Why is the news media and government lying about the economy? Yes two consecutive quarters of negative GDP growth.

[Parker99]

Why is the news media and government lying about the economy? Yes two consecutive quarters of negative GDP growth.

Why is the government not calling a recession now?

 

[John09]

Why is the news media and government lying about the economy? Yes two consecutive quarters of negative GDP growth.

Why is the government not calling a recession now?

A link you can post to back up your claim and prevent mods locking the thread?

 

[Parker99]

A link you can post to back up your claim and prevent mods locking the thread?

Here https://www.npr.org/2022/07/28/1113649843/gdp-2q-economy-2022-recession-two-quarters

U.S. economy just had a 2nd quarter of negative growth. Is it in a recession?​

https://www.npr.org/2022/07/28/1113649843/gdp-2q-economy-2022-recession-two-quarters

The U.S. economy shrank in the last three months by 0.9%.

This is the second consecutive quarter where the economy has contracted. In the first quarter, GDP, or gross domestic product, decreased at an annual rate of 1.6%.

While two consecutive quarters of negative growth is often considered a recession, it's not an official definition. A nonprofit, non-partisan organization called the National Bureau of Economic Research determines when the U.S. economy is in a recession. An NBER committee made up of eight economists makes that determination and many factors go into that calculation.

 

[John09]

Here https://www.npr.org/2022/07/28/1113649843/gdp-2q-economy-2022-recession-two-quarters

U.S. economy just had a 2nd quarter of negative growth. Is it in a recession?​

Pssst.

 

[Meathead]

Why is the news media and government lying about the economy? Yes two consecutive quarters of negative GDP growth.

Why is the government not calling a recession now?

You know how supportive of Trump MSM is.

 

[John09]

Here https://www.npr.org/2022/07/28/1113649843/gdp-2q-economy-2022-recession-two-quarters

U.S. economy just had a 2nd quarter of negative growth. Is it in a recession?​

Pssst.

 

[Parker99]

A link you can post to back up your claim and prevent mods locking the thread?

I think they waiting to see if the third quarters is negative and then call it.

 

[John09]

I think they waiting to see if the third quarters is negative and then call it.

You're citing a link from 2022.

Again

 

[Meathead]

Here https://www.npr.org/2022/07/28/1113649843/gdp-2q-economy-2022-recession-two-quarters

U.S. economy just had a 2nd quarter of negative growth. Is it in a recession?​

https://www.npr.org/2022/07/28/1113649843/gdp-2q-economy-2022-recession-two-quarters

The U.S. economy shrank in the last three months by 0.9%.

July of 2022. Biden?

 

[Parker99]

Are We Having a Recession or Not? Experts Weigh In With the Indicators​

For a recession to happen, there must be at least two quarters of negative GDP growth.

https://money.usnews.com/money/personal-finance/family-finance/articles/are-we-having-a-recession-or-not-experts-weigh-in-with-the-indicators

May 13, 2025

This is much newer article from May 13, 2025

 

[John09]

Are We Having a Recession or Not? Experts Weigh In With the Indicators​

For a recession to happen, there must be at least two quarters of negative GDP growth.

https://money.usnews.com/money/personal-finance/family-finance/articles/are-we-having-a-recession-or-not-experts-weigh-in-with-the-indicators

May 13, 2025

From your link:

“Technically, we are not yet in a recession as it requires at least two quarters of negative GDP growth,” says Usha Haley, a professor of international business and management at the Wichita State University Barton School of Business in Kansas.

GDP is an acronym for gross domestic product, which represents the total monetary value of all goods and services produced over a specific time period. So, if the U.S. economy shrinks for two consecutive quarters (six months), we’ve got a recession.

According to an estimate from the U.S. Bureau of Economic Analysis, the first quarter of 2025 involved negative 0.3% growth, which means it likely contracted. If another quarter goes by with negative growth, we might be in recession territory.

Emphasis added.

 

[Meathead]

Are We Having a Recession or Not? Experts Weigh In With the Indicators​

For a recession to happen, there must be at least two quarters of negative GDP growth.

https://money.usnews.com/money/personal-finance/family-finance/articles/are-we-having-a-recession-or-not-experts-weigh-in-with-the-indicators

May 13, 2025

This is much newer article from May 13, 2025

WTF are you babbling about? This is even stretching the limits of TDS.

 

[Parker99]

WTF are you babbling about? This is even stretching the limits of TDS.

It looks like they are waiting for two quarters of negative GDP before calling it a Recession.

 

[OKTexas]

THREAD CLOSED, LACKS REQIRED LINK/S TO SUPPORT CLAIMS OF FACT IN THE OP

When starting a new thread and declaring something as fact in your opening post, you must link to a source.