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Inside the Economy: Consumer Savings & Corporate Profits

By April 6, 2022No Comments

This week on “Inside the Economy”, we focus on the consumer and corporate profits. The labor force participation rate is climbing and has almost returned to pre-pandemic lows. Mortgage rates are rising, up almost to 5% on a 30-year fixed. Will this impact household spending? How about savings? Corporate profit margins turned in another good quarter. Tune in to learn about this and more!

Key Takeaways:

      • Oil stays around $100 per barrel
      • Mortgage payment to income ratio climbs
      • Major indices have started to rebound from recent lows

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