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Indicators that show USA is heading towards recession
short by / on Tuesday, 6 August, 2024
Recent US economic indicators, including a rising unemployment rate, the activation of the Sahm Rule Recession Indicator, stagnant wage growth, prolonged tight monetary policy, and vulnerabilities in the housing market, suggest the economy may be heading towards a recession early next year. Analysts are closely watching the Federal Reserve's next moves to address these growing concerns.
read more at Trak.in