Opinion | Beneath the GDP, a Recession Warning

Core Insights - Business spending experienced a significant decline in the second quarter, primarily attributed to the ongoing trade war [1] Group 1: Economic Impact - The trade war has led to a sharp decrease in business investment, indicating a negative impact on economic growth [1] - Companies are becoming increasingly cautious in their spending due to uncertainty surrounding trade policies [1] Group 2: Sector Analysis - Certain sectors are more affected by the decline in business spending, particularly those heavily reliant on exports [1] - The overall sentiment in the business community reflects concerns over future profitability and market stability due to trade tensions [1]