Are We Experiencing a Recession or a Resetting?
Viaduct
APRIL 26, 2023
If correct, this will beat the 2001 recession as the softest recession in recent history since 1960.” Decreased consumer spending: As people become more uncertain about their financial situation, they may cut back on spending, which can further reduce economic activity. percent Quarter four 2022: +2.6 GDP to decline by 0.3
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