Pantheon Macroeconomics

Best viewed on a device with a bigger screen...

8th Jun 2023 15:52U.S., Daily Monitor

  • People are still running down excess savings accumulated during Covid, boosting spending…
  • …But this boost will soon fade; only a third of excess savings remain, and they are unevenly distributed.
  • The spike in jobless claims is not necessarily a signal of labor market weakening; more data are needed.

Are you taking full advantage of our daily publications?

Pantheon Macroeconomics produce daily publications for U.S., Eurozone, Latin America, UK and Asia, as well as analysis on key data within a few minutes of their release.

U.S. Economic Research
Eurozone Economic Research
Latin America Economic Research
UK Economic Research
Asia Economic Research

Sign up for your complimentary trial

To start your complimentary trial, highlight the areas you are interested in subcribing to and click next.

United States


United Kingdom

China +

Emerging Asia

Latin America


Consistently Right
Access Key Enabled Navigation
Keywords for: 9 June 2023 US Monitor

consumer spending, jobless claims, June, labor, labor market, savings, us, Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence