Fed's Barkin Says Consumers Have Kept Spending Aided By Employment; Many Business Leaders Explain They’ve Concluded That High Uncertainty Is The New Baseline; Investments Are Not Just From Data Centers; Slowing Labor Demand Growth Has Been Accompanied By Slowing Labor Supply Growth
https://www.richmondfed.org/press_room/speeches/thomas_i_barkin/2026/barkin_speech_20260813
People keep spending money because they have jobs, even though businesses feel uncertain about the future. When you watch companies, remember that uncertainty is normal now, and watch whether people keep working and buying—that's what keeps the economy running.
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