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Inflation dipped slightly, but housing remains the biggest driver of rising prices.
A survey from the Institute for Supply Management found that a majority of service-sector businesses feel positive about business conditions and the overall economy.
When it comes to sales, inventory, hiring, credit conditions and more, small business owners are wary.
A majority still think the country is headed for a recession. But the majority’s shrinking.
So far this earnings season, most S&P 500 companies that have reported, beat revenue expectations.
Gap is the latest company to announce layoffs. Downsizing among employers reflects shifting consumer habits.
