Economic Forecast July 2013: Economy Still Showing Decelerating Growth

Written by Steven Hansen Our June 2013 Economic Forecast continues to say the economy will be expanding at a modest rate. The concern is that many portions of our economic model are barely positive, and even a small black swan could cause contraction.  On the other hand, the portions of our model which are negative …

Economic Forecast June 2013: Expecting Some Moderation of Consumer Spending

Written by Steven Hansen Our June 2013 Economic Forecast continues to say the economy will be expanding at a modest rate. But indications of an expected growth spurt are still not showing up in the tea leaves. Main Street does not have the sectors in sync – and as one strengthens, another starts a weakening …

Economic Forecast May 2013: Stable Growth But ….

Written by Steven Hansen Our May 2013 Economic Forecast continues to say the economy will be expanding at a rate similar to April. This month the forecast is accompanied by some economic concerns – and although many data points are performing well, a few are concerning. Econintersect checks its forecast using several alternate methods. All …

Economic Forecast April 2013: Light At End of the Tunnel?

Written by Steven Hansen Our April 2013 Economic Forecast says we are at the end of the tunnel, and in the coming months should begin to see real economic expansion IF current trends continue. The index is now forecasting a flat growth trend (positive growth, no acceleration) – a welcome change from the positive growth, …

Economic Forecast March 2013: Improves But Not Great Yet

Written by Steven Hansen Last month, our economic forecast was degraded by supply chain shortcomings – and this has now been alleviated in the last 30 days causing the March 2013 Economic Index to improve relative to the previous month. The index is continuing to forecast weak economic expansion for Main Street – and stills …