Unemployment and inflation are falling—but so is consumer confidence. Here’s how expectations impact our perceptions of the economy. It may not feel like it, but the U.S. economy is currently doing alright. We are not in a recession or a depression. Economic indicators are neither too hot nor too cold—a Goldilocks dynamic that The Federal Reserve strives for.
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AJ Hess, Fast Company
Wed, 10/02/2024 - 6:00am
BING NEWS:
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Like taxes, death and recessions are a certainty, and that's reason enough to prepare for those eventualities. Getting life insurance and drawing up a will won't prevent death, but will help the living.
09/28/2024 - 10:00 pm | View Link - 5 Types of Businesses Most Affected By a Recession and How This May Impact Your Wallet
Economic downturns affect everyone-from the individual consumer to large corporations. The ripples of a recession can have a big impact all over the world, with certain industries really bearing
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- Explainer: What is a recession?
A recession is a significant decline in economic activity across the economy, lasting more than a few months. Learn how recessions are defined, measured, and ended, and what impacts they have on consumers, investors, and markets.
09/27/2024 - 9:44 pm | View Link - With inflation surging, can the US avoid a recession? | World Economic ...
The Fed is raising interest rates to tame inflation, but history suggests it may not be able to avoid a recession. The article argues that the current economy is overheated, wages are rising, and supply shocks are exacerbating inflation, making a soft landing unlikely.
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The report by the World Economic Forum shows how COVID-19 has accelerated the automation and disruption of 85 million jobs by 2025. It also highlights the opportunities for new jobs, skills and reskilling in the face of the pandemic and the robot revolution.
09/27/2024 - 12:09 am | View Link - Is the US heading for recession? All the indicators say yes | World ...
Wharton experts weigh in on the factors that could trigger or prevent a recession in the U.S., such as inflation, interest rates, COVID, and geopolitical uncertainty. They also discuss the impact of the Fed's actions and the housing market on the economy.
09/26/2024 - 10:14 pm | View Link - Recession in 2023? That depends on where you are in the world
The World Economic Forum's Chief Economists Outlook survey reveals that the global economy is likely to face a recession in 2023, but the impact will vary across regions. Europe and the US are expected to suffer the most, while Middle East and North Africa and South Asia may benefit from diversification and lower inflation.
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