Insight & Thought Leadership on the Global Economy

When Mark Zandi talks, people listen. This fine book (Paying the Price) evaluates the policy responses to the financial crisis and the Great Recession in his usual authoritative and objective manner—a rare combination. You should read it. — Alan S. Blinder, Economics Professor, Princeton University, and former Vice Chairman of the Federal Reserve

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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