Is A Recession Looming? Why History Says We Shouldn’t Panic
As we all began to emerge from the pandemic in 2021, Americans started spending more after being stuck in their homes. Holiday shopping was up, unemployment numbers were down, and it’s safe to say that many of us were feeling optimistic about our finances heading into 2022. However, things began to change with increased labor costs, stalled supply chains and rising interest rates.
Could these be signs of a recession?
