2024 Mid-Year Benchmark Review of US Economic Indicators

As we look back on the first half of 2024, a review of the Census Bureau Index of Economic Activity YTD indicates that, as predicted, we are an economy in flux. Sharp spikes both up and down characterized the first three months, followed by a general evening out through the first of June. Hovering right at or just below the mean of zero as we arrive in mid-July, confidence in the economy generally is holding. With continued uncertainty in this election year and ongoing conflicts internationally, expect the second half of 2024 to bring even more variation.

For further reading: https://www.census.gov/economic-indicators/?utm_campaign=&utm_content=&utm_medium=email&utm_source=govdelivery