Inflation, workforce participation and real wages: 3 key indicators for monitoring the economy in 2022
- Written by Veronika Dolar, Assistant Professor of Economics, SUNY Old Westbury
Mirror mirror on the wall, who's the best economy of them all?PM Images/DigitalVision via Getty ImagesThe U.S. economy ended 2021 with a lot of uncertainty. Inflation surged to levels not seen since the 1980s – seriously eroding consumer purchasing power – while the highly contagious omicron variant forced many Americans to hunker down...