
Are We in a Recession?
Are we in a recession? A lot of people certainly think so. After a surprisingly accurate recession indicator went off weeks ago, more and more Americans have begun to believe that we’re already facing an economic downturn. The problem? We rarely know we’re in a recession until we’re out of one. So, how can we be sure we’re in a recession and not just seeing a boomerang effect from the hot post-pandemic economy?
For many Americans, it sure FEELS like a recession. Unemployment has gradually increased, the cost of living has risen significantly over the past few years, and men may be buying…
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