Recession odds are 'very high' as economy looks poised to see an unemployment wave and plunging consumer spending, chief economist says

The odds of the economy ... recession are "very high," as the US is poised to see a wave of unemployment and a major drop in consumer spending. That's according to Joe LaVorgna, the chief ... Read More

Trump Says a Recession Might Be Worth the Cost. Economists Disagree.

President Trump and his advisers say his policies may cause short-term pain but will produce big gains over time. Many economists are skeptical of those arguments. Read More

What is a recession, and is the U.S. economy heading for one? Here's what economists say.

Consumers, businesses and investors are increasingly jittery about the risks of a protracted slump. So what exactly is a recession? Read More

Consumers Sound Alarm on Trump Economy as Expectations Reach Recession Level

A sharp drop in consumer confidence in February has brought Americans’ expectations about the future course of the U.S. economy ... chief economist at Bright MLS. “It is expected that we will ... Read More

Americans are getting fed up with the economy. Does that mean we’re heading into a recession?

Consumer spending accounts for about 70% of the US economy ... corporate economist at Navy Federal Credit Union, who said he doesn’t see a recession unfolding this year. America’s job market ... Read More

Will Trump's tariffs and policies send U.S. economy into a recession?

The president was asked March 9 on Fox News whether he ... joint assessment of the economy on March 7. They cited various headwinds including tariffs but didn’t cite overarching economic worries. They ... Read More

The US economy is in for rollercoaster inflation and could be headed for an ultra-rare 'full employment recession,' BlackRock says

That rollercoaster could potentially spell bad news for stocks: High ... of recession. The New York Fed sees a 67% chance the economy will tip into a downturn by June 2024. Meanwhile, unemployment ... Read More