September 30, 2019

Chart of the Week: U.S. sentiment holding up — for now

by Fathom Consulting.

The August reading for Fathom’s US Economic Sentiment Indicator was 3.8%, as weakness in manufacturing continued to be more than offset by resilience elsewhere. Global activity remains sluggish and is set to get worse over the next year, with the manufacturing sector highly exposed. But the bigger picture is that sentiment in the US has appeared unusually high relative to domestic economic conditions for some time. We expect US GDP growth to soften over the next couple of years, while avoiding recession, eventually dragging down sentiment with it.

Refresh the chart in your browser Edit chart in Datastream



Financial time series database which allows you to identify and examine trends, generate and test ideas and develop view points on the market.

Refinitiv offers the world’s most comprehensive historical database for numerical macroeconomic and cross-asset financial data which started in the 1950s and has grown into an indispensable resource for financial professionals. Find out more.

Get In Touch


We have updated our Privacy Statement. Before you continue, please read our new Privacy Statement and familiarize yourself with the terms.×