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About the blog

Markets and Economy

Nationwide’s Chief of Investment Research and the Nationwide Economics team offer daily and weekly commentary and analysis of the equity and bond markets, including an overview of economic data being released, global market news, commodities and market performance by index returns. These timely insights can help you navigate markets and understand emerging trends.

Economic Commentary

Consumer spending slowing

Retail sales grew by a modest 0.25 percent for October, by far the slowest pace since the reopening of state and local economies in May. The slowdown occurred across many categories, led by large declines at clothing, furniture, and department stores. This was the sixth consecutive month of gains in retail spending, however, as total sales have more than offset their losses from March and April during the government-mandated lockdowns. 

Economic Commentary

November Economic Review: Record economic growth. New infections present risk.

After a couple of months of strong-but-slowing growth, the economy picked up some steam in October as many indicators were better than anticipated. Third-quarter GDP growth shattered the previous record, private payrolls in October grew by more than the month prior, manufacturing strengthened again, and total home sales (September data) rose to their highest level since the first half of 2006. See Nationwide Economics’ take on what's happening and why this month in the economy.