Inequality in the U.S. is Finally Lessening

If 2022 was the year the U.S. economy came roaring back like a lion, 2023 is more of a lamb. Modest job growth, consistent inflation, falling home prices, slowing GDP growth—meh.

February was another month of meh, the government reported Friday, with personal incomes increasing 0.3% in February after growing 0.6% in January. In addition, consumer spending grew 0.2% in February.

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