Economists say Los Angeles fire to have limited national economic impact – Business & Finance

Devastating fires in the Los Angeles area are likely to put modest pressure on the U.S. national economy in the near term but are unlikely to derail strong forward momentum, economists say.

Forecasters reckon the fires’ destruction of property and job market disruptions could put upward pressure on inflation as they also slow growth and put a modest brake on hiring, although not at a large…

Continue Reading


News Source: www.brecorder.com


Posted

in

by

Tags:

Comments

Leave a Reply