Reported 15 days ago
Recent data indicates that the US economy is on track for potentially healthy growth, with an expected GDP increase of around 2.2% for the third quarter. However, challenges such as a declining manufacturing sector and inflationary pressures have emerged, along with political uncertainty affecting business sentiment. Despite a robust performance in retail sales, concerns about reaccelerating inflation and a weakened manufacturing index suggest that careful monitoring by the Federal Reserve is necessary.
Source: YAHOO