Commercial & Ag Lending Conference 2017
Commercial & Ag Lending Conference 2017 The Future of Lending: Leading Through Change Economic Outlook: Good (But Risky) Times
The Economy Finally Returns to Full Employment % 18 Unemployment rate, U3 Underemployment rate, U6
16 14 12 10 8 6 4
Full-employment
2 95
00
05
10
15
Sources: BLS, Moody’s Analytics Economic Outlook: Good (But Risky) Times
Wage Growth Slowly, but Steadily, Accelerates ECI, wages and salaries, private industries, % change yr ago 4 Ex incentive paid
All
3
2
1 07
08
09
10
11
12
13
14
15
16
17
Sources: BLS, Moody’s Analytics Economic Outlook: Good (But Risky) Times
Pattern of Growth Is Broad Business cycle status, metropolitan areas, Jun 2017
Recession At risk Recovery Expansion Source: Moody’s Analytics Economic Outlook: Good (But Risky) Times
Tight Labor Markets Emerging in All Regions Unemployment rate, 2017Q2, diff. from low of last cycle, ppts
U.S.=0.47 1.23 or greater 0.77 to
The Economy Finally Returns to Full Employment % 18 Unemployment rate, U3 Underemployment rate, U6
16 14 12 10 8 6 4
Full-employment
2 95
00
05
10
15
Sources: BLS, Moody’s Analytics Economic Outlook: Good (But Risky) Times
Wage Growth Slowly, but Steadily, Accelerates ECI, wages and salaries, private industries, % change yr ago 4 Ex incentive paid
All
3
2
1 07
08
09
10
11
12
13
14
15
16
17
Sources: BLS, Moody’s Analytics Economic Outlook: Good (But Risky) Times
Pattern of Growth Is Broad Business cycle status, metropolitan areas, Jun 2017
Recession At risk Recovery Expansion Source: Moody’s Analytics Economic Outlook: Good (But Risky) Times
Tight Labor Markets Emerging in All Regions Unemployment rate, 2017Q2, diff. from low of last cycle, ppts
U.S.=0.47 1.23 or greater 0.77 to
