United States in a recession ? Yes. No. Maybe
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What is Recession? a significant decline in economic activity...
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...that is spread across the economy and that lasts more than a few months.
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The United States Economy may look like it is in recession,
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United States Second quarter GDP decline of 0.9% second consecutive quarter.
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But still don’t know for sure until The National Bureau of Economic Reasearch says so.
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In fact, NBER always declared a recession when GDP has fallen straight two quarters since 1948.
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The National Bureau of Economic Reasearch, is generally thought to use six factors and decided GDP.
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