Diccon Hyatt

Key Takeaways Forecasters expect the U.S. economy to have added 110,000 jobs in October, one of the slowest months of job creation in more than three years. Hurricanes Helene and Milton likely temporarily threw many people out of work, which could push the numbers down even if the underlying job market remains healthy.

U.S. employers cut back on job openings in September, as they remained conservative about hiring and firing. Workers became more reluctant to quit, as the overall market stayed stable but became more stagnant.

The 2024 presidential election has yet to be decided, but the economic policies proposed by Donald Trump may already be having an impact on your wallet.

The U.S. economy grew in the third quarter, although at a slower pace than expected, as the stagnant housing market dragged down the country's overall output.

Most Americans say they and their families are financially worse off today than four years ago. What do various indicators tell us about whether it's harder or easier to get by than it was back then?

Despite the devastating impact of the pandemic, the U.S. economy is now growing faster than forecasters had expected before COVID-19 hit. Resilient consumer spending and employer hiring have powered the economy through every bump in the road. Economists are optimistic about the growth continuing in the near term.

Key Takeaways The inflation rate, as measured by the Personal Consumption Expenditures price index, fell to a 2.1% annual rate, nearly reaching the Federal Reserve's target of 2%. The report was one of the last looks at the state of the economy voters will get before next Tuesday's election. While the overall inflation rate fell, core inflation, which excludes volatile prices for food and energy, stayed stubbornly above the Fed's target at 2.6% over the year.

Amid a recent spate of data showing the economy humming along smoothly, one sector has consistently stayed out of whack and it’s a big one.

Hurricanes Helene and Milton made a mess of the U.S. economy in October, pushing job creation down to its lowest level in three years.

Federal Reserve Chair Jerome Powell. Kent Nishimura/Bloomberg via Getty Images