Economic Recovery, Inflation | featured news

Consumer confidence eases, inflation view jumps

Consumer Confidence

Americans this month ratcheted up their expectations on inflation to the highest level in 10 months and consumer confidence waned, though the economic recovery was still seen on track.

 

Reports bode well for food, gas prices, and jobs

Americans are finally getting some relief from high gas and food prices. Wholesale food prices fell last month by the most in nearly a year, and gas prices keep dropping after peaking in May. A separate survey suggests CEOs are feeling more optimistic and will hire more in the second half of this year.

 

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