Withdrawal of Covid-19 support, higher interest rates and softening consumer spending are challenges
A modest 150,000 U.S. jobs were created in the month amid higher borrowing rates
But inventory levels remain lower than what's traditionally available for the month
Labour market shows strength, even as the Fed tries to cool the economy
Geopolitical conflicts and inflation remain at the forefront of American consumers' minds
High rates and slowing growth weighs on corporate balance sheets
Recent survey finds 36% reported having missed a bill payment this year
While prices for many goods are falling, the price increases for services remain chronically high
Factors that drove higher interest coverage appear to be in reverse
The result came amid higher prices and interest rates