Get Set for a Second Wind

The economy will shake a slump and pick up speed in the coming months

From the canyons of Wall Street to the assembly lines of sprawling factories, the performance of the U.S. economy was generating a high level of anxiety and uncertainty last week. The New York Stock Exchange settled into a nervous lull in the aftermath of the record plunge of the Dow Jones industrial average the week before. The Commerce Department reconfirmed that growth in the gross national product was almost completely stalled in the second quarter. Economists, executives and workers all pondered the same questions: Is the U.S. slipping into a recession? Are interest rates headed higher? Is inflation poised for a...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!