The September 2024 Economic Advisor is now available for NFFS members. Please note that you must log in to your NFFS account to see this members-only publication.
Featured Article:
- A Closer Look: The U.S. Economy – A Deep Dive into Consumer Prices: "Inflation, as measured by the change in Consumer Prices, eased to 2.5% in August – in other words, Consumer Prices this August were 2.5% above Prices in August last year. Monthly consumer inflation has not been this low since early 2021, and this is a stark contrast to the 9.1% peak in June 2022, the most robust inflation in over 40 years. If inflation is lower, why do things still feel expensive? And what implications does that have for businesses and the economy at large?"
Also in this month's Advisor:
- ITR's Macroeconomic Outlook: "Many businesses are reporting that consumers are increasingly resistant to paying higher prices."
- Make Your Move, a monthly tip for managers: "It is important to keep in mind that the S&P 500 is a weighted index and is heavily skewed toward larger firms..."
- Investor Update: "The S&P 500 shrugged off the weakness exhibited from the second half of July into early August weakness, ending August just below record-high territory..."
- ITR Economics' Long Term View: "2024 – Retail Growth; Industrial Flat, 2025..."
- Leading Indicator Snapshot: "Leading indicators are predominantly flashing green, but the strength is more muted than robust..."
- Industry Analysis: "Manufacturing – Still-high borrowing costs pose a risk to Production recovery..."
- State-by-State Analysis: "Housing Permits – Permitting trends are geographically mixed, with significant variation between neighboring states..."Reader's Forum: "Why was the recent jobs report revised, and what does it mean for the economy?"
The NFFS Economic Advisor provides economic data that is sourced and compiled on a monthly basis by ITR Economics for members of NFFS. It provides leading indicator trend data and relevant economic news to assist foundries with their internal economic analyses and business planning.
Find further economic insights at the NFFS Economic Portal
Don't forget to visit the NFFS Economic Portal, an all-in-one platform that provides a wealth of economic insights and invaluable resources to help members navigate the ever-changing business landscape.Got to www.nffs.org/economics to access the portal.