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The State of the Economy for May 2025

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Manage episode 485287788 series 2946050
Content provided by The Conference Board. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by The Conference Board or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Tariffs and stock market movements remained top of mind for consumers in May. The Expectations Index—based on consumers’ short-term outlook for income, business, and labor market conditions—showed modest improvement overall. Expectations for business conditions and the labor market inched up but stayed in pessimistic territory. The key bright spot was income expectations, which moved into positive territory, supported by a stronger stock market and early signs of progress on a trade deal with China.

Dana Peterson, Chief Economist and Leader of the Economy, Strategy & Finance Center at The Conference Board, sits down with Stephanie Guichard, Senior Economist, Global Indicators, and Erik Lundh, Senior Global Economist, to discuss the outlook for the US GDP, whether consumers are worried about a recession, and how the Fed might handle the current uncertainty.

00:38 Consumer Confidence in May 

01:34 Impact of Tariffs and Financial Markets 

04:08 Consumer Expectations and Spending 

08:21 Inflation and Financial Concerns 

13:03 Changes in US and Global Economic Forecasts 

21:10 Factors Influencing Future Economic Outlook 

22:46 Conclusion and Farewell 

  continue reading

118 episodes

Artwork
iconShare
 
Manage episode 485287788 series 2946050
Content provided by The Conference Board. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by The Conference Board or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Tariffs and stock market movements remained top of mind for consumers in May. The Expectations Index—based on consumers’ short-term outlook for income, business, and labor market conditions—showed modest improvement overall. Expectations for business conditions and the labor market inched up but stayed in pessimistic territory. The key bright spot was income expectations, which moved into positive territory, supported by a stronger stock market and early signs of progress on a trade deal with China.

Dana Peterson, Chief Economist and Leader of the Economy, Strategy & Finance Center at The Conference Board, sits down with Stephanie Guichard, Senior Economist, Global Indicators, and Erik Lundh, Senior Global Economist, to discuss the outlook for the US GDP, whether consumers are worried about a recession, and how the Fed might handle the current uncertainty.

00:38 Consumer Confidence in May 

01:34 Impact of Tariffs and Financial Markets 

04:08 Consumer Expectations and Spending 

08:21 Inflation and Financial Concerns 

13:03 Changes in US and Global Economic Forecasts 

21:10 Factors Influencing Future Economic Outlook 

22:46 Conclusion and Farewell 

  continue reading

118 episodes

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