Recession talk for the US is on the march again. Although there’s still room for debate on the near-term business-cycle outlook, some indicators are highlighting decelerating growth that could be the start of trouble in the second half of the year into early 2025.

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* Fed risks recession by delaying cut rates, predicts economist Claudia Sahm
* US industrial output posts strong rebound in May
* US debt as percent of GDP on track to top WWII-related peak in 2027: CBO
* Nvidia becomes most valuable public firm, overtaking Microsoft
* US retail sales rise less than expected in May:

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