Jessica Mendoza
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Podcast Appearances
According to the Department of Labor, job growth was in health care and finance. Another category that was way up was transportation and warehousing, which economists think was about managing the surge in imports. OK, so the economy is doing better than it might seem. So why are people so worried? That's coming up.
While Gene says the economic picture isn't so bad, there are a lot of bad vibes out there, including one especially scary word, recession.
While Gene says the economic picture isn't so bad, there are a lot of bad vibes out there, including one especially scary word, recession.
While Gene says the economic picture isn't so bad, there are a lot of bad vibes out there, including one especially scary word, recession.
In early April, a survey by the Wall Street Journal showed that economists thought there was a 45% chance of recession in the coming year. And other surveys have shown that consumer sentiment has started to sour.
In early April, a survey by the Wall Street Journal showed that economists thought there was a 45% chance of recession in the coming year. And other surveys have shown that consumer sentiment has started to sour.
In early April, a survey by the Wall Street Journal showed that economists thought there was a 45% chance of recession in the coming year. And other surveys have shown that consumer sentiment has started to sour.
But that has not yet quite translated into the numbers at this point, is what you're saying.
But that has not yet quite translated into the numbers at this point, is what you're saying.
But that has not yet quite translated into the numbers at this point, is what you're saying.
So what would need to happen for the economy to continue to hold steady or avoid a recession? Like, would more certainty help?
So what would need to happen for the economy to continue to hold steady or avoid a recession? Like, would more certainty help?
So what would need to happen for the economy to continue to hold steady or avoid a recession? Like, would more certainty help?
Adjustments that they know that they can stick to for a period of time. Exactly. As businesses worked through all that uncertainty, tariffs against China went into effect, and cargo shipments from China have started to fall.
Adjustments that they know that they can stick to for a period of time. Exactly. As businesses worked through all that uncertainty, tariffs against China went into effect, and cargo shipments from China have started to fall.
Adjustments that they know that they can stick to for a period of time. Exactly. As businesses worked through all that uncertainty, tariffs against China went into effect, and cargo shipments from China have started to fall.
What does all this say about the state of the U.S. economy?
What does all this say about the state of the U.S. economy?
What does all this say about the state of the U.S. economy?
That's all for today, Tuesday, May 6th. The Journal is a co-production of Spotify and The Wall Street Journal. Additional reporting in this episode by Justin Lehart. Thanks for listening. See you tomorrow.