Last week's economic reports presented a narrative similar to what we’ve seen over the past few months: growth coupled with concerns.
Despite GDP figures indicating continued expansion, weakening consumer confidence and persistent inflation concerns speak to uncertainty.
Economic indicators provide insight into the health of the economy. They are closely watched to help them make informed decisions about business strategies.
The latest reports on consumer & wholesale prices indicated persistent inflation pressures. Retail sales posted a large drop.
Last week’s economic data reflected resilience and uncertainty. Key indicators pointed to ongoing expansion.
Economic indicator SPDR S&P 500 ETF Trust (SPY) fell 1.01% last week while the Invesco S&P 500® Equal Weight ETF (RSP) was down 0.53%.
Economic indicators provide insight into the overall health and performance of the economy. They are closely watched by many.
Economic indicators are released every week to provide insight into a country’s overall economic health. They serve as essential tools for policymakers, advisors, investors, and businesses because they allow them to make informed decisions regarding business strategies and financial markets.