Karen Nye
@knyeecon.bsky.social
Media connection for the economics team at KPMG inc. chief economist Diane Swonk; former financial journalist by trade: CNBC, NBC News and BBC.
US consumers are turning cautious, according to the most recent data we have on spending patterns. Look at the details analyzed by KPMG senior economist Ken Kim.
kpmg.com/us/en/articl...
kpmg.com/us/en/articl...
Retail sales lost momentum in September
Consumers turn cautious.
kpmg.com
November 25, 2025 at 4:44 PM
US consumers are turning cautious, according to the most recent data we have on spending patterns. Look at the details analyzed by KPMG senior economist Ken Kim.
kpmg.com/us/en/articl...
kpmg.com/us/en/articl...
Reposted by Karen Nye
Retail sales weak, while portions of PPI hot - airfares up at fastest pace in PPI since March 2022.
Major margin compression for retailers, automakers & machinery, as tariffs make their way through supply chains.
Major margin compression for retailers, automakers & machinery, as tariffs make their way through supply chains.
November 25, 2025 at 2:21 PM
Retail sales weak, while portions of PPI hot - airfares up at fastest pace in PPI since March 2022.
Major margin compression for retailers, automakers & machinery, as tariffs make their way through supply chains.
Major margin compression for retailers, automakers & machinery, as tariffs make their way through supply chains.
Listen to CBS News, that's WBBM radio in Chicago, for the noon business hour to hear KPMG chief economist Diane Swonk discuss the economic outlook, which is shifting as government economic data begins to trickle out. She will be talking to host Rob Hart.
November 21, 2025 at 5:06 PM
Listen to CBS News, that's WBBM radio in Chicago, for the noon business hour to hear KPMG chief economist Diane Swonk discuss the economic outlook, which is shifting as government economic data begins to trickle out. She will be talking to host Rob Hart.
“This is an economy that adds up on paper to look better than it feels to most Americans,” said @DianeSwonk, chief economist at @KPMG_US. She talked to @pattidomm @barronsonline about the data versus individuals' circumstances.
www.barrons.com/articles/sto...
www.barrons.com/articles/sto...
Stock Market Swings Heighten U.S. Inequality Worries
The high-end households that hold up consumer spending are vulnerable to a stock-market correction.
www.barrons.com
November 20, 2025 at 10:34 PM
“This is an economy that adds up on paper to look better than it feels to most Americans,” said @DianeSwonk, chief economist at @KPMG_US. She talked to @pattidomm @barronsonline about the data versus individuals' circumstances.
www.barrons.com/articles/sto...
www.barrons.com/articles/sto...
Reposted by Karen Nye
Existing home sales got slight lift in Oct; these reflect closings and offers made more than a month prior. All cash still high even as first time buyers saw some gains. Midwest & South are most affordable for first time buyers. East & West not so much.
share.google/EqwCSo7F7mMd...
share.google/EqwCSo7F7mMd...
NAR Existing-Home Sales Report Shows 1.2% Increase in October
Home sales increased in October even with the government shutdown due to homebuyers taking advantage of lower mortgage rates.
share.google
November 20, 2025 at 5:53 PM
Existing home sales got slight lift in Oct; these reflect closings and offers made more than a month prior. All cash still high even as first time buyers saw some gains. Midwest & South are most affordable for first time buyers. East & West not so much.
share.google/EqwCSo7F7mMd...
share.google/EqwCSo7F7mMd...
Read the latest analysis of the job market from labor economist Diane Swonk at KPMG. Listen to her analysis on Bloomberg TV at noon Eastern Time. kpmg.com/us/en/articl...
Payrolls rise, revisions drag on total
Healthcare and hospitality jobs continued to expand.
kpmg.com
November 20, 2025 at 4:44 PM
Read the latest analysis of the job market from labor economist Diane Swonk at KPMG. Listen to her analysis on Bloomberg TV at noon Eastern Time. kpmg.com/us/en/articl...
