3 signs the US economy is set to zoom past growth expectations
have provided tax incentives and funding to promote manufacturing construction. The boom has been led mainly by construction for computer, electronic, and electrical manufacturing.
So far this year, nearly 871,000 likely employer applications were filed, making this the second largest midyear total ever—and a 36% increase over the prepandemic half-year baseline. Individuals filed nearly 2.7 million applications to start a busy first half of this year, a 52% increase from the first two quarters of 2019.
' July Business Conditions Survey, respondents on the whole saw improvement in sales and profit margins at their firms over the past three months. . More rate hikes are likely necessary to bring inflation numbers down further, though it's unclear how many additional hikes, if any, will occur this year.jobs market drastically slowed
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