Is the U.S. in a recession? It’s not black and white these days
Written by Black Hot Fire Network on September 13, 2022
Confused about whether the U.S. is in a recession? One should be.
The United States’ National Bureau of Economic Research (NBER) has not declared that there is a recession officially even though the old definition most economists use - which is two quarters of contracting GDP growth - indicates the U.S. is in one as of the second quarter.