Research Briefing | Dec 1, 2021

United States 2022 Themes: A ‘MESSI’ year ahead

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We anticipate 2022 will be a ‘MESSI’ (Moderating Expansion with Sticky Supply-driven Inflation) year for the US economy. After experiencing one of the most severe economic shocks of the past century in 2020, the US economy has vaulted into one of the most rapid recoveries in modern history in 2021. Still, it’s not time to pop the Champagne. The recovery process is far from complete, and the next stage of the recovery will be trickier to navigate.
What you will learn in this extensive 7-page research briefing:

A strong, sustainable economic recovery won’t be possible without a strong, sustainable health recovery.
Strong organic income support favors a consumer spending rotation in 2022.
A gradual labor supply recovery should drive stronger job growth in 2022.

Tags: ConsumerCoronavirusGrowth & secular trendsHealthMonetary policy

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