The U.S. economy is showing signs of an imminent recession, with indicators like rising inflation and falling consumer confidence sparking concerns among economists and policymakers. The urgency to tackle this impending problem is evident. As we prepare for potential economic fallout, it’s crucial to understand the underlying forces at play and take bold measures to mitigate the effects of the imminent downturn. Today, we examine the data closely, highlight the warning signs, and its impact on businesses and families.
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