According to many of Biden's economic advisers, it is. For example: "Of course economists have a technical definition of recession, which is two consecutive qu

According to many of Biden's economic advisers, it is. For example: "Of course economists have a technical definition of recession, which is two consecutive quarters of negative growth." -- The head of Biden's National Economic Council, in a past life, apparently. You can find many other examples in the past of his advisors defining a recession as two quarters of negative GDP. And you can find many examples in the past of the press defining a recession as two quarters of negative growth. "two negative quarters in a row is a standard indicator for an economic recession." -- Washington Post, fact checking Donald Trump What has changed?