The US economy has been growing for a record 129 months now. And the data that's been coming out of the US recently indicate that's unlikely to change anytime soon. Could the economic effects of the coronavirus outbreak upset this trend? Absolutely. However, the threat is much more about financial conditions and medium-term economic risk than anything regarding near-term recession in the US.
Data setback for the economic bears
Data setback for the economic bears
Data setback for the economic bears
The US economy has been growing for a record 129 months now. And the data that's been coming out of the US recently indicate that's unlikely to change anytime soon. Could the economic effects of the coronavirus outbreak upset this trend? Absolutely. However, the threat is much more about financial conditions and medium-term economic risk than anything regarding near-term recession in the US.