Pantheon Macroeconomics

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3rd Feb 2026 09:49USDaily Monitor
  • Adobe’s Digital Price Index is uncorrelated with the official data; its January jump should be ignored.
  • The US is too big an economy for the 2026 World Cup to have anything more than a trivial impact on GDP.
  • We expect a small lift to consumers’ spending in the summer, but even that might be hard to see in the data.

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Keywords for: 5 February 2026 US Monitor

independent macro research, Pantheon Macro, Pantheon Macroeconomics, independent research, ian shepherdson, economic intelligence