Top Economist Warns: Risk of US Recession ‘Increasing’

Top Economist Warns: Risk of US Recession ‘Increasing’
A customer pays for goods while shopping at the Atlanta Farmers Market in Atlanta in a file photo. David Goldman/AP Photo
Jack Phillips
Updated:

Beth Ann Bovino, the head U.S. economist for S&P Global Ratings, said that the chance of a recession hitting the United States is increasing.

When asked during a Yahoo Finance panel about the prospects of a recession occurring, she said that American households, including individuals who are lower-income, “are still sitting on a nice bit of savings.”

Jack Phillips
Jack Phillips
Breaking News Reporter
Jack Phillips is a breaking news reporter who covers a range of topics, including politics, U.S., and health news. A father of two, Jack grew up in California's Central Valley. Follow him on X: https://twitter.com/jackphillips5
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