As we move into the new year, economists are questioning whether the economy will experience a slowdown in 2024. Despite previous predictions of a recession and a significant economic slowdown, some experts argue that there is little reason to expect a deceleration. One key factor supporting this perspective is the strong state of the labor market. Currently, most Americans who … [Read more...] about Economic Outlook for 2024: Will the Economy Slow Down?
GDP
Disinflation Trend Persists, New Measures of Inflation Show
The latest gross domestic product report, released on Thursday, highlighted two new measures of inflation that support the continuation of the disinflation trend. The Commerce Department, in response to user requests, broke down the price indexes for Personal Consumption Expenditures (PCE) excluding food, energy, and housing, as well as PCE services excluding energy and … [Read more...] about Disinflation Trend Persists, New Measures of Inflation Show
