A US Recession Is Almost Inevitable, Gayeski Says

The video discusses the resilience of the US consumer and labor market, which has kept the economy afloat despite challenges. However, as the labor market softens and unemployment rises, a recession seems inevitable. The timing of this recession is debated, with predictions ranging from Q2 2023 to Q1 2024. Key indicators like withholding tax growth and job creation are monitored to gauge economic shifts.

What indicators are being monitored to assess the likelihood of a recession?

According to the discussion, what is the expected timeline for the next recession?