Are We Truly In A Recession? | Forbes


The first estimate of Q2 GDP in the United States announced in July indicated a 0.9% decline. Combined with the Q1 report, that means the first half of 2022 has seen negative growth, even if the second quarter was a slight improvement on the first. There’s a good chance we’re in a recession, but there’s three criteria that need to be met before it can be officially called one.

Read the full story on Forbes: https://www.forbes.com/sites/simonmoore/2022/07/28/us-sees-6-months-of-economic-decline-so-what-is-the-definition-of-a-recession/?sh=2972ed1717f0

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