Six Monthly Indicators of Recession | Mint PrimerUpdated: 05 Oct 2022, 01:22 AM IST
- Has the US economy moved from its strong recovery from the COVID shock to a recession? The nature and timing of this as the US economy moved from shift have great implications for the global economy, especially for highly indebted emerging markets. Where is the US economy now? The evidence suggests that the US economy is not in recession. However, it faces a difficult test in the coming year as policies are put in place, most notably by the Federal Reserve, to address the sharp, multi-decade increase in nominal wages and prices. Let's examine the current health of the economy in the United States and conduct an in-depth analysis of the six months leading signs of a recession.