January 3, 2023

What Will the Economy Look Like in 2023?

by The Journal.

Background show artwork for The Journal.

Last year, inflation hit a 40-year high, dealing a big blow to many consumers. On the other hand, unemployment was low and many workers saw wage gains. WSJ reporters Gwynn Guilford and Rachel Wolfe unpack the confusing currents in the 2022 economy and what to expect this year.


Further Reading:

- Inflation Takes Biggest Bite From Middle-Income Households 

- Baking Supplies Cost a Lot More This Year. But That Flat-Screen TV Got Cheaper. 

- Big Banks Predict Recession, Fed Pivot in 2023 


Further Listening:

- How High Will Interest Rates Go? 


Where to Listen