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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.
Read on to learn why there’s a disconnect between economic data and consumer sentiment. The current state of the economy As of this writing, the U.S. economy is not in a recession.
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 ...
BNP Paribas Asset Management Chief Market Strategist Daniel Morris joined Yahoo Finance Live to discuss the state of the U.S. economy, the probability of a recession, and the resignation of UK ...
The COVID-19 recession was a global economic recession caused by COVID-19 lockdowns. The recession began in most countries in February 2020. After a year of global economic slowdown that saw stagnation of economic growth and consumer activity, the COVID-19 lockdowns and other precautions taken in early 2020 drove the global economy into crisis.
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 ...
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 ...
Here's what to watch in the markets on Monday, March 24, 2022.