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Yes. In 1947. "And it’s rare for there to be two consecutive quarters of negative GDP without a recession. In fact, George Washington University professor Tara
by sseagull 4y ago
Yes. In 1947.
"And it’s rare for there to be two consecutive quarters of negative GDP without a recession. In fact, George Washington University professor Tara Sinclair said the only time on record appears to have been 1947."
From: https://www.washingtonpost.com/politics/2022/07/25/biden-administration-recession-pushback/ https://www.washingtonpost.com/politics/2022/07/25/biden-adm...