Are we in a recession now?

Economic Insights by Nationwide · Jul 14, 2022 · 18m

As we enter the second half of the year, several economic indicators are disappointing. And we're likely to see a second consecutive quarter with a decline in GDP. Are we in a recession now…or are we likely to go into one in the near term? Nationwide's Chief Economist David Berson and Senior Economist Ben Ayers take a closer look at other economic indicators and provide their perspectives on the current health of our overall economy.