Tag: Consumer Confidence (Economic Indicator)

A Recession Is Coming (Eventually). Here’s Where You’ll See It First.

Last week’s report on second-quarter gross domestic product showed that the economy slowed last spring. It also came exactly 10 years since the Great Recession ended, making this officially the longest expansion in American history. (Well, probably. More on that in a second.) So perhaps it’s no surprise that forecasters, investors and ordinary people are […]

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Consumers Are Spending. Businesses Aren’t. Who’s Right About the Future?

One of the hard things about projecting how the economy will evolve in the coming months is that two different sides of it are sending completely opposite signals. American consumers keep buying stuff, driving solid growth through the first half of the year. On Friday, the Commerce Department reported that consumption spending rose a healthy […]

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