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Diane Swonk
dianeswonk.bsky.social
did:plc:2n7fhpxzlzvfsb2bvee2jlps
Employment better than expected in wake of benchmark revisions. They showed the economy weaker in the first half of the year but regaining momentum in the second half as credit conditions began to ease. Up revisions to payrolls in Nov and Dec help to explain the ⬆️ in consumer spending at year-end.
2025-02-07T15:43:15.560Z