Recession ahead? Why the US economy is on shaky ground under Trump
The US economy is facing growing recession fears as key indicators signal trouble ahead. The Atlanta Federal Reserve has projected a 2.4 per cent GDP contraction in Q1 2025, while US consumer confidence saw its sharpest decline since August 2021. Adding to the uncertainty are mass government layoffs, rising unemployment and Trump's global tariffs, leaving economists divided over America's future
The US economy is facing growing recession fears as key indicators signal trouble ahead. The Atlanta Federal Reserve has projected a 2.4 per cent GDP contraction in Q1 2025, while US consumer confidence saw its sharpest decline since August 2021. Adding to the uncertainty are mass government layoffs, rising unemployment and Trump's global tariffs, leaving economists divided over America's future
