Can US avoid a recession? As inflation eases, optimism rises
WASHINGTON (AP) — For months, the outlook for the U.S. economy has been a mostly bleak one: Inflation hitting a four-decade high, consumer spending weakening, interest rates surging....
Tag : recession
State predicts mild recession, stagnant economy in 2023
INDIANAPOLIS (Inside Indiana Business) – Signaling fears of a short-term recession in 2023, state officials predict Indiana’s economy will stagnate next year as federal COVID-19...
30 million have sought US unemployment aid since virus hit
WASHINGTON (AP): More than 3.8 million laid-off workers applied for unemployment benefits last week as the U.S. economy slid further into a crisis that is...
US jobless claims soar to record 3.3 million as layoffs jump
WASHINGTON (AP): Nearly 3.3 million Americans applied for unemployment benefits last week — more than quadruple the previous record set in 1982 — amid a...
Economists warn falling RV sales signal impending recession
ELKHART, Ind. (AP) – Economists are warning that a downturn in shipments of recreational vehicles from the northern Indiana “RV Capital of the World” suggests...