Snap shot of the Economy July 19th, 2023

 

The Quite Night Street

Economies are moving organisms of people's behaviors that are in constant flux. Taking a quick look at the snap shot of our economy is helpful to spot check growth and change. 

You can read a summary on Yahoo Finance. The complete story for markets and the economy right now: Morning Brief 

-Consumers feel good. Market up, inflation is down, and jobs are plentiful.

-Labor market strong.

-Energy down and food up. i.e. it costs less to drive to go get more expensive food.

-Wallstreet analysts revise upward initial projections. 

-Spending is resilient.