Fear of Recession Could Impact Consumer Decisions

The U.S. economy has been expanding since the end of the Great Depression in 1945. In fact, this month marks the longest period that the United States has gone without a recession. However, economists are predicting that this period of growth might be coming to an end. Growth rates, while still positive, are slowing, while inflation and interest rates are extremely low. These factors have the ability to place consumers in a scare—believing another recession could be right around the corner. (Axios, 07.01.19)

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