Is the US in a recession? Not yet, but experts think we could be in one soon.

• The US isn't in a recession at the moment according to different kinds of data.
• The labor market in the country is still thriving, as seen in monthly nonfarm payroll gains.
• Real personal income has also seen monthly gains again after declining in early 2022.

You can't go far without hearing someone talking about a recession.

The debate whether the US will see a recession, or even if it's experiencing one now, is almost everywhere.