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Recession watch

Will the U.S. economy soon be in a recession? It's the trillion-dollar question that even experts don't know the answer to. Here's how to prepare for a potential downturn, and how one could impact you.

Insights from our expert analysts

“Economic uncertainty is a time for reducing debt and boosting savings, not the other way around.”

– Greg McBride, CFA

Do's and don'ts of saving during a recession

To help you navigate saving during a recession, we asked a number of experts what some of the most helpful things to do are, as well as some things you should try to avoid at all costs.
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Recessions & your money

Illustration of a person holding a house with a rain cloud over it
How might a recession affect the housing market? Find out what the experts think.
A middle-aged couple looks out to the beach from their van
Here are some tips to help make sure your retirement savings are protected in the event of a recession.
Illustration of worker with a brief case
The once-booming labor market is starting to face some trouble.

Experts in all things finance

Our expert reporters and editors bring the news and analysis you need—backed by data and firsthand experience.

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Greg McBride

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Chief Financial Analyst

Sarah Foster

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Principal U.S. Economy Reporter

Mark Hamrick

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Senior Economic Analyst

Calculate your savings

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Many of these options are flexible to your schedule.
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Short answer? Yes. Here’s what you need to know.
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Auto rates will likely not decrease this year. Consider how to still save.
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The Federal Reserve’s actions can influence student loan interest rates.
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The Fed’s latest cut means cheaper business loans. Here’s what it means for you.
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The best way for most investors to approach this type of market is to stick to the long-term plan.
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Every financial decision you make is impacted by the Federal Reserve.
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The Fed looks poised to leave rates alone in July but signal cuts are coming soon.
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Rate cuts are coming. Just don’t call this a low-rate environment just yet.
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Wages are on pace to fully recover from inflation by the second quarter of 2025.
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