Is the US economy heading for recession after stock market slump?

Weak jobs figures have spooked stock markets but does this mean a downturn is on the way?

British Broadcasting CorporationWatchHomeNewsSportBusinessInnovationCultureTravelEarthVideoLiveHomeNewsIsrael-Gaza WarWar in UkraineUS ElectionUS & CanadaUKUK PoliticsEnglandN. IrelandN. Ireland PoliticsScotlandScotland PoliticsWalesWales PoliticsAfricaAsiaChinaIndiaAustraliaEuropeLatin AmericaMiddle EastIn PicturesBBC VerifySportBusinessExecutive LoungeTechnology of BusinessWomen at the HelmFuture of BusinessInnovationTechnologyScience & HealthArtificial IntelligenceAI v the MindCultureFilm & TVMusicArt & DesignStyleBooksEntertainment NewsTravelDestinationsAfricaAntarcticaAsiaAustralia and PacificCaribbean & BermudaCentral AmericaEuropeMiddle EastNorth AmericaSouth AmericaWorld’s TableCulture & ExperiencesAdventuresThe SpeciaListEarthNatural WondersWeather & ScienceClimate SolutionsSustainable BusinessGreen LivingVideoLiveLive NewsLive SportHomeNewsSportBusinessInnovationCultureTravelEarthVideoLiveAudioWeatherNewslettersIs the US really heading for recession?Getty ImagesOver the past few days, global stock markets have been plummeting.

Trading screens across the US, Asia and, to a certain extent, Europe are awash with blinking red numbers heading south.

The sudden turn comes as fears grow that the US economy - the world's biggest - is slowing down.

Experts say the main reason for this fear is that US jobs data for July, released on Friday, was much worse than expected.

However, for some, talk of an economic slowdown - or even a (whisper it) recession - is a little premature.

https://www.bbc.com/news/articles/cvgdd0xvxd7o


Post ID: 8e63d278-3ae3-4b82-8a33-0a5514a6f247
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Updated: 1 month ago
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