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One of the challenges of planning for a more secure financial future comes in understanding the market and economic forces that affect investment performance and influence investment decisions. To help illustrate the full economic picture to our clients, financial professionals trust the experienced economists and dedicated analysts of the Nationwide Economics team for their timely perspective and relevant viewpoint that’s easy to understand and can be applied to specific financial planning situations.
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Articles by this Author
- How Has the Pandemic Impacted Inflation
- Consumer activity slows to close 2022: Weekly Economic Review & Outlook
- Cooler inflation numbers are encouraging: Weekly Economic Review & Outlook
- Labor demand remains unbent by higher rates: Weekly Economic Review & Outlook
- Risk assets turn higher, but risks remain sizeable
- Podcast: Interview with NMI’s author, Bryan Jordan
- Slower momentum entering the new year: Weekly Economic Review & Outlook
- Podcast: 2023 Economic Outlook
- Stronger end to 2022 as consumers continue to drive economic growth
- The Fed downshifts, remains hawkish: Weekly Economic Review & Outlook
- Podcast: FOMC strikes a hawkish tone
- Growth accelerates, but likely to be short-lived
- Service sector still shows solid growth: Weekly Economic Review & Outlook
- Podcast: Job and wage growth stronger than expected
- Continued growth even as clouds build over the outlook for 2023
- Consumer resiliency shines through: Weekly Economic Review & Outlook
- Podcast: Holiday Shopping Outlook
- Inflation and rising rates are squeezing consumers
- An unexpected inflation reprieve: Weekly Economic Review & Outlook
- Another supersized rate hike from the Fed: Weekly Economic Review & Outlook
- Podcast: The Fed raised rates again. How many more hikes could be on the way?
- Nationwide Market Insights Podcast: Q3 GDP: Recession fears subside, for now
- More treats than tricks in third quarter GDP: Weekly Economic Review & Outlook
- Further rate increases should set the stage for a recession within the next year.
- Expectations point to further declines in home sales ahead
- Nationwide Market Insights Podcast: Risk factors for economic growth, part 2
- Will further Fed rate hikes lead to a recession?
- How Financial Professionals can Help Clients Save for College: 529 Plans
- Core inflation rises to new peak and retail sales have flatlined
- Why Clients Need a Financial Plan for College
- Nationwide Market Insights Podcast: Risk factors for economic growth, part 1
- Continued momentum for the labor market
- Asset prices remain under pressure as Fed stays aggressive
- High inflation weighing on consumer activity
- Fed continues its aggressive inflation fight
- The Fed announced a third consecutive 75 basis point rate increase as inflation trends remains hot.
- The Fed stays aggressive: Daily Insight from Nationwide Economics
- Markets retest lows as growth concerns rise
- Bad inflation print despite lower gas prices
- Housing has weakened, but the Fed is unlikely to alter its rate tightening path
- Mixed signals on service sector growth
- The labor market is still extremely tight and manufacturing continues to expand
- Housing market continues to cool: Nationwide Market Insights Podcast
- New home sales tumble, but core inflation slowly retreating
- August Monthly Dashboard: Strong job growth and slower inflation boost the near-term outlook, but clouds remain for 2023
- Core retail sales up solidly, but housing market slows further
- A second consecutive quarter of real GDP declines, while job growth accelerates
- Broadly encouraging price data
- Nationwide Market Insights Podcast: Job gains provide more evidence that we’re not in a recession now
- Booming jobs report caps a positive week of economic data
- A second consecutive drop in real GDP — recession or not?
- Nationwide Market Insights Podcast: FOMC moves aggressively (again), hoping to slow inflation. Will it work?
- Existing home sales have fallen significantly this year
- How does La Nina impact the economy?
- Inflation continues to gather steam
- Nationwide Market Insights Podcast: Are we in a recession now?
- The labor market shows resilience with strong job growth
- Nationwide Market Insights Podcast: Quarterly Report for Q3 2022
- Weaker data add to recession fears
- Rapid inflation threatens to derail the expansion as the Fed hikes sharply again
- Nationwide Market Insights Podcast: A rough start to 2022 (20 min)
- Monthly Review: Rising inflation, stagflation, soft landing, or recession ahead?
- Consumers are getting scorched by hot inflation
- How is inflation impacting the consumer? (Podcast): Nationwide Market Insights
- Housing market may have peaked
- Mixed signals from economic data
- Nationwide Market Insights Podcast: Can the Fed achieve a soft landing?
