Mid-Year Review & Outlook: A Resilient Economy Continues to Push Through HeadwindsMid-Year Review & Outlook: A Resilient Economy Continues to Push Through HeadwindsMid-Year Review & Outlook: A Resilient Economy Continues to Push Through Headwinds
Key Takeaways Economic growth is stronger than headline GDP suggests. Private sector activity currently outpaces GDP, which has been dragged down by net exports. The labor market is tight, not strong. Worker scarcity should keep jobs growth cooling and unemployment low. » Inflation likely peaked in May. Led by fading energy costs and cooling housing […]
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