Labor Market Will Play Increasing Role in Economic Outlook but Rising Wages Could Lead to More Inflation
Strong consumer spending has been boosted by government stimulus but will rely on job creation as stimulus subsides.
Monthly Economic Review: September 2021
Consumer spending is currently far above pre-pandemic levels thanks to unprecedented monetary and fiscal policies.
NRF Chief Economist Says Vaccination is ‘Key to Further Economic Recovery’
The economy is growing quickly but still depends on slowing the pandemic as consumers worry about new variants.