Economy News The Us Economy Is Entering Expansion, Not Recession, And Investors Fear They Are Missing Out, Fundstrat S Tom Lee Says

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 says overall US recession is not ahead, predicts 'very strong' 2026

Bessent acknowledged strain in interest-rate-sensitive sectors, particularly housing, which he described as having been “in a recession” but cited stronger home sales in October, lower gasoline prices ... Read More

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

Treasury Secretary Scott Bessent assured he is “very, very optimistic” about the economic outlook of 2026 and dismissed concerns of an impending recession. Bessent appeared on NBC News’s Meet the ... Read More

Here’s what the latest inflation and spending data reveals about the US economy

The figures show that consumer spending, the lifeblood of the US economy, was somewhat weak heading into the current quarter, which stretches from October through December. In September, employers ... Read More

This vital ingredient suggests the U.S. economy is still faring OK - with no recession brewing

Americans are still going out to eat despite rising worries about the economy. When the U.S. economy shows sign of stress, one of the first things Americans strike from their budgets are takeout ... Read More