Name: Five in Ten 7/5/22: US Economy in Recession
Uploaded: 2022-07-05T15:00:00+00:00
Duration: 18 min 10 s
Description: The Atlanta Fed’s GDPnow measure, which tracks economic data in real time, shows a contraction in the second quarter of 2022 of 2.1%. Following the first quarter’s 1.6% drop, this meets the technical

1 year ago

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The Atlanta Fed’s GDPnow measure, which tracks economic data in real time, shows a contraction in the second quarter of 2022 of 2.1%. Following the first quarter’s 1.6% drop, this meets the technical definition of a recession.

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