Could the U.S. still see a recession? A handy primer about the confusing economy
A string of encouraging reports is raising hope about the economy — but worries of a possible recession have not gone away. Here's why.
by David Gura
Jul 24, 2023
4 minutes
Confused about the economy? You're not alone.
At the start of the year, warnings of a looming recession seemed to be everywhere, like in this NPR story.
But so far, to the surprise of many experts, the economy has proven to be remarkably resilient.
So what gives? Does this mean recession fears are over?
Here's what you need to know about the state of today's economy.
Why are things looking better?
For two years, inflation has been the dark cloud hanging over the economy, but we're beginning to see patches of blue sky.
Annual inflation in June — still above what the Federal Reserve would like, but a big improvement from a
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