That matches the most recent GDP estimate and shows the economy was in contraction for the entire first half of the year as businesses readjusted to pandemic-era supply chain disruptions.
The latest scorecard on the economy may reignite the debate as to whether the United States has been in a recession, commonly defined as two consecutive quarters of negative growth. However, the official arbiter is a panel of National Bureau of Economic Research economists, who take an array of economic indicators into consideration and can revise the data many years later. This story is developing and will be updated.
Bobulinski ?
Lets go Brandon, and the shrill VP.
Do the power companies focus only on affluence? I live in a RV resort in Arcadia, Florida (Big Tree Resort) where appx 800 ppl (many 70+) are forced to live without power and water. Why hasn’t CNN come to the less affluent areas for news? Our lives matter. We need help too!!
This is worrying news, especially when paired with inflation. If it contracts for a third straight quarter, the economy is officially in recession. Recession might be inevitable as it might be the only way to slow demand and decrease prices. EconUMD LuiggiDonayre econ_ta
You mean a recession?
The DOW was at 31,188 at the close on Jan 20, 2021 when Biden took office. The Dow opened today 9/30/22 at 29,104. Gas prices have been shooting BACK up again, and interest rates on loans are going way up.
Bidenflation BidenRecession
people get it wrong, the issue here is nor GDP but GDI or how the production in its different incomes is distributed: salaries, rentals, interests, taxes, profits, etc where clearly workers are bearing the worst part and will not improve in the short time
Two quarters of negative growth isn’t transitory.
THIS IS WHAT HAPPEN WHEN YOU PRINT SOO MUCH MONEY AND IT WAS 90% GIVEN TO DEMOCRATIC PARTY KICK BACKS PROGRAM.
hughhewitt Also known as a recession
aliciawallace It’s a fucking recession, plain and simple.
Timsgear Bidenflation
hughhewitt R E C E S S I O N
... RECESSION
Depression.
Recession...at least by normal standards.
hughhewitt CNN that is by definition a recession. whitehouse SecYellen have brought us Carter II, but worst
hughhewitt How will KJP spin this I'm sure it's top of mind.
The media have been obediently avoiding the r-word since 1Q's negative numbers appeared in April. Last week Fox Business transgressed by mentioning a 'looming' recession.
RECESSION! YOU CAN'T HIDE IT ANYMORE 😏
hughhewitt Your wrong, Ol Joe says we’re growing! Come on Man!
Now we're going to start hearing all about how it's actually good to be in a recession.
Screw republicans
It's called a recession! Say it with me Re Cess Ion! Now that was easy wasn't it
That's called a recession.
Biden’s recession
Wrong. Shows already in recession.
There may be a word for that. Look it up.
Communist News Network
Biden built that. FJB
tomntempe We are in a recession CNN please report the truth.
cnn eats 🐴 a$$
What do the Democrats Gain by Destroying the US? It will backfire on them at some point. Just like audits, matter of time and things are revealed.
AKNewsNow: The economy shrank in the first half of this year, the government confirmed in a report Thursday, underscoring fears of a broad-based slowdown that could lead to a recession.
Which is called....? C'mon... you can say it. Rhymes with 'depression' and 'regression'. Let's sound it out... RHEE-SES-SHUN. Now put it together like a big boy... Recession
And solidifying the irrefutable fact that we are in a Biden recession.
Define recession - Biden
Biden's devastating recession could have been avoided by not voting democrat
If there was a word oh what is that word? Oh yeah RECESSION.
Recession go ahead say it.
AKA, a recession.
Recession is not that hard to say……try it.
Recession it is. You can say it
Recession, or not?
That's a RECESSION to you and me Rusty.
We change the rules so it’s not technically a recession. Fixed it for you
Democrats are like virus for economic growth of USA
It’s called a recession. Soon, it will be a depression the likes of which you’ve never seen as socialism leads straight to poverty for all.
If you guys weren't working so hard to protect team D you'd call it a recession
'Unexpectedly'
So still a recession
If you don't want to call it 'recession,' how about 'shrinkage?'
There's a definition for that. What was it again..
RECESSION Next, Joey and his band of loonies drives us into a depression.
Nice job TheDemocrats … You really couldn’t have screwed things up more if you tried. The AmericaLast party!
That's called a recession, yes.
So Recession... Don't be shy now...
There might be a word for that not sure tho
Since the GDP data shows two straight quarters or contraction, does this mean our economy is getting weaker? And that the US is more likely to be considered in a recession in the near future? LuiggiDonayre econ_ta EconUMD
Hmmm. Something something rhymes with recession… 🤔
Who are you and what have you done to CNN? This is the truth and I’m really not used to reading a truthful CNN article.
