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The third GDP revision raises concerns about the persistence of inflation but also provides powerful support to our view that the economy is unlikely to enter a recession this year.
The Consumer Technology Association (CTA) has released its first US Consumer Technology Software and Services Industry Forecast. The report shows that software
/PRNewswire/ -- The Consumer Technology Association (CTA)® announced its first U.S. Consumer Technology Software and Services Industry Forecast today. The...
Will impact the economy as well. ., ., ~ , ., well. jerome powell kept going back to the _ well. jerome powell kept going back to the statement - well. jerome powell kept going back to the statement that - well. jerome powell kept going back to the statement that this i back to the statement that this is not much different economic expansion than the one the us had last time in the last few recoveries. he thinks it is a lot stronger today in the labour market is we have seen in the us in a0 years so he thinks that may take a little more monetary medicine to rein in inflation. i think it is a l...
Where it all started? >> the original sin is really the change in consumption patterns that occurred as a result of the pandemic. you go back to last year when many of us were trapped at home. we all stopped going out and spending money at restaurants, ballparks, theaters, concerts. and most of us started ordering more stuff on walmart, amazon, elsewhere, laptops, furniture, clothes, what have you. so if you look at the nature of the economy, services always dominates the u.s. economy. makes up about 70% of spending. but the goods side of things, goods spending went down about four months, sur...