Nov. 8 - S&P's Chief Economist David Wyss notes that with oil prices rising and financial markets still caught in a credit crunch, the economy is expected to slow down over the winter. For the upcoming holiday season, consumers are going to get squeezed between falling home prices, higher mortgage payments, and higher energy costs. However, recent economic data has continued to come in on the strong side, and S&P is seeing evidence of solid growth in the economy following the 3.9% GDP growth for the 3rd quarter.
Aug. 28 - S&P's Chief Economist David Wyss notes that the economic data this week was generally more encouraging than it has been recently, with even the housing numbers looking better than we have...
Sept. 13 - S&P notes that the outlook for the economy has deteriorated in the last few weeks, due to a combination of bad economic reports and a freeze-up of short-term financial markets.
Dec. 21 - Outside of housing, the economy remains very strong, with consumers still spending and good retail sales. Businesses are still investing, and the trade deficit is stabilizing.
Nov. 29 - The economic data this week continued to be sluggish, particularly in the housing sector, which continues to slide in both home sales and home prices. The housing sector remains the...
Nov. 1 - As S&P expected, the Federal Reserve lowered the discount rate by a 1/4 point, bringing it down to 4.5%. The Fed remains worried that the economy will continue to slow down, and about the...
July 31 - The economic data this week generally makes S&P feel more upbeat about the economy, although certainly the housing and financial markets remain serious problems. Overall, S&P believes...
May 8 - S&P's Chief Economist David Wyss notes the economic data this week continued to come in not so much good as less bad than what was expected. The data tend to confirm S&P's view that...
Jan. 10 - S&P notes that the economic data that came out over the last week was generally downbeat for the economy, increasing significantly the odds for a recession.
Apr. 3 - Fed Chairman Bernanke gave one of his gloomier assessments of what is going on in the economy before the joint economic committee on Wednesday, indicating that there was likely to be...
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