Economic Beat: U.S. economy may be able to avoid recession

How will current market developments affect you? The thought leaders at Fifth Third Bank can help make sense of it all. Listen to the Economic Beat as they discuss what happened last week and what they expect will be the focus of this week.

Economic Beat: January 29, 2024

Major U.S. equity indices were higher last week, with the S&P 500 Index up one percent in total return, the Dow Jones Industrial Average up nearly seven tenths of one percent and the Nasdaq Composite up nine tenths of one percent. Among the economic reports, core personal consumption expenditures (PCE), one of the Fed’s preferred measures of inflation, rose in line with consensus in December.

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