Economy Watch Weekly: Economic Growth in Sight
- Aug 15, 2017
Minneapolis FED President Neel Kashkari said overall the national economy is doing well at moment. Despite economic growth, wages are not growing as fast as expected and there is a massive shortage of workers. The consumer price index rose 0.1 percent in July, according to the Bureau of Labor Statistics. In the last 12 months, the all items index rose 1.7 percent, where inflation has been in recent years. Economy Editor Dees Stribling breaks down economic growth and more, for the week ending Aug. 11, 2017.