Author: Paul Davidson, USA TODAY

The economy will be stronger than thought and recession will start later, experts say. Strong job growth and spending means faster start to 2023

Airline pilots got sharpest pay increase past 10 years while dentists got the most modest. 5 occupations with sharpest pay hikes, and 5 with smallest

U.S. wage growth is expected to slow this year as employers hand out lower, though still solid, raises in 2023, a survey shows.

Inflation could slow faster than the Fed believes, reducing the need for more rate hikes and lowering recession risks. Rent growth is already easing.

Fed Chair Powell said last week’s blockbuster jobs report shows why additional interest rate hikes could be needed to dampen high inflation.

As Biden prepares to extol a strong economy in his State of the Union, a look at its strengths and weaknesses. Job growth is robust, housing is weak,

Friday’s report of 517,000 job gains in January rocked the market and raised concerns of sharper Fed rate hikes that could cause a recession.

A 2023 recession would mean layoffs and job losses in industries like construction and manufacturing. Energy and autos could gain.

A recession in 2023 could hit the West and Northeast hardest. The Midwest is likely to best withstand a downturn.