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We asked content creator and independent economics educator Kyla Scanlon if consumer sentiment is finally matching up with economic data.
ADP and other labor market signals point to continuing interest rate increases by the Federal Reserve.
It’s just over 10% of the U.S. economy but it has an outsized influence.
To not be so stubbornly good? “We still see the labor market running very hot,” one economist says.
The manufacturing sector is shrinking, according to a report. But that doesn’t account for people’s spending or the tight labor market.
Among them are New Zealand, Germany and, probably, China.
Movements in money supply matter, but not as much as they used to.
“I wanted to have something that I could easily add on to my current workload,” says chemist April Oliver of Bozeman, Montana.
We tour a materials recovery facility in California, where the stuff consumers toss into recycling bins is sorted.
The Fed’s rate increases over the past 14 months, aimed at quelling inflation, have elevated the cost of loans and heightened the risk of a recession.