Justin Lahart, Wall Street Journal

Justin Lahart

Wall Street Journal

New York, NY, United States

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Recent articles by Justin:

Jobs Report Gets a Participation Trophy

A drop in the unemployment rate in the face of tepid payrolls growth last month hints at growing labor-force participation, but it is too early to celebrate—especially with the Omicron variant looming. → Read More

Manufacturers’ Reprieve Could Be Ruined by Omicron—or Not

U.S. manufacturers’ supply-chain problems began to ease last month. The risk is that the variant of Covid-19 could quickly turn that into old news. → Read More

Omicron Uncertainty Will Linger a While

It will be some time before investors even have enough information to judge how big a threat the new coronavirus variant is. → Read More

U.S. Economy Could Enjoy Post-Holiday Glow

Rising Covid-19 cases are a hurdle, but easier hiring conditions and fewer supply-chain snarls could lessen the economy’s typical January swoon. → Read More

It’s Beginning to Look a Lot Like Christmas—and Like 2019

Americans will spend more money this holiday season than they did last year. But what they spend their money on, and where they spend it, will be different. → Read More

Today’s Shortages Could Soon Become Tomorrow's Gluts

History suggests that acute shortages can lead to overproduction, eventually bringing down prices. By this time next year, inflation might not seem like nearly as big a problem as it does right now. → Read More

Gloom Over Holiday Sales Looks Inflated

Americans may not be in good cheer about the economy, but robust retail sales data for October indicates they have their wallets open anyway. → Read More

Market Bets on a Fed Interest-Rate Mistake

The market is saying that the Federal Reserve is going to be raising rates sooner and faster than the central bank itself thinks it will. But the market is also saying that rates won’t go as high as the Fed eventually thinks they will. → Read More

Labor Market Has No Slack in Sight

Recent labor market data are the latest indication that it remains extraordinarily hard to find workers. → Read More

Brace for Even More Inflation

Even if inflation is transitory, it will probably get even hotter before it cools down. → Read More

Hot-and-Cold Jobs Market Still Far From Full

The job market appears tight in many ways, but for the Fed there is still plenty of underlying slack that needs to be taken in before it thinks of raising rates. → Read More

Inflation Debate Can Wait as Fed Tapers

The Federal Reserve has time to determine whether inflation will prove transitory before it has to make a decision on rates. → Read More

Supply-Chain Issues Mean There’s Less Than Meets the Eye to October Manufacturing

Supply problems are inflating the Institute for Supply Management’s monthly manufacturing index. → Read More

An Economy Out of Season

The pandemic has made a muddle of the economy’s usual seasonal swings, making it even harder to interpret what is going on. → Read More

America Has Supply-Side Problems

You can’t buy what you can’t get. That, in short, was the story for the U.S. economy in the third quarter. → Read More

The Lowdown on the Third-Quarter Slowdown

The Commerce Department will release its first read on third-quarter gross domestic product on Thursday. The median estimate among economists polled by The Wall Street Journal is for a 2.8% annual growth rate, but the range of estimates is wide. → Read More

America’s Housing Boom Will Keep Builders and Agents Busy

There is no more off season any more for housing as builders and buyers make up for lost time. → Read More

Heroic American Shoppers Braved High Prices, Low Inventory

The key variable for retail sales going into the holidays seems to be the state of Covid-19 rather than what is on the shelves and how much it costs. → Read More

At Times Like These, Inflation Isn’t All Bad

Inflation might be part of the solution for an economy undergoing a complex transition → Read More

Think You Can Predict Inflation? Think Again

The scope for error is huge in forecasting U.S. inflation, even if you think you know how the pandemic will progress. → Read More