human
I've been hearing a lot about how the economy is doing. What are the signs of an economic downturn?
assistant
1. A decrease in consumer spending, especially on durable goods and services like housing, transportation, and education.
2. An increase in layoffs or furloughs at businesses.
3. A decrease in business investment, such as fewer new hires or less expansion.
4. Higher unemployment rates.
5. Lower stock prices.
6. Higher interest rates.