3 ms·
> Are you saying it feels like a recession or that we have already had two quarters of declining GDP? US GDP dropped 1.4% in the first quarter, so it's entirel
by jbay808 4y ago
> Are you saying it feels like a recession or that we have already had two quarters of declining GDP?
US GDP dropped 1.4% in the first quarter, so it's entirely possible that a recession has already started. If GDP declines again in the next quarter, then at that point it will (retroactively) be confirmed that there is presently a recession.