Prospects for the US economy in 2022

2021 ◽  
Keyword(s):  
Monetary Policy ◽  
Social Infrastructure ◽  
Content Type ◽  
The Third ◽  
Us Economy ◽  
Real Gdp ◽  
Personal Consumption ◽  
The Us ◽  
Fiscal And Monetary Policy

Subject Prospects for the US economy in 2022. Significance The US economy has recovered quickly, with real GDP surpassing the level of the previous peak by the third quarter. Personal consumption spending is 8.6% above pre-pandemic levels but employment remains well below, while supply/demand imbalances will ease only gradually through 2022. Fiscal and monetary policy will be less expansionary, even if President Joe Biden’s second, USD2tn social infrastructure bill passes, and if rates stay on hold well into next year.

US consumption may start to pick up

2015 ◽  
Keyword(s):  
Trade Balance ◽  
Oil Prices ◽  
Energy Prices ◽  
Trust Fund ◽  
Content Type ◽  
Consumption Expenditures ◽  
Us Economy ◽  
West Texas ◽  
Personal Consumption ◽  
The Us

Significance One of the conundrums of the US economy that will influence the Federal Reserve's timing of an interest rate rise (currently projected for September) is where the savings from low energy prices have gone. Oil prices have dropped sharply since September 2014, from 97 dollars per barrel for West Texas Intermediate in June 2014 to 60 dollars per barrel today. Yet US personal consumption expenditures (PCE) only grew by 2.7%, well below the rate of growth of personal income, 4.1%. Impacts Greater spending on petrol will help the Highway Trust Fund slightly, but not before a new funding package is due by July 31. Low oil prices will outweigh consumer savings in such producing states as Texas and North Dakota. Greater consumer spending will adversely affect the US trade balance, as imports will rise due to the strong dollar.

Prospects for the US economy in 2018

2017 ◽  
Keyword(s):  
Federal Reserve ◽  
Economic Activity ◽  
Second World War ◽  
World War ◽  
Content Type ◽  
The Third ◽  
Us Economy ◽  
The Us ◽  
Banking Committee ◽  
Second World

Subject Prospects for the US economy in 2018. Significance In 2018, US GDP should continue growing at the 2017 pace of 2.0-2.5%, and 0.2-0.3% higher if Congress can pass a tax cut. Incoming Federal Reserve (Fed) Chair Jerome Powell yesterday gave his first testimony to the Senate Banking Committee, vowing continuity and stability in monetary policy. US economic activity has been expanding for 100 months, the third-longest expansion since 1854 and almost twice the post-Second World War average of 58 months.

Mexico economic reshuffle reaffirms AMLO’s authority

2021 ◽  
Keyword(s):  
Monetary Policy ◽  
Fiscal Policy ◽  
Unknown Quantity ◽  
Content Type ◽  
Policy Positions ◽  
Us Economy ◽  
The Us

Significance President Andres Manuel Lopez Obrador (AMLO) has nominated Herrera to become governor of the Bank of Mexico (Banxico) from 2022, taking over from incumbent Governor Alejandro Diaz de Leon. Impacts The markets have taken the changes calmly so far, but Ramirez is a relatively unknown quantity, raising some potential uncertainty. Until Ramirez is ratified by legislators, his decisions will be legally questionable, raising the prospect of challenges in court. As Banxico governor, Herrera will enjoy legal autonomy, giving him the freedom to diverge from AMLO on policy positions. Maintenance of a tight fiscal policy and a tighter monetary policy will dampen growth in 2021. Exports, particularly those geared towards the US economy, will be the most powerful engine of growth.

Prospects for the US economy to end-2019

2019 ◽  
Keyword(s):  
Economic Growth ◽  
Housing Market ◽  
Labour Market ◽  
Manufacturing Sector ◽  
Financial Stress ◽  
Economic Expansion ◽  
Content Type ◽  
The Third ◽  
Us Economy ◽  
The Us

Subject Prospects for the US economy to end 2019. Significance The strong US labour market and low borrowing costs for businesses and individuals are helping to sustain the decade-long economic expansion. GDP grew by more than 3% in January-March, the third quarter out of four in which it was above 3%. The lacklustre housing market, softening manufacturing sector and rising consumer financial stress may dampen economic growth in the rest of 2019, taking it to 2.3-2.5% for the year.

Prospects for the US economy in 2019

2018 ◽  
Keyword(s):  
Economic Activity ◽  
Content Type ◽  
The Third ◽  
Us Economy ◽  
The Us

Subject Prospects for the US economy in 2019. Significance US economic activity will slow greadually rather than dramatically in 2019. Growth started to decelerate in the third quarter of this year with annualised growth, at 3.5% in July-September, down from 4.2% in April-June.

