Good Economic News for Workers Continues
Published in: The Power At Work Blog
Two economic releases today tell us that U.S. economic conditions remain strong for workers. The Commerce Department's Bureau of Economic Analysis reported an advance estimate that the U.S. economy grew 2.9% in the last quarter of 2022. That's a slight decline from the preceding quarter, but still strong economic growth. Solid economic growth is a clear indication that the American economy is strong and there are no signs that an unemployment-producing recession is looming.