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.
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.
Monthly Economic Review: August 2021
Most economic measurements have returned to pre-pandemic levels, but employment has lagged with 7 million fewer workers.