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The Kiplinger Letter
David is both staff economist and reporter for The Kiplinger Letter, overseeing Kiplinger forecasts for the U.S. and world economies. Previously, he was senior principal economist in the Center for Forecasting and Modeling at IHS/GlobalInsight, and an economist in the Chief Economist's Office of the U.S. Department of Commerce. David has co-written weekly reports on economic conditions since 1992, and has forecasted GDP and its components since 1995, beating the Blue Chip Indicators forecasts two-thirds of the time. David is a Certified Business Economist as recognized by the National Association for Business Economics. He has two master's degrees and is ABD in economics from the University of North Carolina at Chapel Hill.
Kiplinger’s latest forecast on retail sales and consumer spending.
See More From: Economic Forecasts
Kiplinger’s latest forecast on inflation
Kiplinger’s latest forecast for the GDP growth rate
Kiplinger’s latest forecast on interest rates
Kiplinger’s latest forecast on jobs
Kiplinger’s latest forecast on business equipment spending
U.S. job growth in 2019 is likely to average 170,000 jobs per month, down from 223,000 in 2018. The decline is partly attributable to fewer available workers to hire with the low unemployment rate. Also, ...
Low jobless rates and rising incomes are helping to fatten state coffers across the U.S. Revenue from sales, personal and corporate taxes is on the rise --the best growth since before the Great Recession.
It's official: Social Security benefits will rise 1.6% next year, confirming Kiplinger's forecast for the cost-of-living adjustment.
See More From: Social Security
Shoppers will have to carry the load for now because weak business investment shows no sign of perking up anytime soon. Odds are, they’ll be able to.
See More From: Practical Economics
Most state budgets are in better shape now than they were before the last recession, thanks to steady growth in employment and the resulting rise in tax revenue. Many states have been socking away cash ...
Market corrections cause consumers to keep a tighter grip on their wallets
The U.S. economy is humming along nicely. But how long can the good times continue?
Widespread growth spells even tighter labor markets, and that could start to crimp regional growth rates. Job openings ...
America’s economic engine will continue to hum across all major regions throughout 2018.
The strongest growth is in the West, with plenty of high-wage jobs being created in tech-related hardware and ...
One thing’s for sure: Consumers who live in one of the five states without a sales tax won’t be affected by the Supreme Court’s ruling.
The economy is humming along nicely, but how long can the good times continue?