Recession? GDP shows 2nd consecutive quarter of negative growth

–U.S. Gross Domestic Product decreased by 0.9% in the second quarter of 2022, according to new data from Bureau of Economic Analysis, signaling the start of an economic recession in the U.S.. Economists have warned for months that a second consecutive quarter of negative GDP growth would officially signal the U.S. has entered a recession. “Question: Out of the past…