1. According to the New York Fed’s Survey of Consumer Expectations, inflation expectations one year ahead fell, while longer-term inflation expectations remained stable.

• Expectations for a higher unemployment rate remained stable.

– Perceived job security improved slightly, while confidence in finding a new job also rose.

• The perceived likelihood of missing a minimum debt payment fell sharply, …

… despite softer views on financial situation.

2. Timely estimates of US growth remain solid across the board.

3. The combination of widespread cold (y-axis) and meaningful snowfall (x-axis) suggests the current winterstorm could rank amongst the most economically disruptive winter events over the past several decades.

4. The federal minimum wage, on an inflation-adjusted basis, has not changed much since the mid-1940s.

5. Recessions have become less frequent in the US.

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