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25th Jan 2024 19:30US, Weekly Monitor

  • Consumption is on track for another solid increase in Q1, but cashflow growth is slowing…
  • Spending growth likely will moderate in the spring, but a serious weakening requires rising layoffs.
  • Core inflation is slowing on all fronts; faster margin compression would intensify the downward pressure.

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Keywords for: 29 January 2024 US Monitor

Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence