3 key indicators for monitoring the US economy in 2022

Jan 10, 2022

Customers at the Edeka grocery store buy pasta, as the spread of COVID-19 continues in Duesseldorf, Germany

Inflation could impact retail prices globally. Image: REUTERS/Wolfgang Rattay

Veronika Dolar

Assistant Professor of Economics, SUNY Old Westbury

Marlon Williams

Assistant Professor of Economics, University of Dayton

Melanie G. Long

Assistant Professor of Economics, The College of Wooster

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Headline inflation as measured by the consumer price index has been soaring in recent months and is currently at the highest annual pace since 1982. Image: FRED

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The labor force participation rate plunged to a 50-year low at the onset of the pandemic and has only partially recovered. Image: FRED

U.S. workers' median weekly pay has been falling in 2021. Image: BLS

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