Economic Uncertainty

Economic uncertainty refers to the unpredictability and lack of confidence regarding the future state of an economy. It encompasses concerns about various economic factors such as inflation rates, unemployment levels, interest rates, consumer spending, and government policies. When economic uncertainty is high, individuals and businesses may hesitate to make investments, expand operations, or spend money, leading to slower economic growth. Factors contributing to economic uncertainty can include geopolitical events, changes in government regulations, market volatility, and unexpected financial downturns. Overall, economic uncertainty impacts decision-making at all levels, from consumers and businesses to policymakers.