This is a Zandi news story, published by CNBC, that relates primarily to Goldman Sachs news.
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recessionCNBC
•87% Informative
Jobless rate rose to 4.3% in July , up from 4.1% in June and 3.5% a year earlier .
The increase in the national unemployment rate triggered the "Sahm rule" in July .
Goldman Sachs raised its recession forecast over the weekend to 25% from 15% .
If consumers keep spending, the economy will "be just fine," Zandi says.
Consumer spending accounts for about two-thirds of the U.S. economy.
"Real" consumer spending (i.e., spending after accounting for inflation) remains strong "across the board".
VR Score
93
Informative language
95
Neutral language
43
Article tone
semi-formal
Language
English
Language complexity
45
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
8
Affiliate links
no affiliate links