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<html lang="en" class="story nytapp-vi-article nytapp-vi-story story nytapp-vi-article " data-nyt-compute-assignment="fallback" xmlns:og="http://opengraphprotocol.org/schema/" data-rh="lang,class"><head> <meta charset="utf-8"> <title>Economic Data Has Taken a Dark Turn. That Doesn’t Mean a Crash Is Near. - The New York Times</title> <meta data-rh="true" name="robots" content="noarchive, max-image-preview:large"><meta data-rh="true" name="description" content="Inflation is up and job creation down, but the U.S. economy could still pull through without too much pain."><meta data-rh="true" property="twitter:url" content="https://www.nytimes.com/2025/08/19/business/economy/us-economic-trends-unemployment-inflation.html"><meta data-rh="true" property="twitter:title" content="Economic Data Has Taken a Dark Turn. That Doesn’t Mean a Crash Is Near."><meta data-rh="true" property="twitter:description" content="Inflation is up and job creation down, but the U.S. economy cou...
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