recession

U.S. job growth seen slowing in July; but far from recession levels

U.S. job growth seen slowing in July; but far from recession levels

A pedestrian passes a “Help Wanted” sign in the door of a hardware store in Cambridge, Massachusetts, U.S., July 8, 2022. REUTERS/Brian Snyder/ Register now for FREE unlimited access to Reuters.com Register Nonfarm payrolls forecast to increase by 250,000 in July Unemployment rate seen unchanged at 3.6% Average hourly earnings expected to rise 0.3% WASHINGTON, …

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The Decline In Housing Investment Risks A Recession

The Decline In Housing Investment Risks A Recession

Falling housing investment due to the Fed’s interest rate hikes is dragging the economy down and … [+] could help cause a recession. getty The estimated second-quarter Gross Domestic Product (GDP) data released on Thursday shows the U.S. economy teetering on the edge of recession, with an overall inflation-adjusted GDP decline of 0.2%. And if …

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