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U.S. Congress Prepares to Pass the One Big Beautiful Bill (OBBB) Act
Despite House Minority Leader, Hakeem Jeffries, marathon speaking session, all indications are that Congressional Republicans have the votes to pass President Trump's signature legislative package to extend the 2017 Tax Cuts & Jobs Act, implement a handful of new consumer and business tax cuts, and increase defense and border security spending. The bill will also include cuts to spending on Medicaid and SNAP, in addition to repealing most of the clean energy tax credits from the Inflation Reduct
July 03, 2025
Trending
U.S. Employment (June 2025)
The June gain in non-farm payrolls outpaced expectations considerably, as non-cyclical sectors including health care and government carried the report. While federal payrolls continued to decline in June, state & local government payrolls recorded its largest gain in two and a half years
July 03, 2025
Latest Research
Weathering the Storm – the Next Phase of America’s Cost of Housing Crisis
There is growing evidence that extreme weather events are on the rise and becoming more costly to Americans. This calls for increased adaptation and mitigation efforts. Many financially constrained households in the U.S. are vulnerable to the rising risks of flood and wildfire.
June 23, 2025
Updated Publications
State Economic Forecast
The New England economy has begun to cool in 2025 as risks build on multiple fronts. We expect real GDP growth to ease to 1.4% this year amid this backdrop. The Middle Atlantic region's sizeable trade & transportation sector benefitted from the sharp increase in imports in the first quarter, but with broad-based tariffs now in effect this trend has reversed course. We expect real GDP growth to decelerate to 1.4% in 2025. Economic activity in the Upper South Atlantic is expected to shift into low
June 20, 2025
Updated Publications
Long-Term Forecast
The U.S. economy is forecast to run below its long-run trend rate of growth in 2025, as growth is slowed by tariffs, fiscal restraint and slower population growth. Real GDP growth then briefly overshoots in 2026/27 - owing to a rebound in housing and further household and business tax cuts - and then converges closer to potential by 2028. Slower near-term growth pushes the unemployment rate slightly higher, reaching 4.5% by Q4-2025 before gradually returning to its long-run average of 4% by mid-
June 17, 2025
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Updated Publications
Updated Publications
Weekly Bottom Line
July 03, 2025
Updated Publications
State Economic Forecast
June 20, 2025
Updated Publications
Long-Term Forecast
June 17, 2025
Updated Publications
U.S. Quarterly Economic Forecast
June 17, 2025
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Updated Publications
Weekly Bottom Line
July 03, 2025
Updated Publications
State Economic Forecast
June 20, 2025
Updated Publications
Long-Term Forecast
June 17, 2025
Updated Publications
U.S. Quarterly Economic Forecast
June 17, 2025
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Latest Research
Latest Research
Weathering the Storm – the Next Phase of America’s Cost of Housing Crisis
June 23, 2025
Latest Research
Peeling Back the Layers to the Florida Condo Market Weakness
May 29, 2025
Latest Research
North American Auto Outlook 2025: Trade Headwinds to Stall Industry
May 28, 2025
Latest Research
The First 100 Days: Dazed and Confused
May 23, 2025
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Latest Research
Weathering the Storm – the Next Phase of America’s Cost of Housing Crisis
June 23, 2025
Latest Research
Peeling Back the Layers to the Florida Condo Market Weakness
May 29, 2025
Latest Research
North American Auto Outlook 2025: Trade Headwinds to Stall Industry
May 28, 2025
Latest Research
The First 100 Days: Dazed and Confused
May 23, 2025
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Commentaries
Trending
U.S. Congress Prepares to Pass the One Big Beautiful Bill (OBBB) Act
July 03, 2025
Trending
U.S. Employment (June 2025)
July 03, 2025
Commodities & Industry
U.S. ISM Services Index (June 2025)
July 03, 2025
Commodities & Industry
U.S. ISM Manufacturing Index (June 2025)
July 02, 2025
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Trending
U.S. Congress Prepares to Pass the One Big Beautiful Bill (OBBB) Act
July 03, 2025
Trending
U.S. Employment (June 2025)
July 03, 2025
Commodities & Industry
U.S. ISM Services Index (June 2025)
July 03, 2025
Commodities & Industry
U.S. ISM Manufacturing Index (June 2025)
July 02, 2025
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