Welcome to the Great American recession guessing game
CNN
The Treasury Secretary says the US economy is not in a recession. One of her Democratic predecessors says a recession is highly likely. The economists at Goldman Sachs put the odds of a recession at 50/50.
Welcome to the Great American recession guessing game.
First, to that inter-party divide among Democrats on the Sunday talk shows: Treasury Secretary Janet Yellen on Sunday said the economy is slowing, but "this is not an economy that is in recession."
Millions of Americans have taken to the skies, hit the road, fired up the barbecue grill and jumped into the pool this weekend to celebrate the start of summer 2024. Analysts are expecting the Memorial Day weekend to usher in yet another summer of strong consumer spending on travel and other leisure activities.