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The NBER officially calls U.S. recessions, and data from Bank of America shows why this group won't be in a rush to declare the U.S. economy in recession.
The Sahm Rule, developed by economist Claudia Sahm, says that the US economy has entered a recession if the three-month average of the national unemployment rate has risen 0.5% or more from the ...
“If you look at the recession that occurred after the dot-com bust in 2000, you did not have two quarters of negative GDP growth, but it was still classified as a recession,” Morris explained.
The much-anticipated recession of 2023 has yet to materialize. Some of the latest economic data point to more signs of strength than weakness. One strategist has a term for what that says about ...
Here's why tomorrow could be a big day. A last look for the Fed At 8:30 a.m. on Nov. 1, the U.S. Bureau of Labor Statistics will release October data for U.S. nonfarm payrolls, or the "jobs report."
To avoid a recession, the U.S. economy will need to hope two bills currently being debated in Congress—a proposed tax cut and military aid for Ukraine and Israel—get passed, says Piper Sandler ...
Families are more likely to feel like the economy is in a recession. Two-thirds of parents with children younger than 18 (66%) feel the economy is in a recession, versus 54% of adults with no ...
Recession calls are growing by the day, but the stock market remains wary of fully pricing in this scenario for the economy.. Despite enduring the worst start to a year since 1970, the benchmark S ...