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US Recession Signals Remain Complicated
Posted
August 25, 2022
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August 25, 2022
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1:06Now PlayingTwo successive quarters of negative growth may meet the textbook definition of a recession, but the overall signal offers a tough read for markets. Today’s revised GDP data shows that while the US economy is indeed contracting, the rate of decline is much slower than initially thought. Pair that with increases in consumer activity and historically low unemployment, and the recession narrative looks complicated indeed. Presented by @cmegroup
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