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Looming Recession
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djmcountryboy
Posted 10/23/2021 13:57 (#9282991)
Subject: Looming Recession


Mascoutah, Illinois
I have been speaking with numerous business folks over the past couple of weeks and it is the same story, business has become quite soft. I was reading an article today by a firm who has correctly predicted the last seven United States recessions. The group says economic data points show the recession has begun. The group uses data from the eight largest states by population including California, Texas, Florida, New York, Pennsylvania, Illinois, Ohio, and Georgia to make this determination. In my opinion, I believe the group is spot on. The last recession in the United States was from the 2007-2009 timeframe.
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