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Recession watch

Will the U.S. economy soon be in a recession? It's the trillion-dollar question that even experts don't know the answer to. Here's how to prepare for a potential downturn, and how one could impact you.

Insights from our expert analysts

“Economic uncertainty is a time for reducing debt and boosting savings, not the other way around.”

– Greg McBride, CFA

Do's and don'ts of saving during a recession

To help you navigate saving during a recession, we asked a number of experts what some of the most helpful things to do are, as well as some things you should try to avoid at all costs.
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Recessions & your money

Illustration of a person holding a house with a rain cloud over it
How might a recession affect the housing market? Find out what the experts think.
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Here are some tips to help make sure your retirement savings are protected in the event of a recession.
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The once-booming labor market is starting to face some trouble.

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Greg McBride

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Chief Financial Analyst

Sarah Foster

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Principal U.S. Economy Reporter

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Senior Economic Analyst

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Latest articles

A middle-aged couple looks out to the beach from their van
Here are some tips to help make sure your retirement savings are protected in the event of a recession.
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Overpaid in unemployment benefits? Here’s how to resolve the issue efficiently.
Couple sitting on a sofa, looking at a laptop
Mortgage rates have fallen, but the imminent Fed cut could make them even more favorable for refinancers.
inflation and the housing market photo illustration
The housing market isn’t immune from outside economic forces, including inflation.
Woman reaching in to the air for cash
Prices rise and fall all the time in the U.S. economy. It’s not always inflation.
Outside of the Federal Reserve building
The Federal Reserve raised interest rates several times. These interest rate changes are likely to affect the rates of personal loans.
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Warren Buffett, chairman and chief executive officer of Berkshire Hathaway
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A financial glow-up is essentially a money makeover. It’s taking a thorough look at your finances and following up with actions to meet your money goals. “Glow-up” may be a trendy term, but taking [...]
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Prices rise and fall all the time in the U.S. economy. It’s not always inflation.
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Cashier’s checks and money orders are similar. Here’s when to use one instead of the other.
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Slow shopping has been growing in popularity despite potential drawbacks.
Young couple managing finance and investment online
There’s still time to lock in a high-yielding CD as the Fed suggests cutting rates.
married couple looking at computer screen
Experts say you can cut many financial disputes off before they happen by having separate financial accounts.
A man uses his phone at an ATM.
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Couple sitting on a sofa, looking at a laptop
Mortgage rates have fallen, but the imminent Fed cut could make them even more favorable for refinancers.
Woman reaching in to the air for cash
Prices rise and fall all the time in the U.S. economy. It’s not always inflation.
Outside of the Federal Reserve building
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Traders work on the floor of the New York Stock Exchange
It isn’t always about two consecutive quarters of negative GDP growth.
Federal Reserve Chair Powell at a podium
As the job market weakens, some economists say the Fed should’ve cut rates already.
If you’re looking at HE loans or have a variable-rate line of credit, pay attention to the Fed.
The Federal Reserve’s decisions have ripple effects, including for mortgages.
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Subprime borrowers are particularly affected by interest rate changes. Here’s how to prepare.
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