Is the Economy in for a ‘Soft Landing?’
1,766 Views
Comments (1)
Share (1)
Print
Global Elites Are Told the Truth
Critical Prayer Need: Court to Rule on Israel and Genocide TOMORROW
Biden Admin’s Staggering Immigration Numbers
One Youth in Four Say They’re LGBTQ+
Is the Economy in for a ‘Soft Landing?’
1,766 Views
Comments (1)
Share (1)
Print
I Prayed
have prayed
Americans have suffered under inflation for some time now. Is it all finally coming to an end?
From MarketWatch. The numbers: The U.S. economy got off to a good start as growth sped up in January a pair of S&P business surveys showed, indicating a recession still appears far off.
Get involved in state level prayer with IFA.
The S&P flash U.S. services PMI climbed to a seven-month high of 52.9 in January from 51.4 in the prior month, S&P said Wednesday.
The flash U.S. manufacturing PMI, meanwhile, jumped to a 15-month high of 50.3 this month from 48.2 in December. … Numbers above 50 signal growth in the economy. …
Big picture: The U.S. economy softened toward the end of 2023, but it still appeared to grow at a reasonably healthy pace.
Gross domestic product, the official scorecard for the economy, is estimated to have expanded at a 2% pace in the fourth quarter. …
The Fed might even be on the cusp of achieving a fabled “soft landing” — bringing down inflation through higher interest rates without a recession or big increase in unemployment. …
The one negative: Production fell at manufacturers focused on reducing excess inventories.
Share this article to encourage others to pray for our economy.
(Excerpt from MarketWatch. Photo Credit: Burst/Pexels via Canva Pro)
Comments (1)
Share (1)
Post A Prayer
Print
I Prayed
have prayed
Post A Prayer
Related Content
Why Doesn’t Congress Do Something About the National Debt?
I Prayed
Here’s the News You May Have Missed
I Prayed
Partner with Us
Intercessors for America is the trusted resource for millions of people across the United States committed to praying for our nation. If you have benefited from IFA's resources and community, please consider joining us as a monthly support partner. As a 501(c)3 organization, it's through your support that all this possible.
Comments
Father I know we live according to our economy in the earth but since we are seated with you in heavenly places. I know that you see things we can’t see, help us in this time of need that is effecting many people in our nation, both young and old. IJN