Still no recession at present.

in #economy • last year

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Updating this chart after the new releases. Consumption and manufacturing and trade industries sales fell in December/November respectively. Personal income however continued to increase.

No signs of a recession at present. Employment is still good. 5 of the 6 indicators are above their January 2022 anchors. Albeit we are seeing industrial production, consumption, and manufacturing and trade sales easing.

Q4 GDP came in at 2.9%. Q3 GDP was revised up to 3.2%.

#employment #production #consumption #income #recession
last year in #economy by
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