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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.
Typically, a recession is defined by a decline in economic activity that lasts more than a few months, the NBER says. But the U.S. economy is still chugging along, with second-quarter GDP growing ...
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 ...
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 ...
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 ...
Today's newsletter is by Jared Blikre, a reporter focused on the markets on Yahoo Finance. Follow him on Twitter @SPYJared . Read this and more market news on the go with the Yahoo Finance App .
The dynamic captures the confusing state of the U.S. economy, as the Federal Reserve aggressively fights inflation with interest rate hikes that aim to slash prices by slowing demand and risking a ...
Survey: Despite a resilient economy, experts still see a near 1-in-2 chance of a recession. Sarah Foster. January 3, 2024 at 12:10 AM. ... Today, that figure is around 4.1 percent, more than 2 ...