US Economy Shows Signs of Slowing Under High Rates and Lingering Inflation
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#fdaae6e6 ver:0.5

The US economy is showing signs of slowing down due to high interest rates and persistent inflation. Personal spending, business equipment orders, and homebuying have declined, while the trade deficit has widened. However, economists predict growth will pick up in the current quarter. Immigration has helped limit wage-driven inflation, and the availability of more workers can further support the economy. Despite challenges, the retail sector remains resilient, with positive indicators and a forecasted growth in retail sales. The manufacturing industry also shows signs of momentum and optimism. Overall, the US economy faces uncertainties but is expected to avoid a recession. #USEconomy #Inflation #RetailSales #Manufacturing...

#newstr #UsEconomy #EconomicGrowth #FederalReserve #BorrowingCosts #Inflation 

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