To: carriage_hill
So are we in a recession or not?
3 posted on
04/28/2022 9:22:10 AM PDT by
frogjerk
(I will not do business with fascists)
To: frogjerk
Ask me: no. Ask my neighbors: yes.
5 posted on
04/28/2022 9:23:32 AM PDT by
Carriage Hill
(A society grows great when old men plant trees, in whose shade they know they will never sit.)
To: frogjerk
8 posted on
04/28/2022 9:24:54 AM PDT by
Magnum44
(...against all enemies, foreign and domestic...)
To: frogjerk
I think there is a rule. Like 2 quarters back to back
12 posted on
04/28/2022 9:28:12 AM PDT by
ecomcon
To: frogjerk
It takes two consecutive quarters.
16 posted on
04/28/2022 9:47:43 AM PDT by
EEGator
To: frogjerk
Not yet. It takes 2 consecutive quarters of negative growth.
To: frogjerk
I believe the arbitrary “rule” is two consecutive quarters of contraction, to rule out outliers.
24 posted on
04/28/2022 10:08:50 AM PDT by
fwdude
(Every time I see someone voluntarily masked in public, I know I'm looking at a vaccinated person.)
To: frogjerk
>>So are we in a recession or not?<<
My understanding is 3 quarters of negative growth constitutes a recession. Could be wrong, seems thats what I read many moons ago.
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