U.S. Economic Resilience Continues Despite Tariff Anxiety

2025-06-03 13:45:00 ET

Summary

• The US economy continues to defy recession fears while inflation concerns have yet to materialize.
• Consumer spending rose again in April, although the pace has slowed compared to previous months.
• The full impact of tariffs remains unclear, but early indicators suggest a moderate economic slowdown rather than a recession.

By James Picerno

Some forecasters expected that clear signs of a US recession would be obvious by now. Instead, the worst you can say is that it’s still debatable how tariffs will impact the economy....

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