
The Daily
The State of the U.S. Economy in 4 Numbers
Feb 1, 2023
Ben Casselman, an economics and business reporter for The New York Times, dives into the U.S. economy's current state through striking numbers. He discusses the skyrocketing average home price of $372,700 and the concerning 76,000 tech sector layoffs juxtaposed against a low unemployment rate. Consumer spending has dipped by 0.2%, hinting at shifting behaviors. Casselman also highlights a staggering 251% increase in egg prices over the year, illustrating inflation’s impact. Insights into the Federal Reserve's interest rates round out this engaging analysis.
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