The Recession

Econ

Super Active Member
Aug 18, 2019
1,551
Deep South
The Recession.

This can get complicated or convoluted so I will make it as simple as possible. There will be an economic recession declared soon. A recession is defined as two quarters of negative GDP growth. The 1st quarter has officially been declared -1.6% and the Fed's GDP Now is flashing a negative number for the second quarter. It's not official yet but this is where serious money starts being flashed on a bet.

We;ve heard from the FED, lets see what the BLS says.

The 2nd quarter ended 6-30-22. The first quart started 1-1-22.
 




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