Larry Kudlow and a business panel discuss strong economic indicators, highlighting soaring U.S. consumer spending and low unemployment. They argue that income growth is rising across the board, particularly benefiting low-income workers.
Strong U.S. consumer spending and soaring corporate profits signal a historically resilient economy, Larry Kudlow and a business panel argue. The group highlights a low 4.1 percent unemployment rate and robust wage growth, especially for the bottom 25 percent of earners. They also discuss how the Fed’s inflation policies could impact future market growth.
Read the full article here