Thanks for nothing
But not a recession!!!
Hard to believe the public has lost faith in your objectivity.
RECESSION!!!! Thank you BIDEN AND His FAILED POLICIES!
Let’s be honest here…if the UltraMAGAgop would have gotten all their vaccinations and triple boosters, we wouldn’t have record high inflation, that is leading us into super-hyper climate change, that is directly causing Putins price hikes to lead us into a soft recession.
The economy is about to give birth.
Omg..... IT'S CALLED A RECESSION
MaxNordau Recession recession recession recession recession recession recession recession recession recession recession recession recession recession recession recession recession recession recession recession recession recession recession recession
So, a recession?
C'mon cnn, you can say it....You know you want to...
Biden recovery
Republicans right now
Recession: a period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in two successive quarters Here we go.
Everybody knew it was a recession in July. Except those lying dopes in the White House
Is it hard for your network to finally admit that the US is in a recession?
This is only a recession if a Republican is president.
Which means... the Potato in the White House put us into a recession.
What is Recession
So.... a recession
😂😂😂
Media quiz: If the economy shrinks two straight quarters, do I A. Report the country is in a recession B. Redefine the word recession
Cue the 'not a recession' sycophants!
Which is the definition of...?
JeremyTenre Say it: R E C E S S I O N
Bill Clinton says ‘there is a limit’ to how many migrants US can take without causing ‘disruption’
Which is called a recession.
Why will you not use the word 'recession'?
the biden plan
MaxNordau Recession
Next they’ll redefine what it means to be productive
RECESSION!!! SAY IT! RECESSION!!!! Come on you can do it CNN.
We are basically in a recession, albeit a weird one.
We already know
That’s called a recession recession BidenRecession predepression
New definition of Recession incoming
Recession. The word is recession.
Oh it 'SHRANK' did it? LOL... HahahahHahAhahah. ... its just 'contraction' not a F'n recession. CNN is Trash through and through.
You could have saved 10 words on your headline by saying “recession”. In before the definition is changed.
That is the definition of a recession, btw.
So a recession.
Are you building back better yet Joe?
There is a word for this.
RecoverRepub
There’s a name for this: Bidenrecession
If only we had a word for that ...
Just say what it is It's a Recession... There is no denying it anymore. Soon the recession will become a depression and everyone will finally see that they have been being lied to from the beginning. They'll realize orange man naughty wasn't so bad after all.
Where have you guys been? We've been in recession for months. CNN Failing
Say it. Say Recession.
Recession..
so.... a recession?
MCCCANM But is the economy vaccinated? Or else it may not survive the hurricane!!!!!
Will they admit we’re in a recession now? Or will the mind fking by state media continue?
It's called a R...E...C...E...S...S...I...O...N.
RECESSION say it!
Hurry, change the definition!
I’m surprised of the source
Recession
Rhymes with “Smushession”?
If only there were a term for this. ItsARecession
So a recession?
That is a recession technical or not
Quick! Somwone edit the Wikipedia page!
Used to be we called this a recession.
What was that called before the Biden administration? Swear there was a name for it. 🤔 Bidenflation BidenRecession Midterms2022
You know what they call that? Let’s think. Hmm… Could it be “recession” - or did WhiteHouse change the definition - like they did with “vaccine”.
Follow up story, 'Why the economy shrinking is a positive for working families.'
So... a recession?
R E C E S S I O N
StoicSkeptical That is a recession
AKA a recession.
So... a recession. Gotcha
Say it. Say the word.
Recession! Recession! Recession!
Ah, JoeBiden, aka the 401K killer, strikes again! ThanksBiden!
But don't call it a recession! GTFOH and LetsGoBrandon!
You mean a “recession”?
MaxNordau Is there a definition for two straight quarters of contraction?
Still not a recession though until a Republican is president again. That’s just economics
1 negative Q + 1 negative Q -- back to back = what exactly?
Yes, well all understand what a recession is.
CNN is complicit as the 1 provider of misinformation to the 🌎.
We repeat, this is not a recession
If only there was a term for this...
Lol. Recession. 🤡. Thanks Brandon.
So can we call it a recession yet?
RECESSION
in 2020 GDP dropped 6%, vs 0.6% - I think there's a difference
*we are in a recession Fixed it for you.
Sounds pretty recessiony
Bit but we pass inflation reduction bill
So a RECESSION 😳😳😳
Recession…
Sounds very recessiony to me.
It's ok CNN, we all know you're a clown network, but you can say it. It starts with an 'R'..follow me....RECESSION!
You can go ahead and say it. The markets are screaming it out loud for all to hear.
That is a recession.
