formerly present wrote:
Hey, gas prices are going down! Have been going down! For weeks, it turns out!
Isn't that great? WOW!
And the June jobs reported was markedly better than most predicted: almost 400,000 new jobs added! Isn't that wonderful? We're so lucky that things seem to be going in the right direction!
A lagging indicator. The Atlanta Fed is projecting we're in a recession, which if true will not be good for the job market.