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Delta issues its quarterly results Wednesday, but last month it more than halved its growth outlook for the first quarter.
At the end of the day, consumers need jobs and stable income, says labor economist Elizabeth Crofoot of Lightcast.
Tariffs, uncertainty for businesses and consumer caution make a slowdown more likely, some economists say.
Uncertainty about tariff policy poses risk of both rising prices and high unemployment, says economist Şebnem Kalemli-Özcan.
There’s been a lot happening that could affect the job market. But what impacts will actually show up in the numbers?
S&P Global’s Purchasing Managers’ Index went up – and the Institute for Supply Management’s went down in February, as firms anticipate tariffs.
The Conference Board reported the biggest monthly decline in consumer confidence since 2021. And the University of Michigan reported a sharp increase in inflation expectations.
Economic uncertainty has combined with a persistent lack of affordability to chill the housing market.
Austan Goolsbee says the central bank is keenly monitoring how changing economic policy is influencing inflation and employment.
With the uncertainty of the upcoming presidential election stoking fear on both sides, doomsday prepping is taking off.