New Survey Says We're in a Recession

New survey finds 97% of business leaders agree america is either in a recession right now or soon will be in a recession. Vast majority of corporate executives bracing for a recession, or think the us economy is already in one. New story out to day, thanks to these interest rate hikes, i told you that the housing market is headed into its on recession. It's now happening. Sales of new homes have plunged more than expected and are down 29 point six % annually. The collapse in home sales as late is the latest evidence of how the housing market has started to cool because of rising mortgage rates.