economics
The Wage‑Resilience Nexus: How Labor Market Dynamics, Consumer Spending, and Policy Mix Drive the 2025 US Downturn
The Wage-Resilience Nexus: How Labor Market Dynamics, Consumer Spending, and Policy Mix Drive the 2025 US Downturn In short, the 2025 US downturn is being fueled by slower wage growth, a pullback in consumer spending, and a tightening policy mix that together erode business resilience and household purchasing power. Labor