Evidence for demand destruction in the US economy is really piling up. Consumer sentiment tumbled, services businesses in parts of the country are shedding workers in a way and to a degree we only see during recession, and major Midwest manufacturing plunged. All that was just today. The common theme through each one is a change in employment conditions and not the good one.

Eurodollar University's Money & Macro Analysis

the Conference Board Consumer Confidence
https://www.conference-board.org/topics/consumer-confidence

Texas Service Sector Outlook Survey
https://www.dallasfed.org/research/surveys/tssos/2024/2404#tab-comments

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Consumer Confidence Is TANKING ( what this means)