Location Strategy Chartbook 022424

Location Strategy Chartbook

Who you are voting for determines your view of the economy.

What if the Congressional Budget Office is underestimating the trajectory of Treasury yields?

People were too aggressive in anticipating rate cuts. The repricing in rate cut expectations this year has been substantial. The blue line is where we have expected rates to be.

While the six-month changes in the indicator continue to suggest recessionary conditions, the Conference Board no longer anticipates a recession.

The January report on producer prices surpassed expectations,…

The resurgence of inflation is a significant worry, as estimates suggest a marked increase in supercore PCE inflation for January.

Nomura’s assessment of January’s core PCE inflation points to the largest monthly increase in a year.

The Fed should be encouraged by improving US productivity, which could serve to contain inflationary pressures.

Global LNG demand to increase by 50% by 2040.

Growth in posted wages on Indeed continues to ease.

Job openings remain elevated for businesses with 1-9 employees, while larger firms have scaled back.

Housing Starts drop by most since 2020.

SF permits are still high though.

Homebuyer demand has been softening, according to Redfin.

More than a quarter of lower-priced homes in the US are purchased by investors.

Existing home sales were roughly in line with 2023 levels in January.

Fast Food Prices are still accelerating

Chocolate Prices have reached an all time high