- The US economy is showing signs of resilience, including from the labor market and consumer spending.
- LinkedIn's chief economist, however, isn't convinced that a soft-landing is the most likely outcome.
- Soft-landing outlooks preceded prior US recessions too, and some forecasters may be overly optimistic.
Earlier this year, a growing chorus of forecasters were feeling increasingly certain that the US was going to skirt a recession as data piled up showing that the US economy was doing surprisingly well navigating rocky terrain.