The U.S. economy remains resilient with low unemployment (3.6%) and rising consumer spending driven by strong wage growth. Inflation concerns persist, prompting potential Federal Reserve rate adjustments. Manufacturing is improving despite supply chain issues, and the housing market stays strong with high demand and low inventory. The overall economic outlook is cautiously optimistic.

Investopedia. (2024, May 21). U.S. economy news today. Investopedia. Retrieved from https://www.investopedia.com/us-economy-news-today-may-21-8651718