yahhooyay

The Real Economy Blog

Economic News from RSM

Joseph Brusuelas, Chief Economist and Principal, RSM US LLP

@JoeBrusuelas

Joe Brusuelas, “chief economist to the middle market,” is the preeminent voice championing issues and policies facing midsize companies in the United States and around the world. An award-winning economist, Brusuelas has more than 20 years’ experience analyzing U.S. monetary policy, labor markets, fiscal policy, international finance, economic indicators and the condition of the U.S. consumer.

A member of the Wall Street Journal’s forecasting panel and the UCLA Anderson School of Management's Board of Directors, Brusuelas regularly briefs members of Congress and other senior officials regarding the impacts of federal policy on the middle market and the factors by which middle market executives make business decisions. He also frequently offers his insights on the U.S., Canadian and global economies in the financial media. In 2020, he was named one of the 100 most influential economists by Richtopia. In December 2023, Brusuelas and the economics team were recognized on Bloomberg's list of Best Bond Forecasters after correctly predicting where the benchmark Treasury would end the year.

Before joining RSM in 2014, Brusuelas spent four years as a senior economist at Bloomberg L.P. and the Bloomberg Briefs newsletter group, where he co-founded the award-winning Bloomberg Economic Brief. Earlier in his career, he was a director at Moody's Analytics covering the U.S. and global economies for the Dismal Scientist website. He also served as chief economist at Merk Investments L.L.C. and chief U.S. economist at IDEAglobal.

A spring unlike any other: Ground rules for reopening

by

Thirty states have coronavirus reproduction rates of greater than one (R>1), meaning that each infected person is expected to spread the virus to more than one other person. This implies that the timing of reopening the economy may have been premature and the rules framing that reopening may have involved …  … READ MORE >

Weekly initial jobless claims: Much-needed context as claims rise by 1.5 million

by

While the pace of first-time jobless claims has declined over the past few weeks, such an improvement is still akin to saying someone has turned down the heat in hell. It is clear that the U.S. labor market remains impaired as first-time jobless claims increased by 1.5 million for the week ending June 13, and continuing claims advanced by 20.5 million. This is the thirteenth straight week in which claims have increased by more than one million. … READ MORE >

The Real Economy Blog