Lenovo’s successful acquisition of the IBM PC Division

2016 ◽  
Vol 32 (9) ◽  
pp. 32-35
Author(s):  
Mark Thomas
Keyword(s):  
Design Methodology ◽  
Chinese Economy ◽  
High Tech ◽  
Tablet Computers ◽  
Content Type ◽  
Us Economy ◽  
The Us ◽  
Pertinent Information ◽  
Traditional Manufacturing

Purpose The purpose of this paper is to analyze Lenovo’s successful acquisition of IBM’s PC division using Ghemawat’s (2001) CAGE framework. It was an acquisition that was so full of symbols that it is difficult to know where to begin. Lenovo’s purchase of IBM in 2005 was first seen as a sign of the rapid growth and expansion of the Chinese economy and its transformation away from the traditional manufacturing base to more high-tech areas. For doomsday merchants in the land of Uncle Sam, it foretold the end of the world domination of the US economy. Despite a considerable number of skeptics at the time, Lenovo was clearly up to the task. Such was the success of the acquisition that by 2015, Lenovo could claim to have grown into the world’s number 1 PC maker, number 3 smartphone manufacturer and number 3 in the production of tablet computers. Design/methodology/approach This paper is a case study. Findings Despite a considerable number of skeptics at the time, Lenovo was clearly up to the task. Such was the success of the acquisition that by 2015, Lenovo could claim to have grown into the world’s number 1 PC maker, number 3 smartphone manufacturer and number 3 in the production of tablet computers. Indeed, by 2014, the firm had enough confidence to add the IBM server business to its portfolio. Originality/value The briefing saves busy executives and researchers hours of reading time by selecting only the very best, most pertinent information and presenting it in a condensed and easy-to-digest format.

Macroeconomic conditions are only an illusion, not the solution, to firm sustainability: unveiling the new dimension of stakeholder well-being

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Zahid Irshad Younas ◽  
Mahvesh Khan ◽  
Mamdouh Abdulaziz Saleh Al-Faryan
Keyword(s):  
Well Being ◽  
Developed Countries ◽  
Macroeconomic Performance ◽  
Content Type ◽  
Macroeconomic Conditions ◽  
Us Economy ◽  
The Us ◽  
The Usa ◽  
Negative Impacts ◽  
The One

Purpose The purpose of the study is to explore the misconception that in developed countries, macroeconomic performance lead to sustainable firms or improves stakeholder well-being. The results may be the opposite or even worse. Design/methodology/approach This study examined this misconception using balanced panel data from 1,122 firms from different sectors of the US economy and data on macroeconomic performance from the World Bank. Findings The results of the one-step generalised method of moments indicate that most macroeconomic performance indicators had significant and negative impacts on firm sustainability and stakeholder well-being. Practical implications From a societal perspective, the results illustrate that the fruits of macroeconomic performance of the US economy do not reach stakeholders through firms’ sustainability. Thus, linking the economy’s macroeconomic performance with firm sustainability is vital for sustainably uplifting society and for stakeholder well-being. Originality/value From a policy perspective, this study reveals that the greater focus on macroeconomic performance in the USA over the past decades has resulted in lower firm sustainability because of the malfunctioning of social, economic, environmental and governance factors. This has negatively influenced stakeholder well-being in the country.

CHALLENGES OF DEVELOPMENT OF AN ANTI-CRISIS STRATEGY TO OVERCOME THE CORONOVIRUS PANDEMIC AND ITS CONSEQUENCES

2020 ◽  
pp. 68-83
Author(s):  
Elena Lutskaya ◽  
Keyword(s):  
Monetary Policy ◽  
Federal Reserve ◽  
Financial System ◽  
Global Markets ◽  
Federal Reserve System ◽  
Us Economy ◽  
The Us ◽  
Reserve System

The article examines the views of Western researchers on overcoming the COVID-19 crisis and its consequences. The main focus is on the monetary policy of the Federal Reserve system - the most developed financial system that affects both the US economy and global markets.

scholarly journals The Federal Reserve Banks New Monetary Policy Tool

2012 ◽  
Vol 10 (9) ◽  
pp. 533
Author(s):  
David Gordon
Keyword(s):  
Monetary Policy ◽  
Federal Reserve ◽  
Vital Role ◽  
Open Market ◽  
Federal Reserve Bank ◽  
Us Economy ◽  
Policy Tool ◽  
Reserve Bank ◽  
The Us ◽  
Demand Deposit

The Federal Reserve Bank (FED) plays a vital role in the US economy. The roles and functions of the Fed are discussed here. This paper also offers an explanation of the traditional tools the Fed uses to conduct monetary policy. Open market operations are explained. The important role of the discount rate is discussed. The legally required reserve ratios are also explored. This author believes that the Fed has recently created a new tool. This tool is the payment of interest on demand deposit accounts at the Fed. This new tool is explained and its ramifications explored. The functions of monetary policy are also expanded upon in this paper.

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