increases are expected to continue with u.s. consumer sentiment already at its lowest level since 2011. okay. gabe, thank you for that reporting. jared bergstein joins to discuss this. good to have you back. i don t know if you heard gabe s story there but the prices of oscar mayer meat, kool-aid, tide detergent, things that tens of millions of american families buy every week, prices all going up. 9% of over the last year. when is there some release coming? this is challenge that, as you know, we re well aware. you heard the president talking about that in your segment. i think we need to start with the diagnosis of this problem. we have a situation where very strong demand and by that i mean gdp growth rates that we haven t seen for 40 years.
initiative over the next few years by making sure low cost funding is available to people who finance those kinds of production. not just occupied housing but multifamily housing as well. jared, we re coming up on the beginning of february. the first friday we get the jobs report. should people expect job losses? very important question. it turns out that the peak of omicron cases coincided when the payroll data was being collected. if you were not at work, if you were on unpaid leave, you re not counted as being on the payroll.