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ahem
Posted on: September 20, 2024 at 12:25:18 CT
haeffb MU
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While two consecutive quarters of negative growth is often considered a recession, it's not an official definition. A nonprofit, non-partisan organization called the National Bureau of Economic Research determines when the U.S. economy is in a recession. An NBER committee made up of eight economists makes that determination and many factors go into that calculation.
The NBER says the "traditional definition" of a recession is "a significant decline in economic activity that is spread across the economy and that lasts more than a few months."
Your article doesn’t show a recession occurred. The official GDP data shows GDP growth in all quarters of the Biden term to date.
No recession.
The NBER says the "traditional definition" of a recession is "a significant decline in economic activity that is spread across the economy and that lasts more than a few months."
Your article doesn’t show a recession occurred. The official GDP data shows GDP growth in all quarters of the Biden term to date.
No recession.
Please explain why this message is being reported.
MESSAGE THREAD
how does that compare to "democracy will come to an end..."(nm) - tigerinhogtown STL - 9/20 12:04:04
- ahem - haeffb MU - 9/20 12:25:18