The Daily Overview on MSN
Wages up, inflation down: why the economy could surge next
Wage growth is finally outrunning inflation, and that shift is quietly rewiring the outlook for the United States economy.
Wage growth for a large swath of Americans is being outpaced by the rate of inflation, according to data from Indeed, which reported people with low- and middle-paying jobs are likely feeling the most ...
Key insight: Americans earned more and spent even more in August, pushing the savings rate down. Supporting data: Income rose, spending jumped and the PCE price index increased month-over-month.
Price growth sped up a bit in November, a sign that efforts to cool inflation may be stalling. Over the past 12 months, the consumer price index climbed 2.7%, the Bureau of Labor Statistics reported ...
The latest personal-consumption expenditures price index was published at 8:30 a.m. Eastern time today. Here's a quick glance at the November numbers: Headline M/M: Increased by 0.1% vs. 0.2% gain ...
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