Julia Coronado is Chief Economist, North America for BNP Paribas' global market economics team. Prior to joining BNP Paribas, Julia was a Senior U.S. Economist at Barclays Capital in New York, where she helped formulate the forecast for the U.S. Economy and Fed policy. After receiving a Ph.D. in Economics from the University of Texas Julia worked as an Economist for the Federal Reserve Board of Governors in Washington D.C., working in Flow of Funds and Macroeconomic Analysis sections in the Division of Research and Statistics. She regularly briefed the Board and contributed to the FOMC forecasts, and she represented the Federal Reserve at meetings of the OECD’s Committee on Financial Markets. Julia has deep expertise in aging issues and worked as Director of Retirement Research at the think tank, Watson Wyatt Worldwide. She currently serves on the Board of Directors of the Pension Research Council at the Wharton School. Julia represents the firm’s economic views both to clients and the media and is a frequent commentator on economic issues in the financial press.
Posted In: consumer spending, income, Taxes
U.S. personal income and consumer spending increased by 0.2 percent in March. Julia Coronado, chief economist with the investment bank BNP Paribas, discusses the numbers and what they mean for the economy.
Posted In: consumer, consumer spending, income
Consumers had a strong February -- spending jumped 0.7 percent and personal income rose 1.1 percent.