Bad news about the US economy travels fast, but examples of a slowing economy are potentially being blown out of proportion.
Consumer spending declined in January for the first time in nearly two years, a real-time forecast of economic growth recently turned negative, the housing market was off to a sluggish start this year and the air is rife with uncertainty because of President Donald Trump’s frenetic back-and-forth on tariffs.
The Conference Board’s latest consumer survey even showed that the share of respondents expecting a recession in the coming year jumped in
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