U.S. Economy Expands at 2.9% Rate in Q4
The U.S. economy expanded at a healthy pace in the fourth quarter, though signs of slowing underlying demand mounted as the steepest interest-rate hikes in decades threaten growth this year.
sales growth
Inflation Rate Drops for 6th Month; Housing Market Still High
There’s good news on the inflation front: December 2022 marked the sixth straight month that the U.S. rate of inflation has decreased.
Most Business Chiefs Expect Bleak Economic Outlook for 2023, PwC Survey Finds
A volatile economy, high inflation, and geopolitical conflict have contributed to CEO pessimism.
20% of U.S. Business Plan to Reduce Staff; 12% Plan Increase
Only 12% of those surveyed think headcount will rise in the next three months — less than half the share that said their companies had increased employment over the past three months. The survey of 60 NABE members was conducted Jan. 4-11.