International Review of Business Research Papers
Vol. 15. No. 1. , March 2019, Pages: 1-17
A Recessionary U.S. Economy Will be a Surprise: Declining the Rate of Growth of Profits and Other Indicators in 2018 Predicts a Slow Growth in the US Economy in the Coming Months
Bob Namvar
Recession is a built-in feature of the market economy; it is unavoidable but controllable. Almost all of the recent recessions have had the same chain of causes from the demand and supply sides and profit has been the first leading indicator to signal a sluggish U.S. economy. The recent economic slow growth began in the third and fourth quarters of 2015 but it did not start suddenly. It was a result of cumulating tensions built up in the expansion after the recession of 2007-2009. All economic indicators show that American economy will continue to experience a moderate growth but no recession is in making for the next several months.
DOI :
https://doi.org/10.21102/irbrp.2019.03.151.01