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.

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