The Demographic Challenge to Above 2% Growth
Given current and projected productivity and labor supply dynamics, productivity is unlikely to provide a significant lift to future growth.
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Monthly Pension Update
Due to growth assets and interest rates, funded status rose .6% this month from 86.9% to 87.5%.
Monthly Pension Update
Due to growth assets and interest rates, funded status rose 1.5% this month from 85.4% to 86.9%.
3Q19 earnings bulletin: Skating on thin ice
The economic backdrop in 2019 has been characterized by weakness in manufacturing being offset by the resilience of services and health of the consumer.