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According to Bloomberg the likelihood of a U.S. recession in the next 12 months rose to 35% in an August survey of economists, from 31% forecast previously, as global trade tensions fuel economic uncertainty.
Growth in the world’s biggest economy will average 2.3% this year, down from 2.5% seen in a July…
The past 6 months have seen very slow, almost no growth as the economy scrapes along the bottom of the GDP barrell. It’s no secret unemployment numbers have come down, but many suggest the reasoning is the increasing numbers of people who have dropped out…
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