America's economy is booming. So why are bosses worried?
economist.com
economist.com
government stimulus cheques, have now largely been spent,
Default rates on credit cards have been steadily rising,
student loan repayments are adding to pressure on pocketbooks,
"persistent category weakness",
below expected revenue grows,
car sales well below last year's increase,
higher labor costs for carmakers,
slower switching to pricier EVs,
health of consumers in China
packaged food and sundry home essentials to protect profits from rising costs by jacking up prices
My opinion
uncertain interest rates
consumer concerns, savings spent & no fallback
China's economic slowdown
Manufacturing slowdown