5 February 2024
The Yahoo Finance Chartbook reveals through 10 critical charts how the US economy has managed to avoid a recession, showcasing resilience against the backdrop of last year’s recession forecasts. A pivotal indicator of this strength is the latest jobs report, which significantly exceeded expectations by adding 353,000 jobs, surpassing the anticipated 185,000. This report, along with analyses from leading Wall Street equity strategists and economists, highlights the underlying economic forces contributing to the economy’s durability, even in the face of the highest interest rates seen in over two decades.