Gregory Daco

While the world focused on escalating global trade tensions, the Bureau of Labor Statistics reported Friday that nonfarm payrolls surged by 228,000 in March, far better than economists’ forecasts of 135,000. Economists are weighing in on the positive jobs report as fears of a global trade war...

All of February's factory cost inflation measures came in lower-than-expected in the Producer Price Index report released Thursday. Economists are weighing in on what it could mean for the U.S. economy going forward.  What To Know: The weaker-than-expected producer inflation report follows...

November's retail sales outpaced expectations, rising a 0.7% from October and outpacing market expectations of a 0.5% increase. Some experts are pointing out that inflation may be partially responsible for the increase in retail sales data.  Experts React: Retail sales grew by 3.8% year-over-year,...

U.S. stocks could get off to a positive start on Monday after the averages registered a mixed October. While the S&P 500 and Dow Jones snapped their five-month winning streak, the Nasdaq Composite closed in the green buoyed by Big Tech earnings. America goes to polls on Tuesday to elect its...

The latest Consumer Sentiment Report from the University of Michigan is out, and it's showing positive results. Preliminary results from the university’s monthly survey of consumers puts its index of consumer sentiment at 64.6 in January, up from 59.7 in December. Gregory Daco, chief...

Many Donald Trump voters and patriotic Americans have cheered recent decisions by American companies to create American jobs rather than relying on foreign labor in Mexico, China and elsewhere. President Trump has heavily pressured companies to keep these low-level jobs right here in the United...