Each month, NRF reviews the state of the U.S. economy, including consumer sentiment, employment, housing, retail sales and other leading economic indicators.
Recession Unlikely in 2022
Despite two quarters of decline, the economy doesn't appear to be in a recession and is unlikely to enter one this year.
Monthly Economic Review: August 2022
Recession unlikely in 2022 as consumer outlook remains favorable.
Economy Slowing But Near-Term Recession Unlikely
Economic growth is slowing, but NRF Chief Economist Jack Kleinhenz says consumers remain financially healthy.