Should insurance pros be concerned about the U.S. economy?
What do you want first, the good news or the bad news?
Okay, first the good news: The Federal Reserve's preferred inflation gauge, the Personal Consumption Expenditures price index, showed signs of cooling in January, rising 2.5% from the previous year, down from December's 2.6% annual rate.
Now, the bad news: This positive development was overshadowed by a significant pullback in consumer spending, raising concerns about the health of the U.S. economy.
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Angela C. Duncan, Commercial Realtor
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