From ‘moderately concerning’ to ‘virtually stagnant.’ 4 measures economists use to make sense of this moment Economy Dec 1, 2025 3:48 PM EST

If you’re confused about the economy right now, you’re in good company. Experts are also grappling with conflicting indicators, imperfect data and flashing caution signs.

By some indicators, things seem to be going well. The stock market is up and rising. Unemployment – though ticking up – remains very low .

Yet by others, it could look like we’re heading for a downturn. Consumer sentiment is relatively low, consumer debt is high and stubborn inflation hasn’t budged much.

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