Back

#recession #depression #economy

"Prospects for the US economy have cooled significantly in a matter of months. After outperforming its international peers last year, warning lights are flashing on a dashboard of economic indicators as analysts warn that Donald Trump’s erratic approach is hitting the world’s largest economy.

Fears of a US recession this year are growing, in what is being called a 'Trumpcession', amid a sharp decline in business and consumer confidence as the president threatens punitive import tariffs on US allies and enemies alike.

Most economists reckon a recession – defined as two consecutive quarters of shrinking economic output – can be avoided. But it is clear there are storm clouds gathering within the president’s first 100 days back in the White House."

https://www.theguardian.com/us-news/2025/mar/18/is-trump-driving-the-us-into-a-recession-in-charts