There are several possible explanations for why inflation could be high despite weak economic growth and low unemployment, including the near-constant supply chain disruptions.

Bob Costello, chief economist and senior vice president for the American Trucking Associations (ATA) is sounding off his opinion on a “short and shallow” recession early next year.

Despite stubbornly-high inflation and slowing economic woes, the economy has added 263,000 jobs and kept the unemployment rate at a low 3.7%.

The National Retail Federation (NRF) is now forecasting strong holiday sales despite sky-high interest rates and growing inflation - which is confounding to some.

The Conference Board Consumer Confidence Index declined 107.8 points in October, after growing in August and September.

Unemployment remains at a 50-year low, but the signs of an impending recession are growing clearer by the day.

Signs of a weakening economy and still-growing inflation are worrying Federal Reserve officials, especially after July reports show growing job vacancies.

The American job market continues to perplex experts.

Fears of a recession continue to grow as the US economy shrinks for the 2nd quarter of the year, contracting at a 0.9% annual pace.

The Treasury Secretary, Democrats, Republicans, and the economists at Goldman Sachs have wildly different opinions on the US economy - is it running headway into the Great American recession?

President Joe Biden claimed that inflation would be a “temporary” roadblock one year ago, but it seems to be far from temporary.

Stagflation was a 1970’s problem, but we might be looking down the same barrel today.