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Official or Unofficial Recession? – by Erich & Matt Patten
On Money & More – July 2022
After first quarter US Gross Domestic Product shrank 1.5%, and with second quarter GDP trending toward 0%, recession concerns are appropriately on investors’ minds. A recession is typically defined as “two quarters of negative growth,” and whether or not the US officially meets these numbers—unofficially, things sure feel that […]