Still Spending Americans continue to spend their hard-earned dollars – irrespective of high prices all around them. And that’s good news for the U.S. economy. U.S. retail sales increased by 0.4% in September, according to the Census Bureau. This may sound like a tiny change, but in the world of retail sales data, it was…Read more
Health Care Outpacing Pay Wage growth in the U.S. has picked up the pace in the years since the pandemic (even if it may not have felt like that for all Americans between high prices and elevated interest rates). But even though inflation has come off of its highs, there’s a new challenge on the…Read more
Estimated reading time: 3 minutes Though summer officially came to a close in September, the stock market remained as hot as ever. Economic growth was revised higher, and while labor market concerns weren’t fully resolved, a decline in the unemployment rate helped ease jitters. To prevent any further weakening in the labor market, the Federal Reserve lowered…Read more
