Economy shows resilience despite mounting recession fears ...Middle East

Washington Post - Economy
Economy shows resilience despite mounting recession fears
source : Washington Post ( Middle East ) () 21
Recent indicators suggest that the two-year old expansion – while slowing from an unsustainable pace of annual growth near 7 percent late last year – shows little sign of slipping into reverse. The labor market is churning out “help wanted” signs faster than employers can add workers. Consumers and businesses are flush with cash. And by some measures, the bond market appears less worried about inflation than do many pundits.

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