Brutkey

Nonilex
@Nonilex@masto.ai

…Americans have become choosier about how they spend, depressing airline fares, hotel fees & other services-related costs. Hiring has slowed in recent months, keeping a lid on wage gains. July’s #jobs report showed just 73k jobs added for the month, & gains registered in May & June were revised down by 258k positions. Companies have yet to lay off workers in droves, but economists worry they will be forced to cut back on #costs as #tariffs continue to eat into their margins.

#economy #Trump