Experian Business Information’s Post

In our latest survey, consumers reported still feeling the impact of inflation and high interest rates. Many are adapting by cutting costs, paying off debt and saving more. Read more results: https://bit.ly/464daTb #cdnecon #economy #EconomicTrends

In a new report, Experian's Chief UK Economist Mohammed Chaudhri shares his forecast for the rest of the year and beyond with insights into the latest economic trends and developments. Read it now: https://lnkd.in/gzgiT2SY

The latest data reveals an acceleration in the U.S. real GDP growth, signaling a robust economic performance. Discover the key factors driving this upward trend and what it means for the future economic landscape in our detailed analysis.

The latest data coming out of the Atlanta Federal Reserve shows some economic deceleration taking place in Q2. The GDPNow forecast expects Q2 GDP to be just 1.5%, down from growth estimates of 3% earlier in the quarter. Deceleration in consumer spending and a slight reduction in corporate investment is impacting the outlook. Learn more by subscribing to the RedStone Resource. https://bit.ly/3ovNqKj #GDPNow #economy

U.K. gross domestic product rose 0.1% in February, the Office for National Statistics said Friday, providing another sign of a return to sluggish economic growth this year. The month-on-month figure was in line with a projection. On an annual basis, GDP was 0.2% lower. The economy contracted in the third and fourth quarters of 2023, putting the U.K. in a technical recession. Source - CNBC For more information, visit us at - https://bbmagz.com Follow us for daily updates 👍 #brandsandbusinessmagazine #business #businessnews #magazine #news #internationalnews #newsupdates #finance #economy #news #updates

How is the U.S. economy performing at the midpoint of 2024? Partnership Chief Economist Patrick Jankowski explains the latest economic data. ➡️Subscribe to our newsletter to receive economic updates: https://ow.ly/zJ8F50S8LsT Special thanks to Fifth Third Commercial Bank for supporting #EconomyInAMinute!

A way to understand the interactions between different sectors of the economy is by examining the #circularflow of inputs and outputs among households, businesses, and governments.

A tale of two economies. Consumer perceptions on the current state of the economy are mixed. And while more economists are leaning toward the Federal Reserve being able to navigate a soft landing, that's not a comfort to the segment of consumers struggling with inadequate savings, rising debt levels, inflation, and home affordability. Bill Handel explores this concept of a bifurcated economy further in this week's Raddon Report article, drawing on a recent Raddon survey of 1,500 nationwide consumers. https://lnkd.in/gMiWqdg8

Revitalizing Revisions Last week, the Bureau of Economic Analysis revised economic dating back to 2019. The data now show savings rates not at 2.9% but a decent 4.8%, and real disposable income was upwardly revised by a huge $600 billion and is now just $400 billion below pre-Covid trend. This explains the remarkable staying power of consumer spending, and the higher savings rate suggests it can continue. Recession likelihood has slightly eased. 

Revitalizing Revisions Last week, the Bureau of Economic Analysis revised economic dating back to 2019. The data now show savings rates not at 2.9% but a decent 4.8%, and real disposable income was upwardly revised by a huge $600 billion and is now just $400 billion below pre-Covid trend. This explains the remarkable staying power of consumer spending, and the higher savings rate suggests it can continue. Recession likelihood has slightly eased.