This week on Inside the Economy, we explore the inflation outlook, affordability, and hydrocarbons alongside urea prices. Spending in February grew about 3 percent year over year, which may indicate a relatively strong consumer. What can the uptick in consumer spending be attributed to? Inflation has remained elevated in recent data. What are the projections for a future rate cut or hike? Housing affordability remains strained, especially as the cost of building new homes stays elevated. In addition, with interest rates and other costs rising post-COVID, the annual mortgage payment as a share of income remains high. What are the current levels of monthly property insurance premiums, and what factors are built into them? Regarding energy, the United States is now a net exporter. Are regions such as the European union and China primarily net importers or next exporters of energy? Tune in to learn more.

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