Worried About a Recession? These 2 Stocks Could Signal What's Next for the Economy.
McDonald's(MCD) The Motley Fool·2024-08-18 09:10
Looking at consumer spending habits could be a helpful signal when gauging the strength of the economy.The U.S. economy is at a really interesting juncture right now.Over the last few years, the U.S. has added more than 15 million jobs -- more than recovering jobs that were lost during the peak of the COVID-19 pandemic. At the same time, inflation has continued to cool from peak levels in 2022.But with that said, July's unemployment rate of 4.3% was the highest level over the last 12 months.All in all, it s ...