Inflation Remains High As Supply Chain Prevents Better GDP
After months of slow recovery, inflation remains high. Meanwhile, the latest GDP reported showed a negative impact on supply chain growth.
After months of slow recovery, inflation remains high. Meanwhile, the latest GDP reported showed a negative impact on supply chain growth.
This past week saw luxury home sales rise as the market overcomes age-old housing challenges. Although the market saw little economic news, mortgages rates also rose. Ultimately, investors still focus on higher inflation.
This week saw steady inflation results while the manufacturing sector performed better. Overall, the economic data revealed no significant surprises.
This week, mortgage rates fluctuate unbelievably in the wake of Wednesday's Fed meeting. This fluctuation included their largest movement in sometime.
When examining July 2021’s economic reports, enormous job growth rippled across the economy as unemployment benefits abruptly ended.
While significant economic news came out this week, retail sales dropped. In spite of this, the travel and entertainment industries saw a major a boom.
This week, GDP fell short for a roughly neutral takeaway while inflation reached a new milestone. Overall, analysts saw an abundance of news.
After last year's events, no one prepared for an unpredictable 2021 as experts worry about inflation, recovery, and COVID-19.
The latest data shows that inflation continues its epic climb while home sales rapidly recover across the country. However, there was little economic news this week.
After last year's partial economic shutdown, the outstanding economic rebound slows its growth while inflation explodes, leading to worry.