Tag: U.S. inflation

Is A Recession About To Occur Or Already Here?

| July 12, 2022
Is A Recession About To Occur Or Already Here?

Traditionally, the technical term “recession” is defined as two consecutive quarters of declining GDP alongside monthly economic data like growing unemployment. The average consumer may see that definition as irrelevant, as it looks like a recession may already be here. For them, the National Bureau of Economic Research, which is tasked with declaring when a […]

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