S&P 500 Companies See No Recession as Economy and Earnings Improve

Date:

August 13, 2025

FactSet found that the term ’recession’ was cited in only 16 earnings calls for the second quarter, far below the 124 for the first quarter.

S&P 500 Companies See No Recession as Economy and Earnings Improve — A trader works on the floor of the New York Stock Exchange. Michael M. Santiago/Getty Images

8/13/2025|Updated: 8/13/2025

News Analysis

Companies of the S&P 500 Index see no recession in the offing, according to FactSet, reflecting an improvement in the U.S. economy and corporate earnings.

Panos Mourdoukoutas

Author

Panos Mourdoukoutas is a professor of economics at Long Island University in New York City. He also teaches security analysis at Columbia University. He’s been published in professional journals and magazines, including Forbes, Investopedia, Barron’s, IBT, and Journal of Financial Research. He’s also the author of many books, including “Business Strategy in a Semiglobal Economy” and “China’s Challenge.”

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