Monthly Economic Review

Labor Market Will Play Increasing Role in Economic Outlook but Rising Wages Could Lead to More Inflation

Strong consumer spending has been boosted by government stimulus but will rely on job creation as stimulus subsides.

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Consumer spending is currently far above pre-pandemic levels thanks to unprecedented monetary and fiscal policies.

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Monthly Economic Review

The economy is growing quickly but still depends on slowing the pandemic as consumers worry about new variants.

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Monthly Economic Review

Most economic measurements have returned to pre-pandemic levels, but employment has lagged with 7 million fewer workers.

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Monthly Economic Review

The economy and consumers have proven to be much more resilient than expected.

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