Risk of recession in the United States: What is different from 2007?
Some forecasters are currently predicting slow growth or even a recession in the United States. Since we do not believe in a recession in the United States, we should therefore show what is different from 2007 and currently protects against a recession. We look at: Exports and industry; Corporate earnings, investment and solvency; Interest rates and household housing investment and solvency; Fiscal policy ; Participation and employment rates; Inflation and the real wage. All these factors were recessionary in 2006-2007; currently, only the weakness of industry and corporate investment are recessionary.