widened by $21.6 billion in July. As a result, the trade component of GDP should subtract roughly three percentage points from GDP growth in the third quarter. ...
Purchasing Managers Index — Nonmanufacturing
October 5, 2026 The Institute for Supply Management not only publishes an index of manufacturing activity each month, they publish two days later a survey of service sector firms. The business activity index for the service sector fell 5.2 points in September to...
Inflation Poised to Slow — Fed on the Sidelines
October 2, 2026 The string of positive economic indicators continued this week as GDP growth for the first half of the year was revised upwards and third quarter growth seems likely to be even more robust. Is the Fed is supposed to worry about growth that is...
GDP, Inflation, and Interest Rate Forecasts
October 2, 2026 We expect a 3.5% GDP growth rate in the third quarter of this year which would give us 2.6% growth for the year as a whole. We expect 2.6% GDP growth in 2027. Given the GDP forecast above, we expect the unemployment rate to be steady at 4.1% at the...
Payroll Employment
October 2, 2026 . .Payroll employment rose by 29 thousand in September after climbing by 133 thousand in August. In the past three months payroll employment has risen on average by 51 thousand per month .The labor market seems to be improving slowly but...
Private Employment
October 2, 2026 . Private sector employment rose by 46 thousand in September after climbing by 89 thousand in August. In the past three months private sector employment has risen on average by 54 thousand per month .The labor market seems to be improving slowly...
Unemployment Rate
October 2, 2026 OK The unemployment rate rose 0.1% in September to 4.2% after having been unchanged in August. The labor force jumped by 485 thousand in September while employment rose by 406 thousand. As a result, the number of unemployed workers rose by 78...
Nonfarm Workweek
October 2, 2026 In any given month employers can boost output by either additional hiring workers or by lengthening the number of hours that their employees work. Payroll employment rose by 29 thousand in September. At the same time the nonfarm workweek was...
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