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Are we in a recession?

Are we in a recession?

Don Wiggins | President of Business Valuation, Inc.

Are we in a recession? It depends on who you ask. However, the White House argues that even though GDP has fallen, America is not in recession due to too many areas of the economy performing “too well.” Many critics, such as Florida Governor Ron DeSantis, contend...

Are we in a recession? It depends on who you ask. However, the White House argues that even though GDP has fallen, America is not in recession due to too many areas of the economy performing “too well.” Many critics, such as Florida Governor Ron DeSantis, contend that, historically, two consecutive quarters of negative GDP growth indicate […]