With GDP Down, a Recession May Be Nigh… or Already Here
July 29, 2022 at 09:16 AM EDT
With gross domestic product falling for the second consecutive quarter, many investors are fearing that a recession is either inevitable or already upon the U.S. economy. The Commerce Department said on Thursday that GDP (adjusted for inflation) fell by 0.2% in the second quarter, the equivalent of an 0.9% annual rate of decline. This follows [...] The post With GDP Down, a Recession May Be Nigh… or Already Here appeared first on ETF Trends .
