[Tell It Right]

Technically it can be hard to have a recession as defined by GDP not growing for 6 months. But that’s because about 1/3rd of GDP is calculated from gubment spending. As long as gubment spending keeps increasing, GDP keeps going up even if everybody is in soup lines.

[gibsonguy]

Sounds right so rats and the AD’s have rigged it.

[gibsonguy]

Sounds right so rats and the AD’s have rigged it.

[MtnClimber]

CNBC Apr 28, 2022Gross domestic product in the U.S. declined at a 1.4% pace in the first quarter, below analyst expectations of a 1% gain.

The first quarter 2022 was negative. If the second quarter reports at the end of August are negative we will be in OFFICIAL recession territory.

[Paladin2]

Inflation causes the GDP to rise.

I don’t think they deflate the GDP numbers for inflation, so they won’t find a recessions that is actually occurring through that relatively simple measure.