recession – Everett Post

Recession is ‘possible but not inevitable,’ Buttigieg says as he touts supply chain focus

Sunday, October 16 by ABC News

(WASHINGTON) -- With year-over-year inflation barely easing in the latest Consumer Price Index report despite sharp increases in interest rates meant to cool the economy, Transportation Secretary Pete Buttigieg said Sunday that a recession is "possible but not inevitable." Buttigieg was asked in an interview... Read More.

What is ‘recession fatigue’ and how to combat it

Tuesday, October 4 by ABC News

(NEW YORK) -- Nearly a third of Americans say they’re not prepared for a recession and they aren’t taking action to get their finances ready for one, according to a recent Bankrate poll. Experts are calling it “recession fatigue” and it might be why younger... Read More.

US consumer confidence rises more than expected in September, defying recession fears

Tuesday, September 27 by ABC News

(NEW YORK) -- U.S. consumer confidence rose more than expected this month, extending a rebound in sentiment that began with a jump in August. The growing confidence in the U.S. economy defies recession fears on Wall Street less than a week after the Federal Reserve... Read More.

Democrats’ health and climate deal ‘may be disinflationary by causing a recession,’ Sen. Cassidy argues

Sunday, July 31 by ABC News

(WASHINGTON) -- As Senate Democrats push a major economic, health and environmental proposal, "much of what they're saying about this bill is just not true," Sen. Bill Cassidy, R-La., contended on Sunday. "It may be disinflationary by causing a recession," Cassidy told ABC "This Week"... Read More.

As US economy slows, Biden resists recession label and touts ‘historically strong’ job market

Thursday, July 28 by ABC News

(WASHINGTON) -- President Joe Biden on Thursday pointed to robust job growth and low unemployment that should, he argued, quell growing concerns of a financial downturn after it was announced that the economy contracted for a second consecutive quarter -- meeting a common but... Read More.

How US economy could avoid a recession, according to economists

Friday, July 22 by ABC News

(NEW YORK) -- As recession forecasts have grown dire in recent months, they've faced one complication: Strong economic data. The U.S. showed robust job growth last month, defying expectations of a slowdown and keeping the unemployment rate at a near-historic low of 3.6%. Meanwhile, retail... Read More.

Inflation runs hotter in June as US faces recession risk

Wednesday, July 13 by ABC News

(NEW YORK) -- As U.S. policymakers walk a tightrope in an attempt to dial back sky-high prices while averting an economic recession, new inflation data on Wednesday showed a significant acceleration of price hikes. Prices rose even faster in June, jumping at the highest rate... Read More.

No reason US ‘will have a serious recession’ but economy should cool, Gina Raimondo says

Sunday, July 10 by ABC News

(WASHINGTON) -- Following a stronger-than-expected jobs report released on Friday, the Biden administration is continuing to push back on fears of looming economic downtown while working to tame historic inflation. "I don't see any reason to think that we will have a serious recession," Commerce... Read More.

Jobs data arrives as economy faces threats of inflation and recession

Friday, July 8 by ABC News

(NEW YORK) -- As recession fears grow, officials on Wall Street and in Washington, D.C., will be watching employment data on Friday to see if aggressive borrowing cost increases from the Federal Reserve have slowed a monthslong stretch of robust U.S. hiring -- suggesting... Read More.

Potential recession would harm mental health: Experts

Wednesday, June 29 by ABC News

(NEW YORK) -- Jey Austen, a brand designer at a fintech company, lost their job about two weeks ago. But the layoff didn’t come as a surprise, said Austen, 27, who is trans and uses they/them pronouns. A market downturn in recent months has hammered... Read More.

Diesel prices could lead us into the next recession, experts say

Thursday, June 23 by ABC News

(NEW YORK) -- While many Americans have noticed sky-high gasoline prices, the lesser-known increase in diesel costs could be what drives the U.S. economy into a recession, experts told ABC News. Oil prices, which on Wednesday afternoon stood at $105 per barrel, are likely to... Read More.

Recession isn’t ‘inevitable’ but inflation remains ‘unacceptably high’: Janet Yellen

Sunday, June 19 by ABC News

(NEW YORK) -- A recession is not "at all inevitable" as the Federal Reserve takes increasingly aggressive action to address sharply rising inflation, Treasury Secretary Janet Yellen said Sunday. "I expect the economy to slow," Yellen told "This Week" anchor George Stephanopoulos. "It's been growing... Read More.

Stories tagged with: recession

Recession is ‘possible but not inevitable,’ Buttigieg says as he touts supply chain focus

What is ‘recession fatigue’ and how to combat it

US consumer confidence rises more than expected in September, defying recession fears

Democrats’ health and climate deal ‘may be disinflationary by causing a recession,’ Sen. Cassidy argues

As US economy slows, Biden resists recession label and touts ‘historically strong’ job market

How US economy could avoid a recession, according to economists

Inflation runs hotter in June as US faces recession risk

No reason US ‘will have a serious recession’ but economy should cool, Gina Raimondo says

Jobs data arrives as economy faces threats of inflation and recession

Potential recession would harm mental health: Experts

Diesel prices could lead us into the next recession, experts say

Recession isn’t ‘inevitable’ but inflation remains ‘unacceptably high’: Janet Yellen

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