May 2024 Economic Forecast: No Real Change So Expect The Economy To Continue To Plod Along

Authored by Steven Hansen

EconCurrent‘s Economic Index was unchanged and remained slightly in positive territory. The economy remains very stratified where some sectors are going gangbusters whilst others are barely above recessionary levels. There remain three major indicators that suggest a recession is coming.  Read on to understand the currents affecting our economic growth.

April 2024 Economic Forecast: Economy Marginally Improving But Growth Will Be Weak

Authored by Steven Hansen

EconCurrent‘s Economic Index again modestly improved and is slightly in positive territory. This does not mean the economy is going gangbusters but is continuing to plod along. There remain three major indicators that suggest a recession is coming.  Read on to understand the currents affecting our economic growth.

March 2024 Economic Forecast: A Modest Improvement In Our Index Predicting Little Change In Main Street Growth

Authored by Steven Hansen

EconCurrent‘s Economic Index modestly improved but continues insignificantly in negative territory. We continue to forecast that a recession is not imminent. One indicator (Conference Board Leading Economic Index) is no longer signaling a recession, but there remain three other major indicators that are.  Read on to understand the currents affecting our economic growth.

February 2024 Economic Forecast: Index Again Modestly Declined But Remains Well Above Levels Associated With Recession

Authored by Steven Hansen

EconCurrent‘s Economic Index again declined and continues slightly in negative territory. Being slightly in negative territory is not necessarily indicative of a recession, and we continue to believe a recession is not imminent. There remain four major indicators signaling a recession.  Read on to understand the currents affecting our economic growth.

January 2024 Economic Forecast: Our Index Turns Slightly Negative

Authored by Steven Hansen

EconCurrent‘s Economic Index again declined and is now slightly in negative territory. Being slightly in negative territory is not necessarily indicative of a recession, and we continue to believe a recession is not imminent. There remain four major indicators signaling a recession.  Read on to understand the currents affecting our economic growth.

The State of Joe Sixpack in 3Q2023: Joe Should Feel Financially Better Off

Written by Steven Hansen

The Federal Reserve data release (Z.1 Flow of Funds) – which provides insight into the finances of the average household – shows a decrease in average household net worth from the previous quarter but up from one year ago. Our modeled “Joe Sixpack” – who owns a house and has a job, but essentially no other asset – is better off than he was a year ago.

The State of Joe Sixpack in 2Q2023: The Average Joe’s Situation Improved

Written by Steven Hansen

The Federal Reserve data release (Z.1 Flow of Funds) – which provides insight into the finances of the average household – shows an increase in average household net worth and an improvement in income. Our modeled “Joe Sixpack” – who owns a house and has a job, but essentially no other asset – is better off than he was last quarter.