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Galina Vetertsovskaya/Getty Images People are trading recession theories online based on cultural observations. But how much can culture tell us about the economy?
Justin Sullivan/Getty Images Conference Board surveys point to unease about job security and raise questions about Americans’ future spending.
Anna Moneymaker/Getty Images Usually, the federal government spends to help people through recessions. Now, “there will be far less attempt to cushion the effects,” said political economist Mark Blyth.
Angela Weiss/AFP via Getty Images The hard data still points to a strong economy. But “soft” data — like consumer confidence readings — paints a different picture.
Rob Kim/Getty Images “What is completely uncertain is what the destination looks like,” says Mohamed El-Erian, president of Queens’ College, about the U.S. economy.
Torsten Asmus/Getty Images But this time may be different. One theory is that weaker data allowed companies to prepare and soften the economic landing.
Mandel Ngan/AFP via Getty Images Since the late 1970s, the Federal Reserve has had two main jobs: ensuring stable prices and maximum employment. How often does it achieve both at the same time?
Michael M. Santiago/Getty Images The markets have been on a roller-coaster ride, and it seems we invest more emotion in the downs than the ups.
Spencer Platt/Getty Images The disappointing July jobs report fed fears of a U.S. downturn, spurring traders to sell. But economic fundamentals are still strong.
Justin Sullivan/Getty Images While decreasing numbers of temporary workers can be a leading recession indicator, economists say this time might be different.