U.S. Economy Remains Resilient, but Headwinds Loom in Months Ahead; Growth in Eurozone Picked up in Second Quarter

IPC releases August 2023 Economic Outlook report
The forecast for U.S. economic growth, initially expected to be 0.5 percent at the beginning of 2023, is now expected to grow by 2 percent. While the U.S.

U.S. Economy Continues to Surpass Growth Expectations; European Outlook is Tepid

IPC Issues July Economic Outlook Report
Despite numerous risks – higher interest rates, tight monetary policy, persistent core inflation -- the U.S. economy continues to surpass expectations this year. The narrative is a bit cloudier in Europe.

Will U.S. Economy Slip into Recession Second Half of 2023?

IPC Issues June Economic Outlook Report
Per IPC’s June 2023 Economic Outlook report, the U.S.

Global Economy Continues to Cool; Is Recession Imminent?

IPC Issues May Economic Outlook Report
Per IPC’s May 2023 Economic Outlook report, the global economy continues to cool, but not quite as severely as expected at the start of the year.

Global Banking Crisis Continues; Inflation Rates Remain Stubbornly High in Both Europe and the United States

IPC Issues April Economic Outlook Report
Economic data over the last month indicates that while inflation remains stubbornly high, economic growth is slowing. The base case scenario for the United States right now suggests a recession in the middle two quarters of the year. The U.S.

Economic Data Provides a Mixed View of the Economy

IPC issues February Economic Outlook report
Economic data over the last month is providing a mixed view of the economy per IPC’s February Economic Outlook report.