Is the US economy in a recession?
According to the Harris poll, 56% of Americans believe the US is in a recession. Before moving ahead, let’s review the definition of recession, a period of falling GDP, with plummeting employment causing high unemployment rate and falling retail sales, usually accompanied with the stock market and purchasing power dropping.
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Listen to Economic Pulse Fridays at 5:44 PM during All Things Considered; Mondays at 7:30 AM during Morning Edition.
(Original air-date: 6/7/24)
