WSL Future of Health Event

U.S. economy

Recession for 2022 unlikely

July 11, 2022 by 2022, Issue 07-11-2022, Issues

WASHINGTON — A favorable consumer outlook over the next few months might be enough to keep the U.S. economy from tipping into a recession in 2022, according to National Retail Federation (NRF) chief economist Jack Kleinhenz. “The economy is moving away from extremely strong growth toward moderate growth, but increased income from employment gains, rising

NRF: Economy slowing but recession is unlikely in near term

June 30, 2022 by Leading Headlines, Money, Retail News, Topics

NRF: Economy slowing but recession is unlikely in near term

WASHINGTON – The U.S. economy’s rate of growth is slowing, but consumers remain financially healthy and the nation is unlikely to enter into a recession during the remainder of 2022, National Retail Federation chief economist Jack Kleinhenz said Thursday. “I am not betting on an official recession in the near term, but the most recent