Relatively young Canadian here, I’ve been trying to understand what is going on in the US but struggle as I’m not familiar enough with how their economy works. Some people say it’s good, some say bad, I’m just confused.
Can someone explain to me what is going on with the US economy?
byu/RandomPerson-568 ineconomy
Posted by RandomPerson-568
9 Comments
We printed too much money and now have to deal with the inflation.
US companies’ productivity haven’t been improving while FED printing too much money.
It’s booming. Inflation is stable at 2.7%. GDP is strong. Unemployment is low at 4.2%. Wages are up. Stocks are up. The manufacturing number came in today at the highest level since 2022, indicating future growth.
Basically we are in a golden age.
Moody’s just stated that the top 10% are responsible for 50% of all spending. Which means that 40%-50% of the population is economically irrelevant…those are the ones you are hearing from.
Economics is not a precise science. The overall economy is doing well at present. However there are indications of potential future volatility. (My thought is 1st -2nd quarter 2026). Another issue is how tariffs will play out now and mid to long term. While we can look to the past for guidance there are so many different levers and factors that are in play in today’s economic climate the past is not as great a predictor as some may wish.
With migrants being forced to hide/leave the marketplace this too adds another wrinkle that we have not really dealt with. This may actually be delaying the onset of volatility.
Chaos in the marketplace has the effect of making businesses make smaller / safer moves.
Being in Canada makes it harder to see the economy at the local level, and so you have to rely more on the book data points- that data may become less accurate at best and non existent at worst.
K shaped economy is in full effect.
Well so basically the us….. then when powell spo… and that’s basically what’s happening. It’s simple
If we think of economy as something can be benchmarked with score, I’d say it’s pretty hard. But it’s much easier to find the trend where you can tell it’s getting better or worse.
My favorite indicator for the economy is the S&P