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75% chance the U.S. economy is headed for a recession: economist | Power & Politics
Posted
May 1, 2025
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May 1, 2025
124,046
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3:33
11:31Now PlayingNew numbers out Wednesday show the U.S. economy shrank by 0.3 per cent in the first quarter of this year — something that hasn’t happened since the height of the COVID-19 pandemic. Justin Wolfers, a public policy and economics professor at the University of Michigan, discusses whether this contraction is a sign of a U.S. recession, and what this could spell for Canada.
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