In spite of recent signs of sluggishness, the American economy remains on solid ground. While some indicators have indeed taken a dip, the notion of a recession is still a far cry from reality. A closer examination of the numbers reveals a nominal GDP growth rate exceeding 4%, a testament to the economy’s underlying resilience. Moreover, although the jobless rate has experienced a slight uptick, it remains within a manageable range.
**Liquidity Crisis Looms**
In spite of recent signs of sluggishness, the American economy remains on solid ground. While some indicators have indeed taken a dip, the notion of a recession is still a far cry from reality. A closer examination of the numbers reveals a nominal GDP growth rate exceeding 4%, a testament to the economy’s underlying resilience. Moreover, although the jobless rate has experienced a slight uptick, it remains within a manageable range.
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