-13 Brave Service Members lost their lives due to the botched withdrawal from Afghanistan -2 Embassies Lost -Highest Inflation in 40 years - Record High Gas Prices - Record High Illegal Border crossing, fentanyl transportation leading to record deaths…
Is there a word for that? 🤡🤡🤡
Is there a term for that?
Say it with me: RECESSION. We’ll be lucky to avoid a depression. Willful economic sabotage.
R E C E S S I O N. Thanks Joe...
And that would be called….. go on. You can say it.
It only shrank an inch.
If only there was term for this
Say the word CNN!!! Has the media learned nothing from last 7 years? R-e-c-e-s-s-i-o-n!
When it happens under an R president, CNN will give it the old name: recession.
R…E…C…E…S…S…I…O…N 🤬
MaxNordau Which is called a ____. Come on you know this one!!!
Two straight quarters of shrinking economy, if only there were an excepted name we’ve used for decades for such an occurrence.
It's a recession. No wonder your new owner wants to change everything about you.
It’s called a recession how will Biden spin this 1
Attitude plays a big part of how you perceive the state of affairs.
Thanks to Joe 'America Last' Biden
Say it with me, Re-ces-sion, Recession. See was that so hard?
That’s called a recession. Use the words.
RECESSION
So Biden took us into recession…
sixthgentexan What's the word for when this exact thing happens?
Seems recession-y
If somethings bad. Change the definition to make yourself sound good. Easy.
solidifying two straight quarters of negative GDP which shows truly and deeply we are in a recession LiberalismIsAMentalDisorder
Recession
boycottCNN
Line goes down
Strongest economy ever, right? Y'all are clowns.
GrowthRecession
A recession, unless you are a Democrat.
In other words, a recession.
thefactualprep Thank God they changed the definition of recession!
...yup..Biden, Yellen, Powell...all making it worse
Recession Feel free to use the word
And we call that a what?
There used to be a word for this. 🤔
That’s called a recession.
MaxNordau Translation: We are in a recession, something sane people have known for months.
You mean “recession.”
MaxNordau WhiteHouse POTUS CNN AND REST OF MSM said this isn't a bad thing, it's not even a recession bc some experts said it wasn't.....SMFH why the change in narrative?
What’s the word your looking for? It starts with recess and ends in ion. Right? 🤡 clowns
So, A Recession?
Say it, say the word, you know what it is, you just described it. Say it.
MaxNordau Isn't that a RECESSION?
Changing definitions to gaslight
Sure hope people are still happy about voting for this ignorant, inept cadaver in the White House. Every metric was better under Trump but the left tries to tell us not to believe our eyes.
Is it ok to call it a recession now?!
So will you call it by its proper pronoun….Recession?
ok MSM: Give me an R; give me an E; give me a CESSION. WHAT DOES IT SPELL
Come on CNN call it wat it is! Recession
You misspelled 'Recession'.
There's a word for this.
So…a recession…you can say it.
It's OK, you can say it... recession, wel all know it's a recession.
Thanks Uncle Joe
Recession
RECESSION is the word your looking for CNN
No mean tweets tho...
We'll get to call it a recession after the mid-terms.
Translation: We're in a recession!
Uh, there's a word for that (which CNN apparently refuses to utter):
MaxNordau R E C E S S I O N
We will call it rxx if GOP is in power
I keep forgetting what’s the word that describes such scenario. Can someone please help me?
MaxNordau So, recession
What's the word for this phenomenon? Come on.... you can say it!
So a recession?
Boys and Girls, that's what we have always called a recession. That is until we had a Democrat in the White House and the media abdicated its duty and started carrying the water and spouting propaganda of the Democrat Party
Now will you call it a recession. Or do norms no longer matter
Also known as “a recession.”
Recession. Will you admit it now? STOP VOTING DEMOCRAT!!!!!!!
So, you're saying the US is in a recession.
I know why And you know why
Is this a recession, lol?
It's not a recession if a demented ped is POTUS
Which means…? Come on, you’re so close!
MaxNordau
There’s a name for this right?
So it a recession. When will start calling out the Biden administration and DemocRats for their reckless policies and spending?
MaxNordau If...if only we had a name for this...
But still not a recession?
RECESSION.. SAY IT
Here's rolling for three...
I’ll take “Things that use be called a recession” for $1000!
Recession
RECESSION. Say the word, even if your Leftist political masters in the White House will squeal.
It's ok, you can say it. Re-ces-sion.
MaxNordau That would be a recession, right!?!
So a recession
So when the GOP retakes both chambers of Congress and the report shows up for Q3 and Q4 for a whole year of GDP shrinkage, that's when it's a recession
a/k/a RECESSION
And we call that a...?
Strongest economic recovery in history Jack. There is no other way to describe this.
