Inside the Economy: Current State of Affairs

SHJ Wealth Advisors

This week on “Inside the Economy”, we look at the lending market, housing, the Federal Reserve, and other economic data. Lending data is showing delinquencies at record lows, as we prepare for student loan payments to start back up in September. Industrial production in the US has remained high, and with a potential Fed increase of 0.25% in rates and federal outlays outpacing revenues, what does that mean for the economy as we move further into the third quarter? Tune in to learn about this and more! Key Takeaways: • Headline inflation hits 3 • Oil moves above $75 • Unemployment rate hovers around 3.6