NRF: Growth has slowed but recession indicators disagree
U.S. economic growth has slowed, but it still isn’t clear if the nation is in a recession, said National Retail Federation Chief Economist Jack Kleinhenz. “As we come to the end of the summer, economic indicators are signaling an unsteady U.S. expansion in the face of several headwinds,” Kleinhenz said, noting ongoing inflation, Federal Reserve interest rate hikes, the volatile...
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