Biden Economy: Jobs and Stocks Up, But Inflation and Housing Costs Still Squeezing Americans

Job market continues to steam ahead despite recession fears earlier in 2022; unemployment has stayed under 4% for the longest stretch since the 1960s

Inflation has fallen from 40-year highs but prices remain uncomfortably high for most Americans

Housing costs have skyrocketed, squeezing Americans; apartment rents steadying but mortgage rates still above 7%

Manufacturing seeing a boom in private investment and construction of new facilities

Stock market breaking records in 2023, with Dow over 35K for the first time, as investors anticipate Fed interest rate cuts