The U.S. Commerce Department reported on July 28 that the nation’s gross domestic product (GDP) fell at an annual rate of 0.9% in the second quarter, marking two consecutive quarters of decline. GDP ...
White House economic officials are taking to the media to give the “technical” definition of a recession ahead of a potential second quarter of negative GDP growth. In a blog posted by the White House ...
Biden economic adviser suggests definition of recession, says key areas 'have not been flashing red'
The White House economic adviser, when grilled on concerns of a recession on Sunday, assured Americans that the answer to whether the Biden administration was doing everything possible to increase ...
Canada's economy has weakened as a result of Donald Trump's tariffs. But sweeping exemptions for most Canadian exports has meant the economy has performed better than many feared. This week, new GDP ...
"When I use a word," Humpty Dumpty said in rather a scornful tone, "it means just what I choose it to mean—neither more nor less." "The question is," said Alice, "whether you can make words mean so ...
US President Donald Trump appeared on Tuesday to misunderstand the definition of a recession, suggesting that the US economy could fall into one for "two months." "I am doing this, whether it's good ...
Media outlets that are engaged in semantics over whether the U.S. is in a recession are "missing the boat" and hurting their own credibility, economic experts tell Fox News Digital. The Washington ...
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