Is a 2025 recession a myth or reality in this age of uncertainty?

By Manfred Keil and Mark Schniepp | Inland Empire Economic Partnership
A host of important economic statistics recently became available to give us insights into the current state of the U.S. economy.
There was negative (annualized) quarterly growth of real GDP, with output shrinking by 0.3%. The unemployment rate remained unchanged at 4.2% but job numbers showed a better than expected increase of 177,000. Finally the yearly inflation rate fell slightly toward the Fed’s target judging