-4.4 C
New York
Friday, December 5, 2025

This critical data reveals the U.S. economy is on the brink of recession

This critical data reveals the U.S. economy is on the brink of recession

 

Consumer spending, the backbone of the American economy, is flashing warning signs reminiscent of the run-up to the 2008 financial crisis.

According to Mark Zandi, chief economist at Moody’s Analytics, the latest data shows inflation-adjusted household spending has stalled in 2025, raising concerns about the broader economy, he said in an X post on August 31.

More here >

This post was originally published on this site

Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments

Stay Connected

149,858FansLike
396,312FollowersFollow
2,470SubscribersSubscribe

Latest Articles

0
Would love your thoughts, please comment.x
()
x