Is the US in a Recession?

Last week, GDP numbers came in for Q2, and they…don’t look great. The U.S. economy unexpectedly shrank for a second quarter in a row this year, according to data released Thursday. GDP Flashes Recession Warning Sign, The US has now experienced negative GDP growth for 2 consecutive quarters, and that’s the commonly accepted definition of a recession. So…the US is now in a recession, right? Surprisingly, the answer is not so clear cut, and there’s plenty of disagreement about whether this is a “real” recession or not, with economists, financial analysts and (of course) politicians weighing in on both […]

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