Economy

2019 in Review: Strong Job Market, Consumer Spending Boost US Economy as 2019 Wraps Up

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2019 in Review: Strong Job Market, Consumer Spending Boost US Economy as 2019 Wraps Up
Workers at the Hollywood Bed Frame Company attend an event to mark the company's upcoming expansion, which will double the manufacturer's workforce, adding 100 new local jobs, at the company's factory in Commerce, California, April 14, 2017. ROBYN BECK/AFP/Getty Images
Tom Ozimek
Tom Ozimek
Reporter
|Updated:

The U.S. economy is finishing the year in stronger shape, in part because of resilient consumers and a healthy job market.

With near-record low unemployment and solid wage growth, the U.S. labor market is expected to continue to underpin consumer spending and the economy.

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Tom Ozimek
Tom Ozimek
Reporter
Tom Ozimek is a senior reporter for The Epoch Times. He has a broad background in journalism, deposit insurance, marketing and communications, and adult education.
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