Marketplace Stress-Googling “recession”? You’re not alone.
9 snips
Mar 19, 2025 Worries about a recession are rising, yet hard data shows a strong economy. Consumer confidence is shaky, especially in construction, as rising costs and uncertainty loom. The U.S. is ramping up liquefied natural gas exports, addressing technological advancements and infrastructure challenges. Moreover, the foster youth community faces tough transitions, but innovative solutions like the Foster Power app are emerging. Meanwhile, gold is gaining popularity as a safe investment during these unpredictable economic times.
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Mixed Economic Signals
- The economy shows mixed signals, with strong hard data like GDP and job growth.
- However, "soft data," like consumer confidence and Google searches for "recession," suggests rising anxiety.
Local Economic Observation
- Bethann Bovino assesses local economic health by observing business closures and sales signs.
- Increased frequency of these suggests businesses preparing for a downturn.
Tariff Impact on Housing
- Tariffs create uncertainty in the housing market, impacting builder confidence and new construction.
- Price volatility, rather than the tariffs themselves, causes project delays.