Posted 11/22/2023, 10:26:19 PM
Lower prices and job gains shape mixed economic outlook this Thanksgiving
- Inflation may be peaking, with lower consumer prices for Thanksgiving meals and gas
- AI and generative models like ChatGPT are accelerating tech demand and capabilities
- The US avoided recession so far, but experiences vary across income groups
- The housing market faces high mortgage rates and conflicting signals on demand
- Strikes and collective bargaining shaped employment in 2023, even as job market stayed strong