U.S. Economy Surges Despite Recession Warnings
TL;DR Summary
Despite Americans' negative sentiment and rising inflation, strong consumer spending and resilient economic data suggest the US economy is growing robustly, driven by high-income earners and pandemic savings, even as concerns about a potential recession and economic disparities persist.
- No one can seem to kill America’s economy, despite everyone’s best efforts CNN
- The wealthiest are boosting the economy, as consumer spending rises again The Washington Post
- Recession warnings are looking flat wrong as consumers power the economy forward Axios
- Rich People Feel Pretty Good Right Now Bloomberg.com
- For third month in a row, Americans are spending more than they're making marketplace.org
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