Maybe the U.S. Economy Isn’t Really Shrinking

Posted on the 29 August 2022 by Phil's Stock World @philstockworld

When the Commerce Department reported last month that U.S. economic output contracted for two consecutive quarters during the first half of the year, it raised fears the U.S. might be in recession, defined in a popular rule of thumb as two negative quarters of growth. New data sends a different ...

This post was originally published on this site