They're faced with what is probably a moderation in growth, but a slow acceleration in inflation. The question is, where does inflation go from here I think that will be the driving factor, because I don't think growth is going to stay this slow.
They're faced with what is probably a moderation in growth, but a slow acceleration in inflation. The question is, where does inflation go from here I think that will be the driving factor, because I don't think growth is going to stay this slow.
Because it was such a big change, out of the blue, my caution is just to say, let's wait a second, ... Maybe we should sit back, digest this number and see what comes of it.
What it seems to be indicating is that a kind of moderation in the state's economy that we saw in the middle of last year is continuing. When you put these things together we're not seeing a whole lot of job growth.
In spite of the good current news, there remains a fair amount of caution.
© 2020 Inspirational Stories
© 2020 Inspirational Stories