Economy News Economy Still Appears Headed For Recession, U S Leading Index Signals

A big part of the U.S. economy has sped up, ISM finds, but more speed bump loom ahead

The large services side of the U.S. economy grew in October at the fastest pace in eight months with the help of lower interest rates, but businesses expressed lingering worries over high tariffs and ... Read More

Trump Aides Raise Recession Fears, and Point Fingers at the Fed

Treasury Secretary Scott Bessent said some sectors were in a recession as he argued for more interest rate cuts. Read More

SA Asks: Is the U.S. economy sliding into recession?

Is the U.S. economy sliding into recession? Are we already in one? Seeking Alpha analysts weigh in. Read more here. Read More

US economy at risk of wobble as lower-income consumers get squeezed

The U.S. consumer's durability as a prop for the economy may be tested in coming weeks as family budgets, particularly among the less affluent, are stressed by rising healthcare costs, the potential ... Read More

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

New York and California are struggling economically — and if things get worse in those states, they could take the whole U.S. economy down with them. The two states, it must be noted, aren’t doing as ... Read More

US hiring fell sharply in July, an unexpected setback for the economy stoking recession fears

The U.S. economy suffered an unexpected setback in July as hiring fell sharply and the unemployment rate rose for the fourth straight ... Read More

U.S. economy still vulnerable to tariff shocks, IMF says, and labor shortages tied to immigration crackdown could also sting

The U.S. economy hasn’t suffered much so far from increases in tariffs or a decline in the labor supply due to tighter immigration rules. But that might change. So says a new report from the ... Read More

Roughly half of U.S. states are effectively in a recession and ‘hanging on by their fingertips,’ Moody’s chief economist says

ANALYSIS: Despite strong national figures—3.8% GDP growth and 4.3% unemployment—large parts of the U.S. are effectively in recession, according to Moody’s Analytics. Chief economist Mark Zandi ... Read More

Fannie Mae Housing Survey: 70% believe U.S. economy on wrong track

Oct. 8 (UPI) --Nearly 70% of Americans believe the economy is headed in the wrong direction and 73% think it's a bad time to buy a house, according to Fannie Mae's Home Purchase Sentiment Index. In ... Read More