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re: US officially enters recession - GDP contracted by 0.9% in Q2.

Posted on 7/28/22 at 11:05 am to
Posted by dewster
Chicago
Member since Aug 2006
25419 posts
Posted on 7/28/22 at 11:05 am to
quote:

A reduced growth rate =! economic contraction.



We aren't just seeing a reduced growth rate though. We've seen two consecutive quarters of actual GDP contraction.
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