See All Authors »

David Payne

Staff Economist
The Kiplinger Letter

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 Features

Economic Forecasts
January 2018

Good Inflation News Not Likely to Last

Kiplinger's latest forecast on inflation

See More From: Economic Forecasts

Economic Forecasts
December 2017

Long Rates Step Up on Inflation Fears

Kiplinger's latest forecast on interest rates

See More From: Economic Forecasts

Economic Forecasts
January 2018

Labor Market Tightens Yet Again

Kiplinger’s latest forecast on jobs

See More From: Economic Forecasts

Economic Forecasts
January 2018

Consumer Spending Still at High Level

Kiplinger’s latest forecast on retail sales and consumer spending

See More From: Economic Forecasts

Economic Forecasts
January 2018

Profits and GDP Surge in Second Quarter

Kiplinger’s latest forecast for the GDP growth rate

See More From: Economic Forecasts

SLIDE SHOW
August 2018

10 States With the Fastest Rate of Job Growth, 2018

The U.S. economy is humming along nicely. But how long can the good times continue? Widespread growth spells even tighter labor markets, and that could start to crimp regional growth rates. Job openings ...

See More From: Economic Forecasts

SLIDE SHOW
August 2018

Kiplinger's Economic Outlook for All 50 States

America’s economic engine will continue to hum across all major regions throughout 2018. The strongest growth is in the West, with plenty of high-wage jobs being created in tech-related hardware and ...

See More From: Economic Forecasts

Practical Economics
June 2018

Will You Have to Pay More Sales Taxes on Your Online Purchases?

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.

See More From: Practical Economics

Practical Economics
June 2018

3 Factors That Could Drive the Next Recession

The economy is humming along nicely, but how long can the good times continue?

See More From: Practical Economics

SLIDE SHOW
April 2018

Satellite Cities Poised to Thrive in 2018

Job seekers often overlook the small and medium cities located near or in-between the big hubs. These smaller “satellite” cities benefit from expanding regional business growth, while offering lower ...

See More From: Best Cities, States & Places

SLIDE SHOW
March 2017

11 Satellite Cities Poised to Thrive in 2017

It’s been a slow climb back from the Great Recession for the nation’s major metropolitan areas. Yet job seekers often overlook the small and medium cities located near or relatively near the big hubs. ...

See More From: Best Cities, States & Places

Practical Economics
September 2016

A Housing Shortage Looms: Builders Can’t Keep Up

Starter homes especially are becoming scarce.

See More From: Practical Economics

Practical Economics
June 2016

Help Wanted in America: Skilled Workers

In an ever-more-competitive job market, technology increases the need for skilled workers.

See More From: Practical Economics

SLIDE SHOW
November 2016

States With the Fastest Job Growth in 2016

Looking for a job? A vibrant economy in which to launch your new business? A new market for your firm’s next expansion? The Kiplinger Letter’s annual state economic outlooks help job-seekers, entrepreneurs ...

See More From: Economic Forecasts

Practical Economics
May 2016

U.S. Economy to Perk Up in Second Half

Consumers are recovering from a swoon induced by a wobbly stock market. But energy, other sectors will continue to struggle.

See More From: Practical Economics

Practical Economics
March 2016

Improving Prospects for Most Small Businesses

Firms in the housing and tourism sectors can prosper as home sales surge and low gas prices encourage more travel.

See More From: Practical Economics

Practical Economics
February 2016

2016: A Second Good Year for Housing

The housing market picked up last year in many areas of the U.S. Look for it to grow as well or better this year.

See More From: Practical Economics

Show More Stories