Podcasts Technology TEK2day Podcast Ep. 451: If Wages Are Growing Faster Than Inflation, Why Is The Economy Slowing?

Ep. 451: If Wages Are Growing Faster Than Inflation, Why Is The Economy Slowing?

Published: Dec. 6, 2023, 4:39 p.m.

Wages as measured in today\u2019s ADP report are growing faster than inflation as measured by CPI. So why is the economy slowing? The answer is because CPI is understated.\n\nToday\u2019s TEK2day article: https://open.substack.com/pub/tek2day/p/bad-economic-news-continues-to-be?r=1rp1p&utm_campaign=post&utm_medium=web\n\nToday\u2019s ADP release: https://www.prnewswire.com/news-releases/adp-national-employment-report-private-sector-employment-increased-by-103-000-jobs-in-november-annual-pay-was-up-5-6-302007536.html