Is recession staring US down? Already upon it? Here’s why it’s hard to say https://ift.tt/EXTf0q9

Most economists still don’t think the United States meets the formal definition, which is based on a broader set of indicators, including measures of income, spending and job growth. But they aren’t quite as sure as they were a few weeks ago. The housing market has slowed sharply, income and spending are struggling to keep pace with inflation.