Consumer spending rebounded in January, as had prices.
Year-End Growth: January 23 – 27
The economy grew at a moderate pace as 2022 ended.
Hiring Continues: November 28 – December 2
Hiring holds firm, and consumers continue to spend.
What We Learned About the U.S. Economy Last Week
Weekly Economic Update: A brief, non-technical review of the previous week's U.S. economic data releases by Kevin A. Roth, PhD
Consumer spending rebounded in January, as had prices.
The economy grew at a moderate pace as 2022 ended.
Hiring holds firm, and consumers continue to spend.