Back to News
Market Impact: 0.15

The U.S. Economy Has Grown for 77 Straight Months — So Why Does It Feel Like a Recession?

Source: 247wallst.com

Economic DataConsumer Demand & RetailInflation
The U.S. Economy Has Grown for 77 Straight Months — So Why Does It Feel Like a Recession?

U.S. consumer spending rose 0.9% in August, while inflation-adjusted disposable income was unchanged, according to the Bureau of Economic Analysis. The divergence suggests households spent more without an increase in real disposable income.

AllMind Terminal

AI-powered research, real-time alerts, and portfolio analytics for institutional investors.

Request Trial

Market Sentiment

Overall Sentiment

mixed

Sentiment Score

-0.10

More News

From AllMind Research

Browse all research