MaxNordau Recession
If you don’t want to call this a recession then you’re the bad guys in 1984.
The word you're looking for is = RECESSION. You're welcome.
Recession
Would it be a recession if a republican was in the White House?
So recession, or are we still 're-imagining' the R word 🤣🤣🤣
CNN owned by DNC?
What’s that called again?
So we are in a recession. Thanks Dems. 🖕 🌮✊
If Trump were the president they call it what it is, a recession. But the media and the Democrats are in bed together they play word games like this.
MaxNordau = a Recession.
It’s called Recession Stop twisting yourselves into knots to protect the current President and start doing your god damned job.
Has the GOP read the latest unemployment stats, it appears that one set of data indicated one thing while the other the opposite - wonder who’s Data is Based on LIES.
Say 'Recession' you nuspeak merchants.
Joey Recession!!!
MaxNordau Stealing elections has consequences
However, there isn't a recession because a Democrat is the president.
MaxNordau Wonder how President Gaslight will remind us that we’re not in a recession still 🤡🤡
And it’s called a recession …
WHAT’S IT CALLED? WHAT’S IT CALLED? RECESSION? RECESSION? RECESSION ? RECESSION ? RECESSION ?
And that means? Why won’t you say it?
Don't say it.. Don't say it.. Don't say it.. Re....cess....ion
MaxNordau A recession? Or are you guys still busy redefining that word?
There’s actually a word for that.
RECESSION
just pretend trump is president and you can call this what it actually is, a recession.
Otherwise Known as a recession
Twisted how cnn lends itself to propaganda techniques
If only we had a word for this type of thing…. You know, one word that covers two consecutive quarters of the economy shrinking or contracting. Like recession, for example.
So um...recession.
Just days away from the 3rd. You could clean up a lot of wasted filler in your headline if you used the proper term for such a thing, a recession.
It’s called a recession
guypbenson It's called RECESSION. CALL IT WHAT IT IS SKIPPY- RECESSION.
...and yet, unemployment is almost non-existent, and wages have matched inflation, in most cases. Gas prices are the lowest in the free world. Supply chains are adjusting, and the nation's infrastructure is being rebuilt, after decades of neglect. Maybe things aren't so bad.
This whole TL is filled with Americans jizzing because they get to call the tiny gdp shrinkage a recession. Same people who were unaware Trumps admin announced we'd entered a recession one month before pandemic hit. Same people who dismissed his denial of covid as 'cheerleading.'
PattyMurray was this part of your plan you voted for it. SmileyForWA discussion topic. Maybe run an ad.
The water must be cold
Don't say the R-word
So we are in a recession
Mahsa_Amini OpIran
Yet somehow, this isn't a 'recession.'
guypbenson Not a recession, though, because a Democrat is president.
Biden is still looking for Jackie to get her opinion on if we are in a recession or not
With democrats in full control the only direction the economy will go is down, down and down.
people in Iran are fighting for their human rights. be their voice, they need support 💔مهسا_امینی مهسا_امینی Mahsa_Amini oplran
I love how you're so desperate to not say the obvious, especially before an election.
Rhymes with 'procession'.
What a vibe man
According to POTUS and PressSec we still can’t say we are in a recession.
I just wish there was a single word that we could use to quantify what this is. Something that the everyday citizen could hear and understand the situation.
Sounds like a recession.
Recession. The word you’re looking for is recession.
It's a recession. Say recession you statist scumbag media.
recession
Yeah, that's a recession.
BidenRecession
If only there were a word for this…
Also known as a recession
If only there were a word to describe such a thing 🤔
We are in recession and its only going to get worse so long as Democrats are in power.
GDP is a good indication of the wealth and growth of the overall economy. Due to the struggling economy dealing with raising rates and high inflation GDP has had two consecutive quarters of contraction. EconUMD econ_ta LuiggiDonayre
Recession. Say it. SAY IT!
A synonym for contraction is recession. Just thought I'd remind you.
Your almost there
get blocked right wing nazi news
So the recession is a recession?
'contraction'
If only there was a name for this phenomenon
Don't want to say Recession with nearly less than a month to go before people vote D or R?
This is the strangest recession ever considering everyone is hiring….
I believe the word you’re looking for is recession…
yeah thats called RECESSION chuckles.
What is this economic contraction in two straight quarters called? Seems like I remember there used to be a name for it. 😏
What was/is that called again?
Are we allowed to call that a recession now?
Why is cnn constantly covering for this administration? You’ve become a propaganda machine for them, this is not journalism. No wonder your ratings and credibility are in the toilet. BidenRecession
It’s a recession… this crap is ridiculous
Recession!
It's called a recession
Great
United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: dcexaminer - 🏆 6. / 94 Read more »