Consumer sentiment is in a rut since this summer—and that can help us forecast future trends in the U.S. With some added historical perspective, consumers right now have it pretty good. We want to hear from you! We’re looking to learn more about listeners of Economic Take to improve and evolve the podcast. jpmorgan.surveymonkey.com/r/economictake

Economic Take

The Odd Dip In Consumer Sentiment

What we’re anticipating from the Fed for the next few years isn’t monetary tightening, but a gradual easing of monetary accommodation. And a few good reasons to downplay a slim September jobs report. We want to hear from you! We’re looking to learn more about listeners of Economic Take to improve and evolve the podcast. jpmorgan.surveymonkey.com/r/economictake  

Foot’s Coming Off the Gas, But No Brakes Yet

October’s jobs report and profit reports will tell us plenty about the momentum in the market. And a rise in mortgage rates from their pandemic lows could be a boost for landlords. We want to hear from you! We’re looking to learn more about listeners of Economic Take to improve and evolve the podcast. It's just six short questions: jpmorgan.surveymonkey.com/r/economictake  

Reading into the Latest on Jobs, Rates and Rents

As the economy rebounds, the Fed’s not budging — a clear sign of the Fed’s rethinking since a decade ago. Also, a look at why air travel numbers are a signal for the broader economy.  

The Fed’s Evolution, and Air Travel’s Indicators

This year’s surge in housing prices doesn’t have much in common with the crisis from a decade ago. Behind it is a positive change in household buying power driven by lower mortgage rates and higher incomes.  

Blue Skies for the Multifamily Sector

Small businesses saw both the challenges and opportunities of economic upheaval the last year. Chase for Business joined the Economic Take podcast to unpack how the economy and labor shortages are impacting small businesses—and how entrepreneurs are adapting.  

How Small Businesses Have Updated Their Playbook

GDP is back to pre-pandemic levels, the economy is still short millions of jobs and businesses are struggling to fill job openings. The gap between national output and employment could lead to a few different scenarios, and each one looks different for growth and Fed policy in the years ahead.  

Why the Gap Between GDP and Jobs Matters

The value of the U.S. stock market now is twice the size of the U.S. economy. What macroeconomic factors led to the market’s record highs, and what’s on the horizon?

What’s Driving the Current Earnings Bonanza

Businesses finally took a long-needed leap toward automation. (It was a global pandemic that provided the shove.)      

A Lasting COVID Effect: Increased Labor Productivity

By focusing on the core and not the more volatile sectors like food and energy, the Fed gets a steadier look at the big economic picture. Still, economists are gravitating toward other gauges of inflation.  

What the Fed Tunes Out from Inflation Measurements, and Why

Even with the economy rebounding, nonfarm employment is still several million below of its pre-pandemic mark. Schools and restaurants account for a big share, but signs point in the right direction.

Two Areas Making the Bulk of the Jobs Shortfall

The second-quarter GDP report reveals the culprit behind inventory shortages: A rare divergence between final demand and production. Jim explains how the situation will probably ease.  

Supply Chain Bottlenecks Are the Hangover After Hunkering Down

Inflation readings and price pressures all point toward pandemic bottlenecks. That’s why the Fed’s “transitory” explanation is the right idea.

“Transitory” Tells the Full Inflation Story

A JPMorgan Chase survey of mid-sized businesses suggests leaders are confident as companies bounce back from the pandemic. They also give insight into how they navigated the last year, and, perhaps more importantly, how they plan to take on the next challenges and opportunities.  

Ready for the Challenge: Leaders Optimistic on Innovation

We’re moving around again, and that’s giving a lift to industries slowed by the pandemic. Jim explains how the energy and aviation sectors offer a glimpse at what’s ahead.

What’s Fueling Price Jumps at the Pump?

A podcast covering the latest on the economy with JPMorgan Chase Commercial Banking’s Head Economist, Jim Glassman.

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Economic Take

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