#U.S. Economy

#U.S. Economy

Employment data is crucial for assessing the health of the economy; the April 2024 US data fell short of expectations, signaling potential job creation and economic growth slowdowns. [ more ]

Recent macroeconomic data reflects U.S. economic strength, not weakness, with consumer demand remaining high despite challenges like inflation.

Pessimists had to acknowledge the U.S. economy's resilience with moderated inflation and sustained growth, dispelling concerns of a looming economic downturn. [ more ]

Wages for lower-paid workers have risen substantially faster than wages for the highly paid during the pandemic, contrary to popular belief. [ more ]

The Euro showed resilience against the dollar despite weak US data, with the Euro Area Service PMI outperforming expectations. [ more ]

Economic indicators decline in the US for the second consecutive month. [ more ]

Nearly three in five Americans wrongly believe the US is in an economic recession, with many misconceptions about the economy. [ more ]

The U.S. economy added 199,000 jobs in November, indicating there is still strength in the labor market despite a slight slowdown

Wages increased by 0.4% over the month and the unemployment rate dropped to 3.7% [ more ]

The US economy added 199,000 jobs last month and the unemployment rate fell to 3.7%, not far above a five-decade low of 3.4% in April.

The job market is cooling off, with businesses hiring less aggressively and fewer complaints of worker shortages and inflationary pressure. [ more ]