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2025 Recession Indicators Hit Fashion and Wall Street at Once
The runway might have hints about the stock market's next move.
And ahead of President Donald J. Trump's unveiling of the"Liberation Day" tariff plans on April 2, economic experts agreed that the taxes on foreign imports will contribute to a downturn, if not an all-out recession. I've seen the return of Chloé's Paddington bag, Alexander McQueen's skull print, and Prada's built-in necklace necklines labeled as "recession indicators" online by editors in my professional circles. The real recession indicators in fashion are reflected in trending searches for simple suiting, neutral colors, and conservatively long hemlines—categories that last peaked in the mid-2000s and tend to represent a world-weary, budget-conscious consumer.
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