Charts depicting the U.S. economy in 2023

Charts depicting the U.S. economy in 2023


A pedestrian holds an umbrella ‍as they walk along a street in the rain in Times Square, New York, on Sept. 26, 2023.

Ed Jones | AFP⁢ | Getty Images

The state of the U.S. economy may be ⁢a chief concern among Americans, but 2023 wound up⁢ as⁣ a ⁤pretty good year ⁣for the macroenvironment.

Spending remained high, markets posted big gains and the Federal Reserve’s battle against inflation showed signs of cooling — without freezing. Then there’s the almost logic-defying resilience of the job⁤ market.

The U.S. labor market ⁣ended the year strong, creating⁣ more ⁣than 200,000 jobs in⁤ December, according to figures released ‌Friday by the U.S. Bureau of Labor Statistics. While previous job creation estimates for October and November were revised downward by a combined 75,000, the unemployment‍ rate remained at a low 3.7%, and December marked the 36th consecutive month of job creation for the U.S. economy.

In ⁢total, the⁢ U.S.​ created nearly 2.7 million jobs in 2023, when seasonally adjusted. ⁣That figure…

2024-01-07 08:00:01
Source from www.cnbc.com
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