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Data will soon reveal US 'met the technical definition of a recession,' investment expert predicts Kevin Mahn, president and chief investment officer of Hennion & Walsh Asset Management, notes ...
“I mean, if the technical definition is two quarters of contraction, you’re saying that’s not a recession,” he said. “That’s not the technical definition,” Yellen countered.
Media Media denial, hair-splitting on recession definition are 'totally missing the boat,' economic experts say Economists said the media is trying to 'play games' with recession coverage, thus ...
Their definition of a recession "involves a significant decline in economic activity that is spread across the economy and lasts more than a few months." "Our view is that the last six months have ...
As Secretary Yellen said on Sunday, two negative quarters of GDP growth is not the technical definition of recession. It's not the definition that economists have traditionally relied on.
Biden Team’s Take on ‘Technical Recession’: It’s Not Real President says ‘we’re not going to be in a recession’ Report could show US had two straight quarterly GDP declines ...
Using the narrow definition also shows the space economy is getting relatively smaller. From 2012 to 2021, the space sector’s inflation-adjusted gross output grew on average 3% a year, compared with 5 ...
BERLIN – The German economy shrank unexpectedly in the first three months of this year, marking the second quarter of contraction that is one definition of recession. Data released Thursday by ...
LONDON — The U.K. economy slipped into a technical recession in the final quarter of last year, initial figures showed Thursday. The Office for National Statistics said U.K. gross domestic ...
Germany economy shrinks in first quarter, signaling one definition of recession People walk past a store at the famous shopping road Kurfuerstendamm, better known as “Kudamm,” in Berlin ...