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      • But if you think we're in a recession, here's some good news: We're not in one, and there likely isn't one coming, based on economic data and what experts who talked to Business Insider are seeing. A Harris poll for the Guardian found 56% of Americans believe the US is in a recession. Plus, it found a majority think we have a shrinking economy.
      www.businessinsider.com › what-is-going-on-with-economy-recession-unemployment-inflation-gdp-2024-5

      Hey, America, here's what's actually going on with the economy

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  3. www.cnn.com › 2024/05/24 › businessWhat’s really happening in America’s economy (Trump ... - CNN

    4 days ago · For instance, President Joe Biden tells voters the economy is booming and has hardly ever been doing better — even though, as he frequently says, there’s still work to be done. Yet from former ...

  4. www.nbcnews.com › business › economyClarity? In this economy? - NBC News

    3 days ago · By Christine Romans. Jim LaPointe knows that how the economy feels “depends on your perspective.”. Four years after Covid-19 lockdowns kicked off a home fix-up frenzy, the central New Jersey ...

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  6. www.washingtonpost.com › opinions › 2024/05/28Opinion | American voters are wrong about the economy. Whose ...

    1 day ago · For example, to economists, “recession” means that the economy overall (as measured by output, employment, etc.) is shrinking. But laypeople often use the term more loosely to mean ...

  7. finance.yahoo.com › news › two-speed-global-economyTwo-Speed World Weighs on G-7 With Inflation Fading Unevenly

    5 days ago · (Bloomberg) -- A two-speed global economy skewed by US strength is overshadowing this week’s Group of Seven meeting as officials confront the prospect of less synchronized monetary policies.Most ...

  8. www.investopedia.com › us-economy-news-today-mayUS Economy News Today: Mortgage Rates Drop Again This Week

    5 days ago · The average 30-year fixed-rate mortgage as of today was 6.94%, according to data from federal mortgage backer Freddie Mac. Rates are still higher than they were at this time a year ago when they ...

  9. think.ing.com › articles › think-ahead-what-if-usTHINK Ahead: What if US inflation is much lower than we think?

    5 days ago · Our preliminary forecast points to a further increase in inflation to 2.9% year-on-year from 2.4% YoY in April, continuing the upward trend. A further upswing in price dynamics was, in our view, mainly driven by annual increases in food and fuel prices. Rising inflation is among the factors that will prevent the MPC from cutting rates this year.

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