NRF: Economy is expanding but momentum is slowing
The economy is still growing, but not as fast as it was earlier this year, said National Retail Federation Chief Economist Jack Kleinhenz. “The U.S. economy continues to expand but recent data is signaling a slowdown in its momentum,” Kleinhenz said. “The economy is slowing but not halting.” “Progress has been made on combating inflation, but higher prices remain,” Kleinhenz...
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