Anyone who has taken an extended trip with children has undoubtedly heard the plaintive question “Are we there yet?” as they wearied of sitting still. In some respects, we feel like those young travelers when it comes to the U.S. economy. Despite hoping to avoid that outcome, long-time readers know we have been predicting the economy would fall back into contraction. Our expectation came close to being realized in 1Q2011 when GDP growth dipped to just 0.4 percent. Although subsequent quarters have yielded somewhat stronger growth, 1Q2012’s slowdown has renewed speculation the United States is once more in danger of contracting. Some of the indicators contributing to that idea include....
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Macro Pulse recap.
The Macro Pulse blog is a commentary about recent economic developments affecting the forest products industry. That commentary provides context for our 24-month forecast, which is contained in the monthly Economic Outlook newsletter available through Forest2Market. The monthly Macro Pulse newsletter summarizes the previous 30 days of commentary available on this website.
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