Is the US economy in trouble?

Although concerns regarding a recession have eased, investors are still worried about the US economy. Fortunately, there are a few indicators that can highlight where it might be heading. April’s US GDP shrunk 0.3% in the first quarter of the year, as companies imported more ahead of President Trump’s trade measures. Although this may not show an immediate recession, slowing personal consumption might possibly do so… Whilst consumer spending is currently viewed as healthy, consumer sentiment has fallen, which may affect the economy’s health down the line. A steady labour market is a good...