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Is the US headed for a recession? 4 warning signs to keep an eye on

The article from NewsNationNow discusses four warning signs that the U.S. might be heading towards a recession. Firstly, inverted yield curves have historically been a reliable indicator, where short-term bond yields exceed long-term yields, suggesting economic uncertainty. Secondly, rising unemployment is highlighted as a traditional sign, although current unemployment rates are low, there's a noted increase in layoffs in certain sectors like tech. Thirdly, declining consumer confidence is mentioned, with recent data showing a drop in consumer sentiment, which could lead to reduced spending. Lastly, a slowdown in manufacturing is evident from the ISM Manufacturing Index dipping below 50, indicating contraction in the sector. These signs collectively suggest that while not definitive, there are increasing concerns about an impending economic downturn.

Read the Full NewsNation Article at:
[ https://www.newsnationnow.com/business/your-money/us-recession-4-warning-signs/ ]