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The recession is real (but probably won't materialize until we see the 4th quarter of this year's numbers). Lots of sectors are seeing reduced consumer spendin
by Mikeb85 4y ago
The recession is real (but probably won't materialize until we see the 4th quarter of this year's numbers). Lots of sectors are seeing reduced consumer spending, layoffs and of course interest rates rising reduces capital spending.
- zeroonetwothree 4y agoOverall spending and employment are still increasing. There are always some sectors growing and some shrinking. It doesn’t mean the whole economy is in recession.