The Economic Recession Has Arrived Very Early

What are you hearing on the street?

Photo by Tim Mossholder on Unsplash

It seems every day there is a new report on the state of the economy.

• The stock market is up, just barely
• Only a few big tech companies are doing well
• Layoffs are a daily occurrence
• There are new job listings, but not the good ones
• Many businesses are struggling or simply failing

The list of stories about the state of the economy can seem infinite. After all, that’s what news and media publications are supposed to do. They research the economy and report on it.

But what is the average American experiencing? What is the word on the street?

Well, I can speak to my own personal experience.

• I have a brother who is unemployed. He got released from his factory position a few months ago. He is hopeful, of course, and is working to get his trucking license.
• I have a few cousins who work at an automotive manufacturing facility. I read a news article recently about big layoffs there this month and of course I worry for them. Hopefully, they will be and to keep their positions.

When you start to hear of people in your own family that are impacted by layoffs and…