Listen to Marketplace this morning to hear labor economist Diane Swonk at KPMG explain what the delayed September jobs report tells us.
November 20, 2025 at 2:22 PM
Listen to Marketplace this morning to hear labor economist Diane Swonk at KPMG explain what the delayed September jobs report tells us.
Read about the newest economic data after the shutdown. This report focuses on trade. The deficit narrowed; find out why by reading @kpmg_us senior economist Meagan Schoenberger’s analysis.
kpmg.com/us/en/articl...
kpmg.com/us/en/articl...
Trade deficit boomerangs
Watch temporary factors: port negotiations, hurricanes and potential tariffs.
kpmg.com
November 19, 2025 at 3:28 PM
Read about the newest economic data after the shutdown. This report focuses on trade. The deficit narrowed; find out why by reading @kpmg_us senior economist Meagan Schoenberger’s analysis.
kpmg.com/us/en/articl...
kpmg.com/us/en/articl...
Read the latest issue of KPMG's Central Bank Scanner written by senior economist Ben Shoesmith. He lines up what we have to look forward to in the way of monetary easing, or not. www.linkedin.com/pulse/centra...
Central bank scanner: Central banks strike a tentative pose
This is the fourth edition of our new series of monthly updates on policy changes by major central banks. We have incorporated insights from our global network of economists, policy makers and busines...
www.linkedin.com
November 18, 2025 at 8:10 PM
Read the latest issue of KPMG's Central Bank Scanner written by senior economist Ben Shoesmith. He lines up what we have to look forward to in the way of monetary easing, or not. www.linkedin.com/pulse/centra...
KPMG US chief economist Diane Swonk told Contessa Brewer and Steve Liesman that the Federal Reserve faces a conundrum of whether labor market weakness is cyclical or structural.
www.cnbc.com/video/2025/1...
www.cnbc.com/video/2025/1...
Fed's challenge is if labor weakness is demand related or more structural, says KPMG's Diane Swonk
CNBC's Steve Liesman and Diane Swonk, KPMG chief economist, joins 'The Exchange' to discuss the Fed's December meeting.
www.cnbc.com
November 14, 2025 at 8:16 PM
KPMG US chief economist Diane Swonk told Contessa Brewer and Steve Liesman that the Federal Reserve faces a conundrum of whether labor market weakness is cyclical or structural.
www.cnbc.com/video/2025/1...
www.cnbc.com/video/2025/1...
Watch CNBC The Exchange anchored by Contessa Brewer to hear from KPMG chief economist Diane Swonk about challenges the Fed faces as no data vacuum turns to a deluge.
November 14, 2025 at 5:30 PM
Watch CNBC The Exchange anchored by Contessa Brewer to hear from KPMG chief economist Diane Swonk about challenges the Fed faces as no data vacuum turns to a deluge.
Listen to Marketplace morning report with host David Brancaccio to hear KPMG chief economist Diane Swonk outline the Federal Reserve’s options as a trickle of economic data turns into a deluge.
November 14, 2025 at 2:43 PM
Listen to Marketplace morning report with host David Brancaccio to hear KPMG chief economist Diane Swonk outline the Federal Reserve’s options as a trickle of economic data turns into a deluge.
Watch BBC News Channel to hear @KPMG_US chief economist @dianeswonk.bsky.social assess where the economy stands after the long government shutdown. She'll be talking to Lewis Vaughan Jones in London and Caitriona Perry in DC.
November 13, 2025 at 8:28 PM
Watch BBC News Channel to hear @KPMG_US chief economist @dianeswonk.bsky.social assess where the economy stands after the long government shutdown. She'll be talking to Lewis Vaughan Jones in London and Caitriona Perry in DC.
“It was easier to forecast that we’d have a mild bout of stagflation. It’s another thing to live it,” said Diane Swonk, chief economist at KPMG to the Wall Street Journal's Nick Timiraos about the current economy.
www.wsj.com/economy/cent...
www.wsj.com/economy/cent...
