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Latest Research
WATCH: James Marple talks about how the new legislation on stablecoins could reshape the U.S. payment system on MoneyTalk
The U.S. recently passed landmark legislation to regulate so-called stablecoins, or digital tokens that are designed to maintain a fixed value against assets such as the U.S. dollar. James Marple, Associate Vice President and Senior Economist with TD Bank Group, says while the new legislation is not without risks, it could potentially reshape the U.S. payments system making remittances and trade payments faster, cheaper and more reliable.
October 06, 2025
Latest Research
U.S. Government Shutdown Risks: 2025 Edition
As has become commonplace in recent years, the federal government is once again at risk of a shutdown to kick off the new fiscal year on October 1st. There is still time for an agreement to be reached in Congress, but the current deadlock in Congress warrants consideration for what would happen should an agreement not be reached by next Wednesday.
September 25, 2025
Updated Publications
State Economic Forecast
The New England economy has cooled in 2025 as a combination of reduced tourist inflows, federal research funding cuts, and trade uncertainty has weighed on the region. Despite a modest recovery through the summer, the Middle Atlantic economy has seen limited upside in 2025 as elevated uncertainty has constrained private sector activity. Economic growth in the Upper South Atlantic is shifting into lower gear, resulting in slower job growth, and rising unemployment rates. Weakness is concentrated
September 23, 2025
Updated Publications
U.S. Quarterly Economic Forecast
Despite all the twists and turns in U.S. trade policy, our forecast for the global economy is broadly unchanged from our June view. Ditto for the U.S. economy, at least on the surface. Consumers have pulled back as the labor market has cooled, but that has been offset by strong business investment. The Fed is expected to cut interest rates further to support the labor market that has cooled further than previously believed.
September 18, 2025
Latest Research
U.S. Consumer Spending Loses Altitude as Policy Turbulence Spikes
U.S. consumer spending has lost momentum. Inflation-adjusted consumption has been flat since December and growth is expected to remain sub-par through the middle of next year amid heightened economic uncertainty, a slowing labor market, higher inflation and other headwinds.
September 16, 2025
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Updated Publications
Updated Publications
Weekly Bottom Line
October 03, 2025
Updated Publications
State Economic Forecast
September 23, 2025
Updated Publications
U.S. Quarterly Economic Forecast
September 18, 2025
Updated Publications
Questions? We've Got Answers: Addressing Issues Impacting the Economic and Financial Outlook
August 20, 2025
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Updated Publications
Weekly Bottom Line
October 03, 2025
Updated Publications
State Economic Forecast
September 23, 2025
Updated Publications
U.S. Quarterly Economic Forecast
September 18, 2025
Updated Publications
Questions? We've Got Answers: Addressing Issues Impacting the Economic and Financial Outlook
August 20, 2025
View more updated publications
Latest Research
Latest Research
WATCH: James Marple talks about how the new legislation on stablecoins could reshape the U.S. payment system on MoneyTalk
October 06, 2025
Latest Research
U.S. Government Shutdown Risks: 2025 Edition
September 25, 2025
Latest Research
U.S. Consumer Spending Loses Altitude as Policy Turbulence Spikes
September 16, 2025
Latest Research
Stablecoins Enter the Mainstream
September 11, 2025
Previous
Next
Latest Research
WATCH: James Marple talks about how the new legislation on stablecoins could reshape the U.S. payment system on MoneyTalk
October 06, 2025
Latest Research
U.S. Government Shutdown Risks: 2025 Edition
September 25, 2025
Latest Research
U.S. Consumer Spending Loses Altitude as Policy Turbulence Spikes
September 16, 2025
Latest Research
Stablecoins Enter the Mainstream
September 11, 2025
View more latest research
Commentaries
Commodities & Industry
U.S. ISM Services Index (September 2025)
October 03, 2025
Commodities & Industry
U.S. Vehicle Sales (September 2025)
October 02, 2025
Commodities & Industry
U.S. ISM Manufacturing Index (September 2025)
October 01, 2025
Consumer
U.S. Personal Income & Spending (August 2025)
September 26, 2025
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Commodities & Industry
U.S. ISM Services Index (September 2025)
October 03, 2025
Commodities & Industry
U.S. Vehicle Sales (September 2025)
October 02, 2025
Commodities & Industry
U.S. ISM Manufacturing Index (September 2025)
October 01, 2025
Consumer
U.S. Personal Income & Spending (August 2025)
September 26, 2025
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