Image
user avatar
Mark Zandi
@Markzandi
Chief Economist @economics_ma. Host of Inside Economics podcast bit.ly/3nTDcog. Co-founder of Economy.com. Views expressed here are my own.
economy.com/markzandi
Joined March 2010
151
Following
48.6K
Followers
Posts
  • user avatar
    Mark Zandi
    @Markzandi
    Sep 29, 2024
    I’ve hesitated to say this at the risk of sounding hyperbolic, but with last week’s big GDP revisions, there is no denying it: This is among the best performing economies in my 35+ years as an economist. Economic growth is rip-roaring, with real GDP up 3% over the past year.
    3.4M
  • user avatar
    Mark Zandi
    @Markzandi
    Oct 4, 2024
    The jobs report for September cements my view that the economy is about as good as it gets. The economy is creating lots of jobs across many industries, consistent with robust labor force growth, and thus low and stable unemployment. The economy is at full-employment, no more and
    323K
  • user avatar
    Mark Zandi
    @Markzandi
    Aug 3, 2025
    The economy is on the precipice of recession. That’s the clear takeaway from last week’s economic data dump. Consumer spending has flatlined, construction and manufacturing are contracting, and employment is set to fall. And with inflation on the rise, it is tough for the Fed to
    419K
  • user avatar
    Mark Zandi
    @Markzandi
    Oct 6, 2023
    The more I dig into the Sept jobs report, the more I like it. The job market is strong, but not too strong to forestall lower inflation. All signs suggest the economy is at full-employment, not beyond, and labor supply is keeping up with labor demand. Couldn’t be much better.
    186K
  • user avatar
    Mark Zandi
    @Markzandi
    Nov 3, 2023
    Wow. What a great week for the economy. The Oct jobs report was as good as it gets. Resilient, but moderating job growth, and easing wage pressures. And with oil prices back down to near $80/barrel, 10-yr T-yields close to 4.5%, and stocks showing lots of green, it’s tough not to
    356K
  • user avatar
    Mark Zandi
    @Markzandi
    Jun 12, 2022
    Understanding what is behind the painfully high CPI inflation is key to understanding where it is headed and when. This table should help with this. The Russian invasion and spike in oil and other commodity prices is the #1 reason, followed by the pandemic & the housing shortage.
    Image
  • user avatar
    Mark Zandi
    @Markzandi
    Jun 20, 2024
    President Biden and former President Trump will pursue very different economic policies if re-elected. In this analysis we assess the macroeconomic consequences of the policies proposed by the candidates. Bottom line, Biden’s policies are better for the economy than Trump’s.
    Image
    231K
  • user avatar
    Mark Zandi
    @Markzandi
    Apr 21, 2025
    The Trump administration’s policies are set to severely diminish the economy, not only for the next few months but for years. The administration’s trade war is undermining the global safe-haven status of the U.S., which has provided incalculable benefits, including our economy’s
    Image
    139K
  • user avatar
    Mark Zandi
    @Markzandi
    Dec 17, 2023
    As 2023 comes to an end, it is increasingly clear that not only did the economy avoid a widely anticipated recession, but it was also a great year for the economy. Real GDP is on track to grow a heady 2.5%, unemployment has remained below 4%, and inflation has quickly receded.
    272K
  • user avatar
    Mark Zandi
    @Markzandi
    Oct 15, 2023
    As a professional economist, I do lots of forecasting. Some forecasts I’m confident in, some not so much. I’m confident that the growth in consumer prices for shelter is headed much lower and that this will push overall inflation back near the Fed’s target by this time next year.
    Image
    478K
  • user avatar
    Mark Zandi
    @Markzandi
    Mar 30, 2025
    I’m raising my odds that a recession will begin sometime this year to 40%, up from 15% at the start of the year. Last week’s economic data were disconcerting, including the slide in consumer confidence, punk consumer spending, and persistently high inflation. The intensifying
    366K
  • user avatar
    Mark Zandi
    @Markzandi
    Sep 1, 2023
    The August jobs report couldn’t be much better. Job growth is solid but slowing. Unemployment rose, but for that right reason - more labor supply as participation jumped. Wage growth continues to moderate and hours worked rose. The report has soft landing written all over it.
    162K
  • user avatar
    Mark Zandi
    @Markzandi
    Oct 22, 2023
    If you had told me a few months ago that today 10-year Treasury yields would be near 5% and mortgage rates over 8%, I probably would have told you that the stock market would be down big and the economy headed to recession. While that still could happen, odds are good that it
    670K
  • user avatar
    Mark Zandi
    @Markzandi
    Jan 25, 2024
    Goodness, the increase in GDP at the end of last year was meaningfully stronger than I had expected. Not only did consumers spend and businesses invest more, as anticipated, but unexpectedly trade and inventories added to growth. But despite the robust growth, inflation was
    245K