The Iran war spills over into the U.S. economy: Inflation rises and growth slows.

Core Viewpoint - The conflict with Iran is exerting new pressure on the U.S. economy, leading to increased prices, reduced orders, and a drop in employment [1] Economic Impact - Companies are reporting rising prices as a direct consequence of the conflict [1] - There is a noted decrease in orders from businesses, indicating a slowdown in demand [1] - Employment levels are declining, suggesting potential layoffs or reduced hiring [1]