Weekly Economic Commentary

Northern Trust
By October 17, 2019 08:39

Weekly Economic Commentary

The fourth-quarter holiday seasons have expanded to unacceptable lengths. I noticed Halloween candy for sale in August, Thanksgiving cards out in September, and Christmas decorations on the shelves…virtually year-round. I realize the commercial aspects of these occasions have taken on increasing prominence, but I would support legislation that establishes firm timelines separating them. However premature, the appearance of harvest-related items generally marks a turning point in the calendar. Conditions are cooling in Northern climes, and preparations are being made for chillier times ahead. The same might be said for the American economy; growth is cooling, and analysts are wondering whether a deeper chill lies ahead. Signals that gauge the temperature of business activity are receiving increased scrutiny.

Northern Trust
By October 17, 2019 08:39

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