The Fed Is Increasingly Torn Over a December Rate Cut
As data went dark from the government shutdown, inflation hawks pushed to pause rate cuts at a contentious October meeting. The divide might not end soon.
www.wsj.com
November 12, 2025 at 5:10 PM
“It was easier to forecast that we’d have a mild bout of stagflation. It’s another thing to live it,” said Diane Swonk, chief economist at KPMG to the Wall Street Journal's Nick Timiraos about the current economy.
www.wsj.com/economy/cent...
www.wsj.com/economy/cent...
f you missed seeing @KPMG_US chief economist @dianeswonk on Bloomberg TV earlier, here's chance to watch her interview with Matt Miller and Dani Burger on Open Interest. Even with less data, she's able to pull together an updated forecast.
www.bloomberg.com/news/videos/...
www.bloomberg.com/news/videos/...
Search Results Page
www.bloomberg.com
November 7, 2025 at 9:12 PM
f you missed seeing @KPMG_US chief economist @dianeswonk on Bloomberg TV earlier, here's chance to watch her interview with Matt Miller and Dani Burger on Open Interest. Even with less data, she's able to pull together an updated forecast.
www.bloomberg.com/news/videos/...
www.bloomberg.com/news/videos/...
Watch Bloomberg TV at 10am Eastern to see KPMG chief economist Diane Swonk and hear her outlook on the economy.
November 7, 2025 at 2:39 PM
Watch Bloomberg TV at 10am Eastern to see KPMG chief economist Diane Swonk and hear her outlook on the economy.
Reposted by Karen Nye
We did get *some* data today: Jobless claims increased slightly in the final week of October. But the four-week average actually fell. Still no sign of a surge in layoffs in these numbers. #NumbersDay
November 7, 2025 at 2:36 PM
We did get *some* data today: Jobless claims increased slightly in the final week of October. But the four-week average actually fell. Still no sign of a surge in layoffs in these numbers. #NumbersDay
Read about consumer debt from a new Federal Reserve report. Senior economist Matt Nestler at KPMG sifts data to determine the state of consumer debt - mortgages, cars, home equity loans and student loans. Turns out that last is the growing problem for a number of people. kpmg.com/us/en/articl...
Consumer debt looks balanced but not student loans
Another rate cut is a coin toss.
kpmg.com
November 5, 2025 at 9:42 PM
Read about consumer debt from a new Federal Reserve report. Senior economist Matt Nestler at KPMG sifts data to determine the state of consumer debt - mortgages, cars, home equity loans and student loans. Turns out that last is the growing problem for a number of people. kpmg.com/us/en/articl...
Reposted by Karen Nye
In evaluating today's "curious kind of balance" in the labor market, we need to put it in the context of the many curiosities of the labor market during this cycle.
That's part of the reason why I do not see a recessionary dynamic now ...
stayathomemacro.substack.com/p/a-curious-...
That's part of the reason why I do not see a recessionary dynamic now ...
stayathomemacro.substack.com/p/a-curious-...
A Curious Kind of Cycle
Today’s post is an excerpt of a talk I gave last week at the Forecasters Club of New York.
stayathomemacro.substack.com
November 3, 2025 at 9:24 PM
In evaluating today's "curious kind of balance" in the labor market, we need to put it in the context of the many curiosities of the labor market during this cycle.
That's part of the reason why I do not see a recessionary dynamic now ...
stayathomemacro.substack.com/p/a-curious-...
That's part of the reason why I do not see a recessionary dynamic now ...
stayathomemacro.substack.com/p/a-curious-...
Reposted by Karen Nye
Mortgage winter got about 🥶
Avg age first-time buyers jumped to 40 from 38 in NAR survey,
oldest on record back to 1980s.
