Actionable news
All posts from Actionable news
Actionable news in FB: Facebook, Inc.,

More cracks are showing up in America's economy

lookahead us economy cracks

America's economy is showing more cracks in October.

Weak jobs report? Yup. Mediocre retail sales? You know it. Sluggish manufacturing, inflation and economic growth. You get the point.

The economy may have improved a lot in recent years, but it's hitting headwinds left and right recently.

The latest salvo came on Thursday, when the government reported that consumer prices in America -- a key measure of inflation -- fell 0.2% between August and September.

That's a lot lower than what is considered healthy by the U.S. central bank, which has a 2% target for inflation. The Fed worries about negative inflation, which is associated with weak economic conditions and a symptom that prices and perhaps wages could be falling.

Part of the latest decline in consumer prices is due to falling...