How Close Is the Next Recession?

May 9, 2016

After an underwhelming first quarter, some analysts are beginning to wonder how long domestic growth will last.   The U.S. economy barely budged in the first quarter, expanding just 0.5 percent for its slowest rate of growth in two years. Soft export totals, less robust consumer spending and contracting business investment collectively dragged down gross domestic product in the first three months of 2016, potentially complicating the Federal Reserve’s interest…