A significant pullback in consumer spending is raising concerns about the health of the U.S. economy. (Credit: Good Studio/Adobe Stock)
What do you want first, the good news or the bad news?
Okay, first the good news: The Federal Reserve's preferred inflation gauge, the Personal Consumption Expenditures price index, showed signs of cooling in January, rising 2.5% from the previous year, down from December's 2.6% annual rate.
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Erika Morphy
Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.
