David Payne
David is both staff economist and reporter for The Kiplinger Letter, overseeing Kiplinger forecasts for the U.S. and world economies. Previously, he was senior principal economist in the Center for Forecasting and Modeling at IHS/GlobalInsight, and an economist in the Chief Economist's Office of the U.S. Department of Commerce. David has co-written weekly reports on economic conditions since 1992, and has forecasted GDP and its components since 1995, beating the Blue Chip Indicators forecasts two-thirds of the time. David is a Certified Business Economist as recognized by the National Association for Business Economics. He has two master's degrees and is ABD in economics from the University of North Carolina at Chapel Hill.
Latest articles by David Payne
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Is Relief from Shipping Woes Finally in Sight?
business After years of supply chain snags, freight shipping is finally returning to something more like normal.
By David Payne Published
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USPS to Raise Rates for "Holiday" Season Again
personal finance If you want to avoid surge pricing for the postal service, you’ll need to send your holiday packages in September.
By David Muhlbaum Published
personal finance -
What Will Happen With Health Costs in 2023
Business Costs & Regulation Higher drug costs are likely to accelerate health insurance premium increases.
By David Payne Published
Business Costs & Regulation -
Retirees to Get Big Social Security COLA Boost for 2022
social security The increase in the Social Security cost-of-living adjustment for 2022 was driven by higher prices for fuel, appliances and cars.
By David Payne Published
social security -
Retirees Likely to Receive Significant Bump in Social Security Benefits in 2022
social security The cost-of-living adjustment for Social Security benefits for next year is expected to be the largest since 1982.
By David Payne Published
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Federal Debt: A Heavy Load
Economic Forecasts The debt continues to grow, but record-low interest rates could ease the long-term damage.
By David Payne Published
Economic Forecasts -
How the Fed's Moves Affect You
Economic Forecasts It’s pumping trillions of dollars into the economy and keeping rates near zero. Savers are sunk, but borrowers get a boost.
By David Payne Published
Economic Forecasts -
Coronavirus Drugs Already in the Pipeline
investing It's not just chloroquine. Other existing medicines are being brought to bear against COVID-19. We look at what drugs have promise against COVID-19, and when they will get here.
By David Payne Published
investing -
10 Products in Short Supply Due to the Coronavirus
business Certain consumer goods are getting scarce, and we don't just mean hand sanitizer and toilet paper.
By David Payne Published
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U.S. Manufacturing Is Already Ailing from Coronavirus
Economic Forecasts Supplies are hard to come by, and in the longer-term demand may be at risk.
By David Payne Published
Economic Forecasts -
Consumers Will Feel Impact of Rapidly Falling Interest Rates
Economic Forecasts Mortgage and car loans will experience the most significant dips, while some holders of Treasuries may get a slight boost.
By David Payne Published
Economic Forecasts -
How Hard Will Coronavirus Hit U.S., Global Economies?
Economic Forecasts COVID-19 poses serious risk of economic damage, possibly even a recession, even as its health impacts will be limited.
By David Payne Published
Economic Forecasts -
10 States With the Slowest Rates of Job Growth, 2020
Economic Forecasts U.S.
By David Payne Published
Economic Forecasts -
10 States With the Fastest Rates of Job Growth, 2020
Economic Forecasts U.S.
By David Payne Published
Economic Forecasts -
Kiplinger’s Economic Outlook for All 50 States, 2020
Economic Forecasts Low jobless rates and rising incomes are helping to fatten state coffers across the U.S.
By David Payne Published
Economic Forecasts -
Is a Recession Imminent?
Economic Forecasts Shoppers will have to carry the load for now because weak business investment shows no sign of perking up anytime soon. Odds are, they’ll be able to.
By David Payne Published
Economic Forecasts -
10 States Most Unprepared for This Deep Recession
Economic Forecasts Most state budgets are in better shape now than they were before the last recession, thanks to steady growth in employment and the resulting rise in tax revenue.
By David Payne Published
Economic Forecasts -
Falling Stocks Can Ding the Economy
Economic Forecasts Market corrections cause consumers to keep a tighter grip on their wallets
By David Payne Published
Economic Forecasts -
Kiplinger's Economic Outlook for All 50 States, 2018
Economic Forecasts
By David Payne Published
Economic Forecasts -
10 States With the Fastest Rate of Job Growth, 2018
Economic Forecasts The U.S.
By David Payne Published
Economic Forecasts -
Will You Have to Pay More Sales Taxes on Your Online Purchases?
business One thing’s for sure: Consumers who live in one of the five states without a sales tax won’t be affected by the Supreme Court’s ruling.
By David Payne Published
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3 Factors That Could Drive the Next Recession
Economic Forecasts The economy is humming along nicely, but how long can the good times continue?
By David Payne Published
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15 Satellite Cities Poised to Thrive in 2018
business Job seekers often overlook the small and medium cities located near or in-between the big hubs.
By David Payne Published
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10 States With the Fastest Job Growth in 2016
Economic Forecasts Looking for a job?
By David Payne Published
Economic Forecasts