For three years, the U.S. economy has been buffeted by rapid inflation, high interest rates and political instability at home and abroad. Yet it has proved surprisingly resilient, supported by the sturdy pillars of robust consumer spending, a rising stock market, and healthy balance sheets for households and businesses alike.
The Job Market Has Been Resilient. The Trade War Could Be Its Undoing.
Source: New York Times |
Author: Ben Casselman and Colby Smith |
Original URL: View Original
The U.S. economy has largely withstood inflation and high interest rates. But tariffs could bring new price increases and put a damper on hiring.
Summary
The Job Market Has Been Resilient. The Trade War Could Be Its Undoing.. The U.S. economy has largely withstood inflation and high interest rates. But tariffs could bring new price increases and put a damper on hiring.