- March Monthly Dashboard: Russian invasion of Ukraine and the start of Fed tightening cloud the outlook
- Podcast: Will there be a post-Omicron economic boost? (17 min)
- The Fed starts a tightening campaign
- Podcast: The Fed begins to tighten: Prelude to a recession? (19 min)
- Podcast: Will inflation go higher and when could conditions improve (16 min)
- Strong employment report cements Fed move
- Podcast: Booming job growth reflects considerable momentum (14 min)
- Powell injects a note of caution
- February Monthly Dashboard: Growth and rapid inflation should prompt more restrictive Fed policy
- Podcast: Inflation Is Still Soaring (15 min)
- November Monthly Dashboard: Inflation moves higher, expansion reaccelerating
- More mixed housing data imply continued supply constraints
- Podcast: October 2021 Housing Market Update
- Inflation remains high, but it may be stabilizing
- Expansion hits a bump in the road as supply constraints linger
- September employment report podcast
- Jobs report not as bad as the headline
- Nationwide Market Insights: Quarterly Report, Q4 2021
- Spending fundamentals fading a bit
- Nationwide Market Insights: Interest Rates
- Fed tapering is coming soon; tightening later
- September Monthly Dashboard: Economic growth decelerates in the face of Delta and supply headwinds
- Nationwide Market Insights: September Fed Meeting
- Modestly better economic data
- September Economic Review: Economic growth continues but slowed by supply constraints/Delta variant
- Policy changes do not come easily
- Signs of Delta on both demand and supply
- Solid, but modestly slowing, economic data
- Delta variant and supply chain headwinds, but still solid forward momentum
- Mostly weaker economic data
- Recovery ends and expansion begins
- Inflation moderates but remains above-trend
- Summer heats up for job gains
- Solid data, but below expectations
- Strong sellers’ market for housing continues
- The recovery has ended and the expansion begun
- Inflation surges again but softer gains likely ahead
- Post-pandemic boom continues, but held back by supply-chain problems
- Service sector starving for workers
- Hiring breaks out to the upside
- The housing market cooled off this spring
- Supply-side constraints are having an impact
- Economy is strong, despite supply issues
- Inflation spike likely at its peak
- Hiring accelerates but labor supply still a concern
- Strong demand but supply constraints across the economy
- Strong economic growth to continue
- Jobless claims are plummeting
- Volatility endemic to high-flying markets
- Perceptions of job availability soar
- Well-being disparities likely to influence Fed policy
- Lack of supply and rising costs constraining housing
- More signs of a robust labor market
- Fed inches toward tapering
- China’s population growth continues to slow
- The economic boom is here
- How well do consumers anticipate inflation?
- Inflation spikes but underlying trend is more stable
- Jobless claims fall again
- Inflation takes off
- Second year dynamics may be taking hold
- Fed flags financial stability risks
- April job gains fall far short of expectations
- Early cycle productivity boom underway
- Bank lending standards continue to ease
- Commercial real estate faces structural risks
- Supply chain dislocations evident throughout ISM report
- Economic growth spurts to start 2021
- Booming recovery still gaining momentum
- Fed stays the course
- Confidence shoots higher
- Grain prices continue to soar
- Housing market thaws from February’s freeze
- Ready or not, here comes the boom
- Stocks retreat on capital gains plan
- A surprisingly hawkish BoC meeting
- P&G announces price hikes
- Wage growth to soften
- A booming month for consumer spending
- Another stunning retail sales report
- Bank earnings reflect brimming optimism
- Inflation remains muted
- April Economic Review: The boom is beginning
- First quarter earnings set to soar
- The service sector rebound takes off
- Rent prices reflect large-scale migration
- Trade balance reflects diverging recoveries
- More job gains to come
- More signs of normalcy in society
- March job gains were hot, hot, hot
- Infrastructure plan diminishes both headwinds and tailwinds
- A head-fake first quarter?