Hard even as some markets hottest post pandemic markets experiencing price drops. Insurance & taxes hurt affordability more than mortgage rates.
share.google/XwCFhqj82war...
Avg age first-time buyers jumped to 40 from 38 in NAR survey,
oldest on record back to 1980s.
Hard even as some markets hottest post pandemic markets experiencing price drops. Insurance & taxes hurt affordability more than mortgage rates.
share.google/XwCFhqj82war...
First-Time Home Buyer Share Falls to Historic Low of 21%, Median Age Rises to 40
The historically low share of first-time buyers underscores the real-world consequences of a housing market starved for affordable inventory.
share.google
November 4, 2025 at 7:01 PM
Mortgage winter got about 🥶
Avg age first-time buyers jumped to 40 from 38 in NAR survey,
oldest on record back to 1980s.
Hard even as some markets hottest post pandemic markets experiencing price drops. Insurance & taxes hurt affordability more than mortgage rates.
share.google/XwCFhqj82war...
Avg age first-time buyers jumped to 40 from 38 in NAR survey,
oldest on record back to 1980s.
Hard even as some markets hottest post pandemic markets experiencing price drops. Insurance & taxes hurt affordability more than mortgage rates.
share.google/XwCFhqj82war...
Read the November issue of Economic Compass by
Diane Swonk, chief economist at KPMG. She examines how on the one hand, the economy is booming, mostly on AI investment. On the other hand, the labor market is lagging, something that started this year. kpmg.com/us/en/articl...
Diane Swonk, chief economist at KPMG. She examines how on the one hand, the economy is booming, mostly on AI investment. On the other hand, the labor market is lagging, something that started this year. kpmg.com/us/en/articl...
Rising tide fails to lift all boats
A jobless boom
kpmg.com
November 4, 2025 at 9:52 PM
Read the November issue of Economic Compass by
Diane Swonk, chief economist at KPMG. She examines how on the one hand, the economy is booming, mostly on AI investment. On the other hand, the labor market is lagging, something that started this year. kpmg.com/us/en/articl...
Diane Swonk, chief economist at KPMG. She examines how on the one hand, the economy is booming, mostly on AI investment. On the other hand, the labor market is lagging, something that started this year. kpmg.com/us/en/articl...
See how Diane Swonk at KPMG explains what the Fed is trying to do, talking to Tom Keene on Bloomberg TV. www.bloomberg.com/news/videos/...
Fed Now Has a ‘Dueling Mandate,’ KPMG’s Swonk Says
www.bloomberg.com
October 30, 2025 at 12:10 PM
See how Diane Swonk at KPMG explains what the Fed is trying to do, talking to Tom Keene on Bloomberg TV. www.bloomberg.com/news/videos/...
Take a look at KPMG chief economist Diane Swonk's insights following the Federal Reserve meeting:
kpmg.com/us/en/articl...
kpmg.com/us/en/articl...
Fed cuts amidst dueling mandate
December “not a forgone conclusion”
kpmg.com
October 29, 2025 at 8:37 PM
Take a look at KPMG chief economist Diane Swonk's insights following the Federal Reserve meeting:
kpmg.com/us/en/articl...
kpmg.com/us/en/articl...
Watch Bloomberg TV to hear Fed watcher and KPMG chief economist Diane Swonk's interpretation of the recent Fed action.
October 29, 2025 at 6:13 PM
Watch Bloomberg TV to hear Fed watcher and KPMG chief economist Diane Swonk's interpretation of the recent Fed action.
Listen to WBBM News radio, CBS News Radio in Chicago, at noon Central Time to hear a preview of the Federal Reserve meeting from KPMG chief economist Diane Swonk. She'll be talking to host Rob Hart.
October 29, 2025 at 4:33 PM
Listen to WBBM News radio, CBS News Radio in Chicago, at noon Central Time to hear a preview of the Federal Reserve meeting from KPMG chief economist Diane Swonk. She'll be talking to host Rob Hart.