Economy News Economy Is A Recession Coming Or Not

The 7 parts of the US economy that are already in a recession

From homebuilding to trucking, major parts of the US economy are in deep trouble. The weakness could drag the whole country into a recession. Read More

Bessent sees no 2026 recession but warns on weak sectors

The Biden-era fear that the United States was drifting toward a downturn in 2026 has given way to a very different message from the current economic team. Treasury Secretary Scott Bessent is signaling ... Read More

Treasury Secretary Bessent says there won’t be a US recession in 2026: ‘Very, very optimistic’

Bessent added that Americans will feel relief next year as Trump’s tariffs, trade deals and “big, beautiful bill” set in. Read More

No recession risk for US economy as a whole after $11 billion shutdown hit, Bessent says

Treasury Secretary Scott Bessent on Sunday said the 43-day government shutdown caused an $11 billion permanent hit to the U.S. economy, but he was optimistic about growth prospects next year given ... Read More

Bessent ‘very, very optimistic’ about economy, says US will not enter recession

A report from the Bureau of Economic Analysis found that the economy grew at a 3.8% annual rate in the second quarter of this year. Read More

The next recession is coming — and this time, you’re the collateral

Treasury Secretary Scott Bessent has warned that the U.S. economy is showing signs of strain, and that if the Federal Reserve doesn’t cut rates soon, the pain could spread quickly, leading ... Read More

Recession and ‘stagflation’ loom as economic concerns

Given the level of uncertainty with the economy, labor market, and inflation, some economists have started talking about the possibility of a recession or even “stagflation.” The economy has been in ... Read More

Here are the 6 signs to watch in the labor market to know if a recession is close

Investors should be mining the September jobs report for signs that the economy could be close to a recession, John Hussman's firm said. Read More

Financial Planners Say a Recession Is Coming: 3 Reasons They’re Not Worried About It

Mark Zandi, chief economist at Moody’s Analytics, recently warned that the economy is on the brink of entering a recession, as reported by Newsweek. GOBankingRates spoke with financial experts who ... Read More

If New York or California enters a recession, the entire U.S. economy would be next. So how are they doing?

As two of the country's biggest states by GDP, their economies 'may be canaries in the coal mine,' one economist notes The economies of California and New York could be proverbial canaries in the coal ... Read More

Is a recession on the horizon or not? SA analysts weigh in

U.S. financial markets remain perched near record levels as investors await the Federal Open Market Committee’s upcoming rate decision. A key question looming over Wall Street now is whether the ... Read More

New UHERO report forecasts recession for Hawaii’s economy

This line graph shows average daily visitor arrivals in Hawaii from the U.S., Canada and Japan. Courtesy photo With visitor numbers down in Hawaii and new federal tariffs weighing down the global ... Read More