When it comes to measuring the strength of the economy, one of the most important metrics to watch is the gross domestic product, or GDP. This week, the Commerce Department announced the U.S. had ...
For the first time since 2009, the U.S. gross domestic product was negative for two quarters in a row. After dropping 1.6% during the first quarter of 2022, the GDP fell another 0.9% in the second ...
Mary Hall is a editor for Investopedia's Advisor Insights, in addition to being the editor of several books and doctoral papers. Mary received her bachelor's in English from Kent State University with ...
The Washington Post, CNN, The New York Times and others embraced the White House definition of a recession on Thursday after GDP numbers showed consecutive quarters of negative growth as the U.S.
With the Biden administration facing the prospect of a second consecutive quarter of negative economic growth, top officials in media appearances have started rejecting that as the traditional ...
Twelve years ago today my ENT called saying a pathologist confirmed I had a squamous cell carcinoma. Days later my oncologist gave me a 45% chance of surviving five years. And yet I am still here, ...
The White House recently laid out why two quarters of negative growth doesn't always signal a recession. Yet a growing number of voices has accused the administration of changing the definition of a ...
Wikipedia has frozen edits to its page for "recession," halting a frenzy of changes to the entry after the Biden administration insisted that the U.S. economy has not entered a economic downturn. New ...