Big companies are saying they don't know what the future holds for the economy! This is making some people nervous, but it's important to understand what's happening. It's like trying to guess the weather a month from now; sometimes it's hard to predict.
- Many companies are unsure about their future profits.
- This uncertainty is similar to what happened at the start of the pandemic in 2020.
- Tariffs (taxes on goods from other countries) are also adding to the uncertainty.
- Even though things are uncertain, the job market is still good, with lots of jobs available.
| Fact | Number |
|---|---|
| Companies withdrawing guidance (Q1) | 173 |
| Jobs added in February | 151,000 |
| Unemployment rate | 4.1% |
| Average gas price | $3.11 |
