• Bloomberg
Updated: Aug 2, 2022, 16:22 IST
After two quarters of contracting gross domestic product in the US, a debate has raged across Wall Street and Washington about when the country will be in a recession — and whether we're already in one. Technically, the call is made by a panel of experts looking at monthly indicators of employment, consumer spending, personal income and manufacturing, among others. But with inflation at a four-decade high, many Americans already feel like the country is in a recession.

Why this story

Eight offbeat indicators that point to whether the US economy is in a recession or not
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