Macro - Weekly Briefings - US

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $90	5 Pages	Oxford Economics	July, 2023	OFE18071719

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Best Price Guarantee
Price	from $90
Length	5 Pages
Publisher	Oxford Economics
Published Date	July, 2023
SKU	OFE18071719

Macro - Weekly Briefings - US

The labor market remains exceptionally tight. Nonfarm payroll growth downshifted in June but held above its average pre-pandemic pace. The unemployment rate inched down to a historically low level and wage growth was stubbornly elevated. We expect more job gains in Q3 before the economy succumbs to the pressures of tighter lending standards, past Fed rate hikes, and elevated interest rates as it endures a mild recession in Q4 and the beginning of 2024.

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