
Wednesday May 04, 2022
U.S GDP Drops -1.4% | Are we Headed Towards a Recession?
On Thursday April 29th, the Commerce Department reported that America’s first quarter GDP growth came in at -1.4%, below economists’ expectations of a positive +1.0%. This is the first negative print quarter since the Covid induced flash recession in the 2nd quarter of 2020. Click here to read transcription.