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Tuesday 1/16 @7pm -ZOOM
US ECONOMIC 2023 Data
What’s Real & What’s Not”
January’s 2023 Fiscal and Economic Issues Discussion of the US Economic Facts’
Catch up on this year’s economic news and share your thoughts.
Good news in recent economic data – it looks like we are heading for a soft landing:
– The first estimate of 3rd quarter real GDP growth is 4.9%; second estimate is 5.2% annualized growth rate. Third estimate is also 4.9%.
– looking pretty good. non-farm payrolls increased by 216,000
– in December the unemployment rate was 3.7%
– in December Wages up 4.3% since 12/22
– The twelve month CPI has declined from 9.1% last June (2022) to 3.1%
in DECEMBER 2023. David and Karl will be updating the fiscal and economic data over the next week -Come discuss the current state of the US economy.
Bottom line is that the data through December show a growing economy that is still strong. Potential head winds include a future government shutdown, and the resumption of student loan Click Here to link to Videos of our December meeting on the NWSOFA YouTube Channel
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