Why There’s Hope for U.S. Factory Towns Laid Low by the ‘China Shock’

“Prices are going to shoot up now,” one shopper said. But some dealers said that economic concerns might be keeping people away.

Fed officials have signaled that it will take more than one weak report to convince them that the labor market is deteriorating.

Inflation has been cooling notably after peaking in 2022, but in recent months it has shown signs of stalling.