Breitbart Business Digest: The Recession That Never Happened Is Already Over

Hard Data Trumps Soft Data and Media Narrative

The financial press and sentiment surveys keep insisting that the U.S. economy is teetering on the brink of recession. But hard data tells a different story.

Economic activity in the U.S. remains robust, even as the media clings to dire warnings from consumer sentiment surveys. The “Recession That Never Happened” is just a politically driven narrative. The real economy is growing, while politically charged sentiment data continues to lag far behind.

Just listen to Fed Chair Jerome Powell, who told reporters this week that while economic growth may be moderating, it remains solid.

“Growth looks like it may be moderating a bit. Consumer spending, moderating a bit but still at a solid pace. Unemployment’s 4.1

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