US recession signal
US recession signal
US recession signal
News summary

Recent economic indicators suggest that while fears of a recession are prevalent, the U.S. economy is not currently in a downturn. A Fitch report indicates that the rise in the unemployment rate is largely due to an influx of workers into the labor market, rather than significant job losses, labeling the recession signal a likely false positive. Former White House Economic Advisor Steve Moore affirmed that although the economy is slowing, a recession is not inevitable. Claudia Sahm, the creator of the Sahm rule, also contends that the economy is still growing, despite recent job report shortcomings. Concerns remain regarding high interest rates and the potential for a downturn if economic conditions fail to stabilize. Overall, the prevailing sentiment warns against excessive pessimism, which could inadvertently lead to a self-fulfilling recession.

Story Coverage
A widely followed recession signal just flashed, but its inventor says a downturn isn't guaranteed
The August tremor on world markets is a stark recession warning
Bias Distribution
50% Left
Information Sources
72da0b09-12c1-4a6a-ac99-710108fff81b247a7f2a-20c0-438e-9347-4e4eecdc0f42
Left 50%
Right 50%
Coverage Details
Total News Sources
2
Left
1
Center
0
Right
1
Unrated
0
Last Updated
43 days ago
Bias Distribution
50% Left
Related News
AI Assistant
Story Coverage
A widely followed recession signal just flashed, but its inventor says a downturn isn't guaranteed
The August tremor on world markets is a stark recession warning
Subscribe

Stay in the Know, Subscribe to Our News

Get the latest news, exclusive insights, and curated content delivered straight to your inbox.

Related News
Recommended News