Wall Street fears a recession may be coming. Key indicators including the inverted U.S. yield curve and the U.S. Federal Reserve raising rates aggressively also imply a looming recession. However, so far, economic data, and especially employment data, has come in ahead of expectations. If a recession does occur, here are some of the key early signals to watch.
Employment
Employment is a robust near-term recession tracker. If people lose jobs, they cut back on spending. That reduced spending can trigger a recession.
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