The largest part of the economy grew in July at a robust pace, but scattered shortages of key supplies and dogged inflation raised the cost of doing business. Companies responded by keeping a lid on hiring.
Source: [MarketWatch](https://www.marketwatch.com/story/u-s-economy-keeps-up-the-momentum-but-rising-costs-put-a-cap-on-new-hiring-028d481b?mod=mw_rss_topstories)