What is the current state of the U.S. economy? A few pictures illustrate the situation
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Conclusion: The economy is in a virtuous cycle
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The Employment Cost Index (ECI), which measures total compensation, rose 13.5% in 2020, the fastest increase since 1992. Real wage growth has been positive and consumers have kept the economy resilient. And with the labor force participation rate still well below the average of the past decade, employment costs are unlikely to fall.
![What is the current state of the U.S. economy? A few pictures illustrate the situation](https://ussnsimg.moomoo.com/feed_image/73158784/37fe0b82e87735e4b5c996388b4359bc.jpg/bigmoo)
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Revelation 6 : With companies and households full with cash you would think that retail demand would be high causing manufacturing output to rise driving inflation upwards. Specially because we are in the highest retail demand period of the year. I don’t think we can trust those that are giving us good news in regards to this subject.
iamiam : let's see how fast those numbers correct down. every set of data has been revised down. check back in Q2. the market is NOT the economy.