The 2023 U.S. economy, in a dozen charts
Publishing timestamp: 2024-01-07 08:00:01
Summary
The U.S. labor market ended the year strong, creating over 200,000 jobs in December and nearly 2.7 million jobs in 2023. Consumer spending remained robust, with travel and entertainment experiencing growth. Inflation cooled down, wages rose, and the stock market saw considerable growth. The Federal Reserve's battle against inflation showed signs of cooling without freezing. However, there were some trouble areas for consumers, such as high mortgage rates and low existing home sales.
Sentiment: POSITIVE
Keywords: united states, transportation, real estate, prices, economy, nasdaq composite, housing, dow jones industrial average, business, breaking news: markets, markets, economic events, entertainment, personnel, labor economy, s&p 500 index, breaking news: economy, breaking news: business, business news,
Source: https://www.cnbc.com/2024/01/07/the-2023-us-economy-in-charts.html