Skip to main content
Canada
US
Global
Français
Forecasts
Financial Markets
Economy
Commentaries
Government Finance & Policy
Labor
Real Estate
Consumer
Trade
Business Investment
State & Local Analysis
Commodities & Industry
Future Ready Economy
Media
TD Economics
Analysis covering the globe
Feature
Latest Research
U.S. Household Debt Under Higher Rates: Lower Leverage, Little Payment Relief
U.S. households are borrowing more cautiously as higher rates bite. Debt growth has lagged income, pushing leverage below its pre-pandemic level—even as credit continues to expand.
November 05, 2026
Trending
Electric Blue: Democrats Flip Control of House and Senate
The results from the 2026 midterm elections showed a decisive shift in the balance of power in Washington, with Democrats obtaining majorities in both chambers of Congress. As of the time of writing, Democrats have won 228 seats in the House of Representatives and 54 seats in the Senate according to the Associated Press. Although these counts could be altered as new results come in, it won't change the overarching outcome of Democrats maintaining comfortable margins of control.
November 04, 2026
Latest Research
U.S. Financial Conditions: Tighter, But Not Tight
U.S. financial conditions have tightened but remain accommodative by historical standards, with the recent move driven mainly by higher market volatility.
November 03, 2026
Latest Research
U.S. Retail CRE: Limited New Supply Keeps Fundamentals on Solid Footing
U.S. retail CRE has arguably the strongest fundamentals among the four major property segments, with its 4.3% vacancy rate the lowest of the group and below its historical average.
October 22, 2026
Latest Research
U.S. Corporate Profits at a Crossroads: AI Tailwinds and Emerging Risks
Non-financial corporate profits have reached multi-decade highs, with the renewed increase in 2026 supported by wider margins and strength in AI-related industries. Recent tax changes have provided an additional boost to after-tax cash flow.
October 21, 2026
Latest Research
Tankers, Talk and Trade-offs: Interest Rate Drivers
The U.S. yield curve is priced for higher-for-longer inflation and interest rates, and the repercussions are spilling into global yields. It’s not the high level of energy costs that matters, but its persistence that risks businesses passing them on to consumers.
October 20, 2026
Previous
Next
Updated Publications
Updated Publications
Weekly Bottom Line
November 06, 2026
Updated Publications
State Economic Forecast
September 22, 2026
Updated Publications
U.S. Quarterly Economic Forecast
September 17, 2026
Updated Publications
Questions? We've Got Answers: Addressing Issues Impacting the Economic and Financial Outlook
August 19, 2026
Previous
Next
Updated Publications
Weekly Bottom Line
November 06, 2026
Updated Publications
State Economic Forecast
September 22, 2026
Updated Publications
U.S. Quarterly Economic Forecast
September 17, 2026
Updated Publications
Questions? We've Got Answers: Addressing Issues Impacting the Economic and Financial Outlook
August 19, 2026
View more updated publications
Latest Research
Latest Research
U.S. Household Debt Under Higher Rates: Lower Leverage, Little Payment Relief
November 05, 2026
Latest Research
U.S. Financial Conditions: Tighter, But Not Tight
November 03, 2026
Latest Research
U.S. Retail CRE: Limited New Supply Keeps Fundamentals on Solid Footing
October 22, 2026
Latest Research
U.S. Corporate Profits at a Crossroads: AI Tailwinds and Emerging Risks
October 21, 2026
Previous
Next
Latest Research
U.S. Household Debt Under Higher Rates: Lower Leverage, Little Payment Relief
November 05, 2026
Latest Research
U.S. Financial Conditions: Tighter, But Not Tight
November 03, 2026
Latest Research
U.S. Retail CRE: Limited New Supply Keeps Fundamentals on Solid Footing
October 22, 2026
Latest Research
U.S. Corporate Profits at a Crossroads: AI Tailwinds and Emerging Risks
October 21, 2026
View more latest research
Commentaries
Labor
U.S. Employment (October 2026)
November 06, 2026
Trending
Electric Blue: Democrats Flip Control of House and Senate
November 04, 2026
Commodities & Industry
U.S. ISM Services Index (October 2026)
November 04, 2026
Commodities & Industry
U.S. Vehicle Sales (October 2026)
November 04, 2026
Previous
Next
Labor
U.S. Employment (October 2026)
November 06, 2026
Trending
Electric Blue: Democrats Flip Control of House and Senate
November 04, 2026
Commodities & Industry
U.S. ISM Services Index (October 2026)
November 04, 2026
Commodities & Industry
U.S. Vehicle Sales (October 2026)
November 04, 2026
View more commentaries
