Hazards Ahead for the Economy

An economy growing only slowly is especially vulnerable to shocks. And the coming months are chock-full of potential storms.

For at least the next six months, the economic outlook isn’t just weak, it’s precarious. Growth of just 2% or so both this year and next isn’t enough to withstand any significant bumps, and the landscape is dotted with hazards that could push the tepid economy into recession. They certainly will dampen consumer spending, as well as business investment and job creation.

SEE ALSO: Can Washington Boost the Economy?

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Jerome Idaszak
Contributing Editor, The Kiplinger Letter
Idaszak, now retired, worked on The Kiplinger Letter as its economics writer for 21 years. Before joining Kiplinger in 1992, he worked for 15 years with the Chicago Sun-Times, including five years as a columnist and economic correspondent in the Washington, D.C., bureau, covering five international economic summit meetings. He holds bachelor's and master's degrees in journalism from Northwestern University.