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2 quarters of negative GDP growth is the textbook definition of a recession, and we have had 2
by phi-y 4y ago
2 quarters of negative GDP growth is the textbook definition of a recession, and we have had 2
- roflyear 4y agoThe forecast for this quarter is around 3% GDP growth (annualized) - how does that put us "in a recession" right now? Doesn't that mean the recession is over?
- codefreeordie 4y agoWell, if we have two quarters of positive GDP growth, that would signal an end of an ongoing recession.