How Well Is the Economy Really Doing?

in #economicslast year

#jobs #inflation #stockmarket #debt

With the U.S. job data out today at 8:30 am ET I thought it would be good to look under the surface to see how well the economy is really doing.

There is some anecdotal evidence that makes me wonder about the true state of the economy. I think the ballooning debt burden is something that we need to keep in mind when making financial or economic decisions.

Most Americans don’t have enough emergency savings, despite the strong job market: https://www.bankrate.com/personal-finance/emergency-funds-in-strong-job-market/

'Something Just Snapped': Consumers Panic Search "Pawn Shop Near Me":
https://www.zerohedge.com/markets/something-just-snapped-consumers-panic-search-pawn-shop-near-me

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