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Overall, the data portrays an economy that is still growing but at a slower pace. The services sector is barely expanding, the labor market is stable but showing signs of cooling, and inflation remains moderate yet above the Federal Reserve’s long-term target.

Markets closed the week on a turbulent note as investors digested a series of revised labor market reports and inflation data that painted a mixed picture of the U.S. economy.

Markets digested a mixed bag of economic data this week, with housing and sentiment indicators taking center stage. While some metrics pointed to resilience, others hinted at emerging cracks in consumer and business confidence.