A sharp pullback in consumer spending in the beginning of the year, despite rising income, corroborates declining consumer confidence and supports our projections for economic growth to slow this year and for the next Fed move to be a rate cut.
Trusted Insights for What’s Ahead®™
Figure 1. Spending Growth Sharply Slows in Q1
Sources: Bureau of
myTCB® Members get exclusive access to webcasts, publications, data and analysis, plus discounts to events.
Tariffs a Factor, but Still Muted in CPI; Fed to Focus on Labor Market
September 11, 2025
Consumers Continue to Favor Necessities amid Rising Prices
August 29, 2025
Pre-Aug 1 Tariff Buying Likely Boosted July Retail Sales
August 15, 2025
July CPI data showed that tariffs continued to creep into data
August 12, 2025
Consumers Stick to Necessities amid Rising Prices
July 31, 2025
Charts
The Gray Swans Tool helps C-suite executives better navigate today’s quickly developing economic, political, and technological environments.
LEARN MORECharts
Preliminary PMI indices show no change in weak DM growth momentum in November
LEARN MORECharts
How Might the World Fall Back into Recession?
LEARN MORECharts
Passing increases downstream, cutting costs, and absorbing price increases into profit margins are the chief ways to manage rising input costs. Few see changing
LEARN MORECharts
US continues to lead global productivity race
LEARN MORECharts
The Global Economic Fallout of the Ukraine Invasion
LEARN MORECharts
The global supply chain disruption associated with the COVID-19 pandemic has resulted in production delays, shortages, and a spike in inflation in world.
LEARN MORECharts
The Conference Board recently released its updated 2022 Global Economic Outlook.
LEARN MORESeptember 09, 2025
PRESS RELEASE
LEI for Brazil Declined in August
September 15, 2025
PRESS RELEASE
LEI for the UK ticked down in July
September 12, 2025
PRESS RELEASE
LEI for Spain Rose in July
September 11, 2025
PRESS RELEASE
LEI for South Korea Increased Again in July
September 10, 2025
PRESS RELEASE
LEI for Japan Fell in July
September 09, 2025
PRESS RELEASE
LEI for the Global Economy Inched Down in June and July
August 28, 2025
All release times displayed are Eastern Time
Global growth is expected to slow over the next decade relative to the prior ten years.
LEARN MOREConnect and be informed about this topic through webcasts, virtual events and conferences
The Conference Board Economic Forecast for the US Economy
September 12, 2025 | Article
Economy Watch: US View (September 2025)
September 12, 2025 | Article
Tariffs a Factor, but Still Muted in CPI; Fed to Focus on Labor Market
September 11, 2025 | Brief
The Conference Board Economic Forecast for the Euro Area Economy
September 05, 2025 | Article
Pre-Aug 1 Tariff Buying Likely Boosted July Retail Sales
August 15, 2025 | Brief
The Economic Outlook—Storms or Sunshine Ahead?
September 10, 2025
Economy Watch: US Public Policy and the Economy
April 09, 2025
US Economic Volatility in 2025
February 12, 2025
The Long-term Economic Outlook for the US, Europe, and China
December 11, 2024
The 2025 Global Economic Outlook
November 13, 2024
The Evolving Economic Outlook for Europe
July 10, 2024