- Confidence spikes higher
- Leverage is cyclical
- Severe winter weather chills the housing market
- March Monthly Dashboard: Signs of post-pandemic economic acceleration
- GDP closes in on a full recovery
- A booming factory sector, even in Europe
- Bull run off to a robust start
- Rates likely a very modest drag on housing
- Substantial weather drag for February activity
- March Economic Review: The economy springs forward as vaccinations expand and cases, restrictions continue to fall
- Inflation still modest for now
- Net worth jumps again
- Core inflation remains muted
- Labor shortages growing acute
- Another massive stimulus bill nears passage
- Capex remains on a solid path
- Beige Book hints at coming pickup in activity
- NFT boom another sign of ample liquidity
- Manufacturing remains robust even as price pressures intensify
- Expectations of growth/inflation send longer-term interest rates higher
- February Monthly Dashboard: Stimulus fuels economic growth acceleration
- Claims fall sharply
- Powell maintains a dovish stance
- Confidence rises again
- Rising Treasury yields far from a red flag
- Stimulus fuels a spending surge
- Claims back on the climb
- Retail sales boom
- Another bitcoin milestone
- February Economic Review: A slower start to 2021, but better days are ahead
- Inflation up, driven by rising energy prices
- Jobless claims move lower again
- Core inflation remains tame
- Rising quits rate another sign of labor market confidence
- Negative rates not imminent, but possible longer-term
- Employment data not as strong as hoped
- Visibility picking up
- Tailwinds for the consumer continue to build
- CBO forecasts ongoing output gap
- Elevated ISM points to a post-pandemic boom
- Solid overall economic growth to close 2020
- January Monthly Dashboard: The economic soft patch will be over soon
- GDP recovery continues
- Fed stays the course
- Consumer confidence moves higher
- Ongoing rally fuels bubble fears
- A housing market surge for 2020
- Soft patch continues, but remains narrowly based
- Meet the new boss, same as the old boss
- Bank optimism growing
- January Economic Review: Rising infections lead to renewed restrictions and slower growth – but we expect improvement soon
- Retail spending slumps to end 2020
- Jobless claims jump
- Core inflation remains muted
- Near-term Risks Still Climbing
- Financials to kick off earnings season
- COVID/lockdowns hit the job market
- Lack of trust is a structural headwind
- No split government after all
- No soft patch in manufacturing
- Stimulus to Limit the Near-Term Downside
- Growth to be boosted by new stimulus
- December Monthly Dashboard: Virus resurgence threatens near-term growth even as vaccines/stimulus lift expectations
- COVID shutdowns hit consumer spending
- Unemployment claims rise again
- Fed adds a word of emphasis
- Stimulus compromise likely to leave out the public sector
- Near-term weakness, but a much stronger 2021
- COVID-19 Surge Weakens Incoming Data
- Jobless Claims Spike
- Correction May Come Sooner Rather than Later
- Job gains slow for November
- Labor market still stressed
- Consumer spending slowing
- November Economic Review: Record economic growth. New infections present risk.
- Vaccine news lifts markets and the outlook
- Continued solid job gains
- A blow out start to the next expansion
- Homes sales soar despite even less supply
- The recovery shifts to a lower gear
- Another spending surge for September
- A blow-out third quarter, but slower growth ahead
- Business sector recovery taking shape
- Slower, but still solid, job growth
- The housing market is hot
- A surge in growth for the third quarter, but slower growth ahead continues
- Spending slowdown for August
- Economic activity is sprinting ahead, but this is more of a marathon
- Inflation warm again in August
- Strong rehiring adds a boost to the recovery
- Housing surges; a new paradigm for the Fed; new infections down
- Momentum is slowing, but the recovery continues
- The housing market is back
- Economic activity is sprinting ahead, but this is more of a marathon
- Inflation surprises to the upside
- The summer of recovery continued in July
- That’s not a knife. That’s a knife!
- Home sales storm back in June
- Better economic data, but rising infection rates increase near-term risks
- Another burst of retail spending
- More evidence that the economic recovery has begun
- Rising new coronavirus infections muddies positive economic data
- Recovery already? More strong data headed by jobs
- Virus concerns climb while the economic data improve
- The COVID-19 recession began in February but did it end in May?
- Post-lockdown spike in spending
- June Economic Review: Green shoots emerge in the darkest economic times
- Fed fully committed to policy accommodation
- Job growth for May shocks to the upside
- Consumer activity slowly climbing from the bottom
- Housing activity takes a COVID plunge
- May Economic Review: The worst month ever for the U.S. economy?
- Retail spending falls through the floor
- Sobering job losses for U.S. workers
- A record breaker
- Growth drops, but the plunge is still ahead
- The economic downturn sharply slows spring homebuying
- April Monthly Dashboard: The next recession has arrived
- Consumer activity takes a virus dive
- April Economic Review: The economy hit a wall in mid-March
- Main Street hurting with the COVID-19 shutdown
- First wave of COVID-19 job losses hits
- And so it begins
- The coming COVID-19 recession
- Another terrible week for financial markets
- March Economic Review: Early year economic momentum about to be hit by the coronavirus – how long and how severe?
- Panic in the Streets (or Panic on the Street)
- The Fed Goes All in to Mitigate Covid-19’s Economic Impact
- Fed cuts rates with little near-term impact
- A blow-out jobs report for February
- Fed reacts to concerns from the coronavirus
- Coronavirus fears set in
- February Monthly Dashboard: Coronavirus is a wildcard for the economy and financial markets
- Housing set up for another solid year
- February Economic Review: The outlook for 2020 is mostly positive, but will the Coronavirus short-circuit the expansion?
- Modest consumer spending continues
- Week in Review: January was another solid month for the labor market
- Stable growth and a steady Fed
- Housing ends 2019 on a hot streak
- January Monthly Dashboard: economic growth trends up heading into 2020 despite trade and geopolitical risks
- Softer end to 2019 for consumer data
- January Economic Review: Accommodative monetary policy and less geopolitical risk suggest continued growth ahead – but Iran poses a new risk
- Job gains set up further growth in 2020
- Strong end to 2019 for equity markets