Bloomberg News
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Fears of a Possible U.S. Recession Persist
Posted
October 25, 2019
Views
1,161
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6
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5
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0.95%
October 25, 2019
1,161
6
5
0.95%
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1:05Now PlayingDespite low interest rates, muted inflation and record low unemployment, the U.S. economy still can’t shake its fear of an upcoming contraction. With persistently weak economic data emanating from China, Germany, Italy and Japan, those fears might appear to be well founded. However, those economies don’t enjoy the safety net provided by the U.S. consumer, whose spending accounts for 70% of U.S. economic activity. With consumer spending remaining strong, the U.S. economy appears set to remain buoyant for the foreseeable future. Insights via @CMEGroup
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