US economy likely to face recession by year's end as growth continues to slow, report says - Fox Business


8/19/2022 12:00:00 AM2 years 8 months ago
by Megan Henney

The Conference Board's leading economic index dropped for the fifth consecutive month, suggesting the U.S. economy is slowing and could be headed for a recession.

The U.S. economy is cooling off considerably and will likely slide into a recession before the end of the year, The Conference Board warned this week. The non-profit business organization on Thursda… [+4331 chars]

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