Economic Reports

PNC's National Economic Outlook provides analysis and forecasts of key U.S. economic variables, such as real GDP, interest rates, inflation, income, employment, industrial production and house prices.

Read the Current 2020 Report - October

Previous Reports - September | August | July

PNC's Market Expectation Survey lists the current consensus forecast for key economic data releases for the upcoming week, as well as PNC's own forecast for each item. A comprehensive calendar listing recent data for key economic indicators is provided on the second page.

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Chinese Growth Broadens Further as Consumers Open Wallets; Crosswinds for the U.S. Recovery in November - 11/16/20

Bank of England Adds Stimulus as Risk of a British Double-Dip Recession Rises; U.S. Unemployment Lower in October – 11/9/20

ECB Signals More Stimulus Coming in December; Second Lockdowns across Europe as Second Wave Worsens – 11/02/20

U.S. Growth Momentum Up a Bit in Early October Indicators; European Services PMIs Weaken as Second Wave Worsens – 10/26/20

China’s Recovery Accelerates in Q3, But Industrial Recoveries Lose Steam Elsewhere around the World – 10/19/20

PNC's Economic Releases provide analysis of the day's major economic indicators and breaking news and how that news or data will shape the overall economic outlook and financial market trends.

Huge Holiday Gain for Online Retailers Will Outweigh Hit to In-Store Sales from Pandemic - 11/18/2020

Vaccine News Raises Hopes for Stronger Recovery; Election Results Mixed for Stimulus - 11/12/2020

Slightly Softer Job Growth in October, But Big Drop in Unemployment Rate – 11/8/20

FOMC Holds Steady; ADP Points to Slower Job Growth in October – 11/05/20

Record GDP Growth in Q3, But Still Well Below Pre-Recession Peak; Path Forward Less Certain – 11/5/20