© Copyright Acquisition International 2024 - All Rights Reserved.

Article Image - A Warming Trend:  US Consumers Step into the Sunshine
Posted 12th February 2015

A Warming Trend: US Consumers Step into the Sunshine

Mesirow Financial’s Chief Economist says a profound shift has occurred in American consumer confidence.

Mouse Scroll AnimationScroll to keep reading

Let us help promote your business to a wider following.

A Warming Trend: US Consumers Step into the Sunshine
Image

A Warming Trend:  US Consumers Step into the Sunshine

Mesirow Financial’s Chief Economist says a profound shift has occurred in American consumer confidence, as well as the ability to spend. After seeking shelter for years following the storm of the Great Recession, consumers of all income levels are finally equipped to step out into the sunshine.

Diane Swonk explains what has changed. “It wasn’t until this summer, a record-breaking five years into the expansion, that the pace of consumer spending reaccelerated…(because) Employment growth finally gained momentum. Incomes picked up. Prices at the pump fell.” She predicts that newly empowered consumers will lift the entire U.S. economy in 2015. “Real GDP is expected to average a solid 3% in the second and third quarters, then rise to the fastest pace since 2005.”

Decision makers on the Federal Open Market Committee will surely take notice, but don’t expect them to hike interest rates soon. Swonk is sticking to a more dovish view. Our forecast has “the Federal Reserve on the sidelines until the third quarter; we still see the fed funds rate ending the year at 0.5%.” To find out why, and understand how the pace of consumer spending supports growth, read the latest issue of Themes on the Economy. Archived issues can also be found at mesirowfinancial.com.

Mesirow Financial is a diversified financial services firm headquartered in Chicago. Founded in 1937, it is an independent, employee-owned firm with approximately 1,200 employees globally. With expertise in Investment Management, Global Markets, Insurance Services and Consulting, Mesirow Financial strives to meet the financial needs of institutions, public sector entities, corporations and individuals. For more information about Mesirow Financial, visit its website at mesirowfinancial.com.

Categories: Finance


You Might Also Like
Read Full PostRead - Eye Icon
2016 Influential Business Woman Awards FAQs
Innovation
18/02/20162016 Influential Business Woman Awards FAQs

2016 Influential Business Woman Awards FAQs

Read Full PostRead - Eye Icon
Strategic Financing: How Secured Loans Can Transform Your Business Landscape
Finance
09/08/2023Strategic Financing: How Secured Loans Can Transform Your Business Landscape

Financing remains an essential pillar for any business's growth and sustainability. How you finance your business can dictate its operational flexibility, scalability, and profitability.

Read Full PostRead - Eye Icon
Innovative Lessons from Cleaning Businesses During COVID
Innovation
14/10/2020Innovative Lessons from Cleaning Businesses During COVID

The clean freaks were right. There is something to be said for disinfecting the office every day — and the benefits have never been clearer. As businesses reopen, most are working to reassure customers that their offices are clean and safe. To do so, they're

Read Full PostRead - Eye Icon
Autumn Statement 2016 – UKCloud Welcomes Digital Infrastructure Investment
Strategy
23/11/2016Autumn Statement 2016 – UKCloud Welcomes Digital Infrastructure Investment

Today, the Chancellor Philip Hammond has outlined his priorities for taxes and spending in the wake of the UK's vote to leave in the EU in his Autumn Statement. Notably for the technology sector, more than £1bn will be allocated to supporting digital infrastr

Read Full PostRead - Eye Icon
The Role of Legal Expertise in Business Succession Planning
News
28/11/2024The Role of Legal Expertise in Business Succession Planning

Transitioning ownership represents one of the most significant challenges facing Australian business owners. Business succession planning lawyers provide critical guidance in navigating this complex process, helping protect your company’s future and ensu

Read Full PostRead - Eye Icon
Auction Mobility Acquires Lofty.com
M&A
13/10/2016Auction Mobility Acquires Lofty.com

Today, Auction Mobility, LLC, the leader in mobile and online auction software, announced the acquisition of Lofty.com

Read Full PostRead - Eye Icon
Ardian-backed Novacap purchases CU Chemie Uetikon
M&A
02/07/2015Ardian-backed Novacap purchases CU Chemie Uetikon

French chemicals group Novacap, which is backed by Ardian, has agreed to acquire CU Chemie Uetikon, a Germany-based maker of pharmaceutical substances. The seller is Equistone Partners Europe.

Read Full PostRead - Eye Icon
AI and Metaverse Technologies Boost Training and Streamline Onboarding for Employees
Innovation
14/11/2022AI and Metaverse Technologies Boost Training and Streamline Onboarding for Employees

We live in a world where businesses constantly reinvent themselves to remain competitive. Automation and digitisation goals feature in well over half of all today’s businesses’ long-term corporate strategies, according to PwC's most recent annual Global CE

Read Full PostRead - Eye Icon
3 Proven Strategies for Mastering the Art of Closing High-Stake M&A Deals
M&A
31/05/20233 Proven Strategies for Mastering the Art of Closing High-Stake M&A Deals

Mergers and acquisitions have always been risky undertakings that can end without profit. The most complex transactions can rightfully involve M&A that can drag on for years without any visible results.



Our Trusted Brands

Acquisition International is a flagship brand of AI Global Media. AI Global Media is a B2B enterprise and are committed to creating engaging content allowing businesses to market their services to a larger global audience. We have 14 unique brands, each of which serves a specific industry or region. Each brand covers the latest news in its sector and publishes a digital magazine and newsletter which is read by a global audience.

Arrow