recession News Updates

Government, Business

ATA Economist Bob Costello: Recession Remains Uncertain, but Expect More Carrier Closures

INDIANAPOLIS — Bob Costello isn’t sure that a recession — a downturn that could impact freight and trucking companies across North America — is coming, or when, but the economist senses something is amiss.

June 12, 2019
Government, Business

Blackstone Group CEO Stephen Schwarzman Sees US-China Deal, No Sign of Recession

The CEO of the world’s largest alternative asset manager is confident the United States isn’t headed toward a recession any time soon and is certain the nation will strike a trade deal with China, Schwarzman said in a Bloomberg Television interview April 18.

April 18, 2019
Government, Business, Logistics

Growth Continues, but Risk of Recession Looms Larger, Economist Says

ORLANDO, Fla. — Freight brokerage and third-party logistics firms can expect another year of positive business growth before facing an increased threat of recession, according to economist Noel Perry.

April 17, 2019
Government, Business, Fuel

Growth in 2019, but Recession May Be on Horizon, Economist Says

ATLANTA — Despite a generally strong economic performance in 2018, a global recession could be lurking in the shadows through 2019, a leading economist told attendees at the SMC3 Jump Start 2019 conference Jan. 30.

January 31, 2019
Government, Business

US Recession May Come Just in Time for Trump’s Re-Election Bid

Here’s another reason to circle the 2020 election year on the calendar. It may well be the year of the next U.S. recession.

March 26, 2018
Government, Business

Former Treasury Secretary Warns Next Recession Could Outlast Previous One

The next U.S. recession could drag on longer than the last one that stretched 18 months. That’s the assessment of former Treasury Secretary Larry Summers.

March 1, 2018
Business

US Recession Coming in 2018, Says Asset Management Strategist

Tighter monetary policy, a strong dollar and wage pressure will help tip the U.S. into recession in 2018, says Vadim Zlotnikov, chief market strategist and co-head of multiasset solutions at AllianceBernstein.

December 21, 2016
Business

Recession Risk Is Rising, Deutsche Bank’s Chief US Economist Warns

Standard measures of the U.S. labor market look pretty good. The unemployment rate is low, and job growth has been steady.

October 26, 2016
Business

US to Dodge Recession, Grow by 2%, Analysts Say

COLUMBUS, Ind. — The U.S. economy probably will avoid recession and keep chugging along at about 2% annual growth, analysts said.

April 4, 2016
Business

A US Recession Just Got a Little More Likely

A delayed Federal Reserve rate hike, turmoil in global equity markets ... and now increased expectations for a downturn in the United States.

October 9, 2015