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Housing starts fall to three-year low amid 7% mortgage rate

Housing starts fall to three-year low amid 7% mortgage rate

< Back to the Insights Gallery Housing starts fall to three-year low amid 7% mortgage rateREAL ECONOMY BLOG | September 19, 2023Authored by RSM US LLPHousing starts in the United States fell by a sharp 11.3% in August, the second double-digit drop in three months,...
Low core inflation should keep the Fed from hiking rates

Low core inflation should keep the Fed from hiking rates

< Back to the Insights Gallery Low core inflation should keep the Fed from hiking ratesREAL ECONOMY BLOG | September 19, 2023Authored by RSM US LLPWhile we expect the Federal Reserve to hold rates unchanged on Wednesday, what its updated Summary of Economic...
As financing costs surge, the real economy faces a reckoning

As financing costs surge, the real economy faces a reckoning

< Back to the Insights Gallery As financing costs surge, the real economy faces a reckoningARTICLE | September 07, 2023Authored by RSM US LLPAs the era of easy money and low-cost financing ends, middle market businesses are facing a reckoning.Rising real interest...
Generative AI and the coming productivity boom

Generative AI and the coming productivity boom

< Back to the Insights Gallery Generative AI and the coming productivity boomARTICLE | September 07, 2023Authored by RSM US LLPAfter years of hype, generative artificial intelligence is leading us to the exact place proponents had predicted: the next frontier in...