Information received since the Federal Open Market Committee met in August indicates that economic growth remains slow. Recent indicators point to continuing weakness in overall labor market conditions, and the unemployment rate remains elevated. Household spending has been increasing at only a modest pace in recent months despite some recovery in sales of motor vehicles as supply-chain disruptions eased. Investment in nonresidential structures is still weak, and the housing sector remains depressed. However, business investment in equipment and software continues to expand. Inflation appears to have moderated since earlier in the year as prices of energy and some commodities have declined from their peaks. Longer-term inflation expectations have remained stable.
Rainer
90,444
90,444
Amerifirst Financial, Inc.15111 North Pima Road#110Scottsdale,AZ85260
local_phone(480) 339-1564
smartphone(480) 206-6821
Contact The Author
Real Estate Resources
Recent Posts
ActiveRain Community
over 12 years ago
Comments (0)Subscribe to CommentsComment