Economic Report: Diverging Data
Since the presidential election, there has been a growing divide between the so-called “soft” and “hard” economic data.
Since the presidential election, there has been a growing divide between the so-called “soft” and “hard” economic data. While consumer and business sentiment, along with the stock market, have boomed, economic fundamentals – such as GDP and wage growth, have remained tepid. As this divergence continues, it has many economists and market participants questioning the rationality of this optimism. Watch this month’s Economic Video Update with Robert Spendlove, Economic and Public Policy Officer for Zions Bank, to get his insights into this trend and what he sees going forward.
The department of Economics and Public Policy at Zions Bank informs and educates employees, clients, and the community by providing insight and analysis on issues related to local, national and global economic trends as well as federal banking policies. The primary goal of the Economic and Public Policy team is to help individuals and businesses understand important issues that can impact their daily financial decisions. For more information and analysis, please visit www.zionsbank.com/economy.
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