See Local News
Get Balanced News From Your U.S. State.
See Local News
See all locals

Almost everyone expects a recession. Could the economy avoid one?

Posted on AllSides December 6th, 2022
From The Left
Eric Lee/Bloomberg

Joe Shamie hears plenty of talk of a looming recession. But his business just isn’t feeling it.

Shamie expects a decent holiday season for his company, Delta Children, which sells strollers, cribs, bassinets and other baby furniture. He’s encouraged that global supply chains are clearing up and borders are gradually loosening. From his New York City headquarters, he has no plans to cut staff and would hire more people if the right candidates come along.

“People and businesses create their own self-fulfilling prophecy: you expect the worst, you end up...

Read full story
Some content from this outlet may be limited or behind a paywall.

AllSides Picks

More News about Economy and Jobs from the Left, Center and Right

From the Left

From the Center

From the Right