Still, high inflation is forcing consumers, on average, to save less. Incomes rose 0.4% from March to April, Friday's report showed, slightly faster than inflation. Economists say those factors could bolster spending and support the economy for much of this year. But analysts now project that, on an annual basis, it's growing as much as 3% in the current quarter.Īmericans have been able to keep spending, despite higher inflation, because of rising wages, a stockpile of savings built up during the pandemic and a rebound in credit card use. The economy shrank at a 1.5% annual rate in the first quarter, mostly because of an increase in the trade deficit. “Inflation is finally slowing, but it’s a little early for high-fives,” said Bill Adams, chief economist at Comerica Bank.Īdams noted that gas and food prices have risen in May and that Russia's war against Ukraine and COVID-19-related lockdowns in China could further disrupt supply shortages and send prices accelerating again.Ĭonsumers' resilience in the face of sharply higher prices suggests that economic growth is rebounding in the current April-June quarter. Yet all that spending is helping keep prices high and could make the Federal Reserve's goal of taming inflation even harder. The ongoing willingness of the nation's consumers to keep spending freely despite inflated prices is helping sustain the economy. The report also showed that consumer spending rose at a healthy 0.9% annual rate from March to April, outpacing the month-to-month inflation rate for a fourth straight time. While high inflation is still causing hardships for millions of households, any slowing of price increases, if sustained, would provide some modest relief. The inflation figure the Commerce Department reported Friday was below the four-decade high of 6.6% set in March.
Just remember, you're trying to land the plane safely, ok? But with X-Plane 11, you might just be able to do it just as though you were the actual pilot.An inflation gauge closely tracked by the Federal Reserve rose 6.3% in April from a year earlier, the first slowdown since November 2020 and a sign that high prices may finally be moderating, at least for now. There's a variety of planes you can learn to fly, from small craft, to full-on passenger planes, it's your choice what you fly.
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Plus, naturally, the cockpit and conditions you're flying in are also on display, and you'll have to learn how to not only fly the plane, but adapt to changing conditions such as weather and impediments that could happen in flight. From the airports that you need to land in, refuel in, get new passengers in, and more, to the cities that you are flying above, there's a lot of detail put into X-Plane 11.
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Take for example X-Plane 11, a simulator that wants to give you a truly realistic and detailed flying simulator so that you might know what it's like to fly a plane.Īnd let's face it, who hasn't wanted to fly a plane? The game takes realism and detail to new heights as it goes the extra mile to simulate everything you might encounter both in the plane, and outside it. There's a lot of detail and precision that go into these titles, especially when it comes to those that are actually trying to make you feel like you're really doing the act. Simulators offer players a chance to do things they couldn't naturally do on their own, yet do through the simulator/video game title they are able to do it as if they are really there.
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