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The number of openings decreased for the third straight month in March, but it’s still historically high.
So far, price increases have not driven customers away. But there’s evidence that is starting to change.
Inflation was up and inventories down, but consumer spending kept GDP growing — albeit at a slower pace.
The new head of the National Economic Council on inflation, supply chains, jobs and post-SVB bank regulation.
Following a rash of strikes in the public sector, some British workers have settled their pay disputes, but more are taking further action. And the government is striking back.
The intensity of a coming economic slowdown will depend on how much banks tighten credit conditions, says Austan Goolsbee.
Many Houston residents spend well over 30% of their income on shelter. On top of that, transportation costs are a growing burden on commuters.
And grocery prices are fallling.
As seasonal businesses focus on inflation and new hires for the summer, the shadow of a possible recession looms in the background.
The March report shows inflation slowing overall and prices easing in some key areas (food) and not in others (services and shelter.)