Market to Market

Economic Outlook October 1, 2021

Oct 1, 2021  | Ep4707

The Commerce Department reported Core Inflation rose 4.3 percent year-over-year. The monthly growth rate was 0.3 percent. 

Consumer spending increased 0.8 percent as shoppers bought furniture, clothes and groceries. 

Order for big-ticket items meant to last 3 years or more improved 1.8 percent in August. Taking out transportation, orders rose 0.5 percent month over month.

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