Name: Recession Ahead? "1.4%" Contraction in 1st Quarter
Uploaded: 2022-04-28T14:22:44+00:00
Duration: 5 min 33 s
Description: I think I said the economy contracted by 1.3%, but the official number is 1.4%. Textbook definition of a "recession" is 2 consecutive quarters of contraction. Do you think this is a sign of things to

3 years ago

I think I said the economy contracted by 1.3%, but the official number is 1.4%. Textbook definition of a "recession" is 2 consecutive quarters of contraction. Do you think this is a sign of things to come?

Do you think the cause of this contraction is just due to supply chain bottlenecks?

What are you doing to help protect your own family's economy?

Articles:
MSN:
https://www.msn.com/en-us/finance/markets/us-economy-shrinks-14-percent-in-first-three-months-of-the-year-raising-fears-of-recession/ar-AAWGPU0

Business Insider:
https://www.businessinsider.com/recession-inflation-fears-peaked-us-economy-stock-market-good-news-2022-4

Let me know your thoughts on this economic news in the comments

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