Insight & Thought Leadership on the Global Economy

He really has the ability to put aside any pre-existing agenda and just talk facts to almost everybody — Barney Frank, U.S. Representative for Massachusetts’s 4th Congressional District

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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