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Technical Recession Confirmed: Economy Shrank 0.6% Last Quarter, Final GDP Shows

Por: Forbes Business September 29, 2022

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Topline The U.S. economy shrank for a second quarter in a row this year, a third and final estimate from the Bureau of Economic Analysis confirmed Thursday—once again signaling the start of a technical recession even as economists predict signs of a slowdown will only grow in the coming quarters, likely prompting the government to officially declare the economy has entered a recession. “It doesn’t make sense that the economy would be in... + full article



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