Despite Two Quarters of Downturn, a Recession Does Not Appear Likely – At Least Not Yet
GDP Growth is Slower But Consumer Spending Remains Positive
GDP isn’t likely to grow as much in the fourth quarter as the third, but consumer spending should remain strong.
Monthly Economic Review: December 2022
Economy holding up in late 2022 but slower as it moves to finish line.
Consumer Fundamentals Counter Inflation in Holiday Forecast
NRF balanced high inflation and rising interest rates against strong consumer fundamentals in its 2022 holiday forecast.