Economic Commentary

Economy & Policy February 21, 2025 Chief Economist Eugenio J. Alemán discusses current economic conditions. Back in May of 2024, we wrote a weekly commentary called: “We Can’t Import Cheap Homes; But We Could Import Cheap EV Cars.” In that weekly we argued that since the U.S. auto industry, does not want to build small cars […]

Economy & Policy February 14, 2025 Chief Economist Eugenio J. Alemán discusses current economic conditions. Tariff concerns are not only affecting inflation expectations but also Americans’ consumption patterns. Americans went on a spending spree at the end of last year, probably trying to pull purchases ahead of potential tariffs while eating pulled pork and enjoying […]

Economy & Policy February 10, 2025 While the expectation is Congress will raise the debt ceiling, the process is likely to be volatile. The turn of the calendar to 2025 brought with it the end of the federal debt limit suspension. Congress is now on the clock to reach an agreement on raising the debt […]

Economy & Policy February 07, 2025 Chief Economist Eugenio J. Alemán discusses current economic conditions. Tariffs seem to have become a staple of Americans’ dictionaries lately as the new administration uses this policy instrument to achieve objectives that are not directly tied to the reasons tariffs have been used in the past. That is, typically, […]