11 min
Inside the Economy: The Consumer & Inflation Sharkey, Howes & Javer
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- Investing
This week on “Inside the Economy”, we discuss the consumer and inflation. Over the past 2 years we have seen household savings decrease and shelter prices increase, yet we have seen historical wage growth and strong consumer spending. As the Federal Reserve continues its fight against inflation, what does that mean for the consumer and prices as we move further into 2023? Tune in to learn about this and more!
Key Takeaways:
Q4 2022 GDP estimate 2.7%
Unemployment remains at 3.4%
Mortgages bump up to 6.6%
This week on “Inside the Economy”, we discuss the consumer and inflation. Over the past 2 years we have seen household savings decrease and shelter prices increase, yet we have seen historical wage growth and strong consumer spending. As the Federal Reserve continues its fight against inflation, what does that mean for the consumer and prices as we move further into 2023? Tune in to learn about this and more!
Key Takeaways:
Q4 2022 GDP estimate 2.7%
Unemployment remains at 3.4%
Mortgages bump up to 6.6%
11 min