
Phyrex|Mar 29, 2025 19:41
The nominal recession in the United States refers to two consecutive quarters of GDP decline and a significant increase in unemployment rate. If we use this standard, the US would have announced a nominal recession at least until the fourth quarter, which is after two consecutive quarters of GDP are announced. However, the actual recession is hard to say. If there were no black swan, it could have resisted for a while. If there were, it would have been the last decline.
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