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Coffee Talk

Are we in a recession? Your cheat sheet!

The most important data point on the economy is one that's hardest to measure!

Published on

jul 28, 2022

  • The most important data point on the economy is one that’s hardest to measure!
  • Remember all economic data is reflecting the PAST … how you feel NOW determines how you shop, invest, behave! And YOU matter to the U.S. economy.
  • Do you think we’re in a recession?
  • “We don’t think we’re in a recession just yet. But the bigger point here is that the underlying trend in domestic demand is weakening.”
  • Senior economist at Bank of America, Aditya Bhave, on new GDP numbers that show the U.S. economy contracting.

Learn more here: Negative GDP Reading (SmartHERNews)

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