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Is a recession coming in 2025? Long Island economists weigh in.

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          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source
Online search engines have seen an uptick in people asking questions about the country's economic fate, including "is a recession coming in 2025," "how to prepare for a recession," and "what is a recession.
The article from Newsday discusses the potential for a recession in 2025 and its implications for Long Island, New York. It highlights concerns raised by economic indicators such as the yield curve inversion, which historically signals an upcoming economic downturn. Local business leaders and economists are preparing for various scenarios, with some suggesting that Long Island's diverse economy might cushion the impact compared to other regions. The piece also touches on the Federal Reserve's interest rate hikes aimed at controlling inflation, which could either stave off or precipitate a recession. Local businesses are advised to strengthen their financial positions, diversify their offerings, and maintain flexibility in operations to weather potential economic storms. Additionally, the article notes the importance of government and community support in mitigating the effects of a downturn, focusing on sectors like real estate, tourism, and small businesses which are vital to Long Island's economy.

Read the Full Newsday Article at:
[ https://www.newsday.com/business/2025-recession-questions-long-island-b2qpa8ac ]