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Is the U.S. teetering on a recession?

Is the U.S. teetering on a recession?

CBSN
Thursday, May 19, 2022 09:12:17 AM UTC

With stock markets swooning, inflation running hot and Russia's war in Ukraine devolving into a prolonged stalemate, Americans are understandably worried about their financial prospects and the state of the U.S. economy. 

The stock market on Wednesday suffered its biggest drop in two years as large retailers acknowledged that rising prices are hurting their profits. Wall Street economists are also sounding the alarm, while a growing number of chief executives and small business owners say they expect a slump later this year. 

Although some signs suggest the economy remains on solid ground, other indicators augur trouble. Here's what experts are saying about the risk of a recession. 

Read full story on CBSN
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