For our wallets and the U.S. economy, 2023 was in many ways the year life began to look more like it did before the pandemic.
The American shopping frenzy slowed and credit-card debt inched up, while the labor market continued to hum along and unemployment remained near historic lows. Prices continued to climb but at a slower pace, and by year’s end wage growth was outpacing inflation.
How does it all add up? Here are some the ways our lives got both pricier and cheaper in 2023.
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