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A customer checks prices while shopping at a grocery store in Wheeling, Ill., Friday, Jan. 19, 2024. A typical basket of groceries now costs 20% more than in February 2021, just before inflation began to take off. (AP Photo/Nam Y. Huh)

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Americans' economic outlook brightens as inflation slows and wages outpace prices
January 24, 2024 1:05 p.m.

Americans' economic outlook brightens as inflation slows and wages outpace prices

Economists say consumers appear to be responding to steadily slower inflation, higher incomes, lower gas prices and a rising stock market