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Explainer: Is the US economy nearing a recession?

Updated : August 15, 2019 10:18 AM IST

Julia Coronado, chief economist at MacroPolicy Perspectives, sees a 40 percent probability of a downturn within the next 12 months, up from 30 percent last month.
Those concerns stem in part from the US-China trade war, which appears to have discouraged many businesses from expanding and investing in new buildings and equipment.
Explainer: Is the US economy nearing a recession?

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