U.S. economy keeps up the momentum, but rising costs put a cap on new hiring
The largest part of the economy grew in July at a robust pace, but scattered shortages of key supplies and dogged inflation raised the cost of business and companies responded by keeping a lid on hiring.
Overview
The largest part of the economy grew in July at a robust pace, but scattered shortages of key supplies and dogged inflation raised the cost of business and companies responded by keeping a lid on hiring.
Source
Originally published at www.marketwatch.com.
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