The Real Economy Blog

Tuan Nguyen

@tuannguyen0709

Tuan Nguyen is an economist at RSM US LLP who analyzes high-frequency economic data within the United States and global economies to better understand the American middle market. Tuan’s data-driven economic analysis and insights enhance the ability of middle market companies to thrive in an increasingly competitive global economy.

Based in New York, Tuan works closely with the firm’s cutting-edge Industry Eminence Program to help senior analysts accelerate data-driven strategies in their line of business. His areas of focus include the comprehensive measurement framework for environmental, social and governance (ESG) financial reporting, as well as trends in behavioral, labor and network economics and in industrial organizations. Before joining RSM, he was a graduate researcher, lecturer and teaching assistant for the economics department of his alma mater, Northeastern University, where he taught macroeconomics, international economics and microeconomic theory.

Nguyen holds a Ph.D. in econometrics and quantitative economics from Northeastern University and holds a bachelor of arts in economics and international affairs from the University of New Hampshire, where he graduated summa cum laude and was recognized as an outstanding economics student.

Spending grows, even with higher-than-expected inflation

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Despite a sharp drop in energy prices, August's personal consumption expenditures price index—the Federal Reserve's key gauge for inflation—rose by 0.3% after falling by 0.1% in July. The price increases ate into spending, bringing spending growth from a 0.4% increase in dollar terms to only a 0.1% ... READ MORE >

Consumer sentiment rises to highest level since May

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Consumer sentiment improved in September as inflation concerns eased, according to the University of Michigan's index released on Friday. The index rose to 59.5 in September, the highest since May. Still, consumers remain pessimistic compared to before the pandemic, when the long-term average was above ... READ MORE >

Industrial production falls for the first time since June

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Industrial production fell by 0.2% in August, the first decline in three months, amid a slowdown in manufacturing and a sharp drop in electricity production. At the same time, mining outputs were flat, likely driven by lower oil prices as demand stalled. After a year and a half of robust growth, ... READ MORE >

Retail sales rebound on strong autos spending

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Retail sales in the United States rose by 0.3%, in August, driven by a sharp rise in spending on automobiles, according to Commerce Department data released on Thursday. But after adjusting for inflation, real retail sales growth was flat on the month, following the strong rebound of 0.8% in ... READ MORE >

Producer prices ease as energy costs fall

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Prices paid to domestic producers deflated for the second month in a row as energy prices continued to fall and food prices remained unchanged. August's producer inflation index for final demand fell by 0.1% from July, according to data released Wednesday by the Bureau of Labor Statistics. On a ... READ MORE >

Initial jobless claims drop to lowest level since May

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The labor market showed continuing strength as last week's new filings for jobless claims fell for the fourth week in a row, tempering recession concerns and bolstering the case for the Federal Reserve to stay aggressive in its interest rate increases. New claims dropped to 222,000, the fewest since ... READ MORE >

The Real Economy Blog