GDI

Economies are large (especially the largest in the world) which makes them difficult to measure.  Any measurements which are conducted are also subject to revisions.  These revisions bring in more complete data, helping to improve the accuracy of the measurement. 

Employment data have been rather consistent during the past year or so and could be setting up the Federal Reserve for a period of difficulty.  Growing payrolls have been the trend every month since December 2020.  The year-over-year statistic has been above zero since April 2021.  Although, it has also been decelerating since then (see the chart above), partly due to the law of

It kind of makes sense that income and spending are linked.  Think of your own household.