Sophia Koropeckyj
Sophia Koropeckyj
assembly companies job jobs lost support three
For every lost job in an assembly facility, there are going to be two or three more jobs lost at companies that support that plant.
absorb claims economy energy expanding higher labor low market pace solid strong
The low pace of jobless claims suggests that the labor market is expanding at a solid pace, and that the economy has been strong enough to absorb higher energy costs.
affect growth half higher housing industries interest kick market rates related start strong various year
This year, most of the strong growth will be in the first half of the year and then it will taper off. Higher interest rates will start to kick in. That will affect companies' (ability to) borrow, it will affect the housing market and all the various industries that are related to that.