The U.S. economy is experiencing a controlled slowdown, with reduced hiring, consumer spending, and manufacturing activity, alongside a stagnant housing market.

Despite these challenges, the economy appears to be achieving a “soft landing,” with inflation cooling without significant unemployment increases and continued, albeit slower, economic growth.

This controlled deceleration is viewed positively, with economists now seeing a lower risk of recession compared to a year ago. The upcoming economic figures are expected to show the slowest consecutive quarters of growth since 2022, reflecting this managed economic cooling.