U.S. Economy Faces Threats Of A Slow Down (Tom Ashbrook, On Point)

It’s been a kind of slow, no-fireworks recovery since the Great Recession. But real. And recovery beats recession. But now, in some quarters, the dark R-word is back. There’s talk of creeping recession again. Layoffs at Caterpillar, Wal-Mart, Monsanto. Markets, spooked and down. Industrial players, the oil patch, farmers, miners feeling a pinch. The US economy has been a relative bright spot. It may stay so. But China’s slowdown and its knock-on effects are biting. This hour On Point, growth, slowdown, and weighing the R-word again, on this side of the Great Recession. — Tom Ashbrook
Interview:
http://onpoint.wbur.org/2015/10/27/us-economy-slowdown-federal-reserve