Insight & Thought Leadership on the Global Economy

He is a master of digging up data and then explaining it in a language foreign to most economists: plain English — David Leonhardt, Washington Bureau Chief, The New York Times

U.S. Macro Outlook: Curb Your Enthusiasm

The U.S. economy is holding up well despite mounting fiscal headwinds, at least so far. Real GDP growth in the first quarter is tracking close to 2%, about average since the recovery began nearly four years ago. Consumers seem unfazed by the tax increases that took effect this year, and although the government’s spending cuts hurt, they have yet to significantly undermine growth.

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