President Donald Trump has suggested that a trade deal with China is imminent to resolve a conflict that is damaging both economies.
More than half of respondents rated economic conditions as either excellent or good, while only 9 percent said they were poor—that's the lowest such rating since immediately after the terrorist attacks on September 11, 2001, Gallup reported.
The Massachusetts senator and Democratic 2020 presidential candidate is pledging to overhaul the U.S. economy with a number of reforms.
While nearly half—47 percent—of Democrats are anticipating a recession, just 13 percent of Republicans expect one. And 75 percent of Democrats think that the president is taking the U.S. toward a recession, while 20 percent of Republicans do.
Researchers have attempted to create a happiness index based on books and newspaper clippings, with the words used in the text treated as a way to gauge public emotion over the last 200 years.
The survey results add to the growing body of evidence showing Americans are increasingly concerned about a looming recession.
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"Every household that doesn't have sufficient savings will be living on the edge when a recession arises, and in a sense, they're living on the edge even before a recession arises."
The conservative BlazeTV host, who has made predictions of economic doom before, claimed the Fed is "printing money to bail out the banks again."
There is a 35 percent chance that President Donald Trump escalates his trade war with China and others, Moody's Analytics says.
Fears about a looming U.S. recession are weighing down on President Donald Trump's approval rating, an ABC News/Washington Post poll finds.
"President Trump's erratic behavior and reckless economic policies are causing uncertainty and angst for the American worker. Wage growth is flat. Manufacturing is in decline. And job growth continues to slow," wrote Democratic National Committee Chair Tom Perez.
President Donald Trump has pointed the finger at the Federal Reserve amid talk of a recession, but voters are looking at him.
The unemployment rate for disabled workers (currently at 8 percent) is still higher than unemployment for non-disabled workers (3.7 percent), but employment of disabled workers has seen steady growth.
"If everyone else is screaming recession, you start to worry it might actually cause one."
"Neither side sees the benefit to cooperating as better than hanging tough... We expect that tensions will continue to escalate at least until the costs of doing so are too big to ignore."
"Growth of business investment dropped from 9 percent last year to 1.4 percent now," Chris Wallace said.
"Federal debt, which is already high by historical standards, is on an unsustainable course, projected to rise even higher after 2029," said Congressional Budget Office director Phillip Swagel.
Despite President Donald Trump's assurances that the U.S. will not head into a recession, members of his staff have reportedly begun considering ways to combat a slowing economy.
The president, who campaigned on his ability to improve the economy and has sought to take credit for the economic successes, is positioning himself to avoid blame for any possible downturn.
On Sunday, Trump administration officials Larry Kudlow and Peter Navarro touted economic strengths and dismissed analysts' warnings that the U.S. could be facing another recession soon.
"Consumers strongly reacted to the proposed September increase in tariffs on Chinese imports, spontaneously cited by 33 percent of all consumers in early August, barely below the recent peak of 37 percent," Richard Curtin wrote.
President Donald Trump doubts the veracity of economic data, according to a report, because he thinks economists are trying to stop his reelection in 2020.
Consumer spending accounts for more than two-thirds of the U.S. economy, and the retail figures indicated that consumers were not yet tightening purse strings despite dire economic predictions spurred by the inverted yield curve.
"The risk that exists right now in the economy––in the global economy and the U.S. economy––lies squarely, squarely on Donald Trump's reckless, drunk driving approach to economic management."
As the leading U.S. stock markets dropped and signs pointed to a recession, #TrumpSlump trended on Twitter.
"You can only ride the #StolenGlory of President Obama's recovery for so long before your own disastrous policies destroy it all," Charles M. Blow tweeted.
"While we have had seven flat to inverted yield curves, all seven have led to rate cutting cycles. But only four led to recessions," he said, referring to 10-year and 2-year U.S. Treasury bonds," Sam Stovall told Newsweek.
"If the U.S. were to implement 25% tariffs on all imports from China for 4-6 months and China were to respond with countermeasures, we believe we would see the global economy entering recession in three quarters."