The outlook for the US economy is on track to close 2023 with a relatively upbeat outlook for the fourth quarter, based on a set of nowcasts compiled by CapitalSpectator.com.
Daily Archives: December 27, 2023
Macro Briefing: 27 December 2023
* Escalating attacks on US troops and shipping threaten wider Middle East war
* How did so many economists mistakenly forecast a US recession?
* 76% of economists see US recession risk at 50% or less in next 12 months
* US home prices post biggest gain of 2023 in October
* Texas factory activity stabilized in December after November contraction
* US economic activity rebounds in November–Chicago Fed Nat’l Activity Index: