US Economy Is Slowing But Solid in Final Run-Up to Election.

The US economy is currently strong, with robust growth and low unemployment rates, despite some challenges such as slower job growth and high mortgage rates. Inflation has been a concern, but recent data shows a slight decrease. Both presidential candidates are addressing economic issues, with Trump proposing tax exemptions and Harris suggesting an expansion of the child tax credit. Consumer spending remains strong, but there are signs of stress, particularly among those who do not hold significant assets. [Extracted from the article]