Economists warn of downturn as US businesses face rising costs

Costs are piling up for businesses during the U.S. and Israel’s war against Iran — and many economists see a bleak outlook, with some bracing for a downturn in hiring and investment in the coming months.

May 11, 2026 - 22:00
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Economists warn of downturn as US businesses face rising costs
Costs are piling up for businesses during the U.S. and Israel’s war against Iran — and many economists see a bleak outlook, with some bracing for a downturn in hiring and investment in the coming months.

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