Economics
U.S. Recession Risk Creeps Higher Because of Weak Business Spending
- Consecutive quarterly drops less frequent outside a downturn
- Fed has described outlays as ‘soft’ in last two statements
This article is for subscribers only.
Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here.
American business is holding back on investment, and that’s holding back the economy.