While there are some positive markers surrounding inflation, we are nowhere out of the woods
August Retail Sales Supported by Job and Wage Gains
Consumers’ willingness to spend overcame inflation again in August as more jobs and higher wages helped ease pressure.
Import Slowdown Continues
With inflation continuing and the Fed trying to cool demand, imports are expected to fall below last year's levels.
Growth Has Slowed But Indicators Disagree on Recession
Economic growth has slowed, but it isn’t clear if the nation is in a recession, NRF Chief Economist Jack Kleinhenz says.