US Economic Outlook | Northern Trust US Economic Outlook | Northern Trust
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Economic Trends & Insights

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U.S. Economic Outlook

Review our forecasts for selected economic indicators and interest rates and explore how they could affect future U.S. economic conditions.

Read Long and Variable Lags

The Northern Trust Economics team shares an outlook for U.S. growth, inflation, employment and interest rates.

Read Pre-Season Prospects

The Northern Trust Economics team shares its outlook for U.S. growth, employment, inflation and interest rates.

Read Never A Dull Moment

The Northern Trust Economics team shares its outlook for U.S. growth, employment, inflation and interest rates.

Read Soft Landing Takes Shape

The Northern Trust Economics team shares its outlook for U.S. growth, employment, inflation and interest rates.

Read No Half Measures

The Northern Trust Economics team reacts to the Fed's decision and shares its outlook for U.S. growth, employment and inflation.

Read Hot Summer, Cool Data

The Northern Trust Economics team shares its outlook for U.S. growth, employment, interest rates and inflation.

Read The Final Descent

The Northern Trust Economics team shares its outlook for U.S. growth, employment, interest rates and inflation.

Read Trust The Process

The Fed is moving toward cuts slowly and not-so-surely.

Read Good Is the Enemy of Great

Hotter economic readings are preferable to a recession, but not ideal.

Read Plot Twist

Sticky inflation has delayed but not derailed rate cuts.

Read No Rush To Cut

We see little reason for the Fed to cut rates quite yet.

Read Heavy Lifting

The year has started with strong economic momentum.

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Our Economists

Carl R. Tannenbaum

Carl Tannenbaum is the Chief Economist for Northern Trust. In this role, he briefs clients and colleagues on the economy and business conditions, prepares the bank's official economic outlook and participates in forecast surveys. He is a member of Northern Trust's investment policy committee, its capital committee, and its asset/liability management committee.

Ryan James Boyle

Ryan James Boyle is the Chief U.S. Economist within the Global Risk Management division of Northern Trust. In this role, Ryan is responsible for briefing clients and partners on the economy and business conditions, supporting internal stress testing and capital allocation processes, and publishing economic commentaries.

Vaibhav Tandon

Vaibhav Tandon is the Chief International Economist within the Global Risk Management division of Northern Trust. In this role, Vaibhav briefs clients and colleagues on the economy and business conditions, supports internal stress testing and capital allocation processes, and publishes the bank's formal economic viewpoint. He publishes weekly economic commentaries and monthly global outlooks.

Discover More Insights

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Gain quick insights by joining our chief economist for a 90-second video journey into today’s most impactful economic issues.
Review our forecasts for selected economic indicators and interest rates and explore how they could affect future U.S. economic conditions.
Explore the prospects and challenges ahead for the U.S., the U.K., the eurozone, China and Japan through analysis from our global economic research team.