• The White House blog post cited in the Instagram post is not only accurate about what the official definition of a recession is, but it’s also citing the longstanding definition, not something the ...
The U.S. Commerce Department reported on July 28 that the nation’s gross domestic product (GDP) fell at an annual rate of 0.9% in the second quarter, marking two consecutive quarters of decline. GDP ...
White House economic officials are taking to the media to give the “technical” definition of a recession ahead of a potential second quarter of negative GDP growth. In a blog posted by the White House ...
Biden economic adviser suggests definition of recession, says key areas 'have not been flashing red'
The White House economic adviser, when grilled on concerns of a recession on Sunday, assured Americans that the answer to whether the Biden administration was doing everything possible to increase ...
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