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The NBER officially calls U.S. recessions, and data from Bank of America shows why this group won't be in a rush to declare the U.S. economy in recession.
Read on to learn why there’s a disconnect between economic data and consumer sentiment. The current state of the economy As of this writing, the U.S. economy is not in a recession.
Sky high inflation. Rising interest rates. Falling home purchases. Analysts are working to digest a host of signals about the state of the U.S. economy, which emerged from a pandemic recession ...
Typically, a recession is defined by a decline in economic activity that lasts more than a few months, the NBER says. But the U.S. economy is still chugging along, with second-quarter GDP growing ...
JPMorgan economists now see 35% odds of a US recession before the end of the year, a 10% rise from early July expectations. On Tuesday, Goldman Sachs ( GS ) CEO David Solomon painted a more ...
The much-anticipated recession of 2023 has yet to materialize. Some of the latest economic data point to more signs of strength than weakness. One strategist has a term for what that says about ...
“We do not currently have a recession in our forecast for the next two years,” he said. “Our view is that many portions of the U.S. economy actually sustained a recession in 2024 and are ...
BNP Paribas Asset Management Chief Market Strategist Daniel Morris joined Yahoo Finance Live to discuss the state of the U.S. economy, the probability of a recession, and the resignation of UK ...