Is the U.S. Entering a Recession? Here’s Why It’s Hard to Say. - The New York Times

The U.S. may register a second straight quarter of economic contraction, one benchmark of a recession. But that won’t be the last word.

Consumer spending, for example, grew at a solid 1.8 percent annual rate in the first quarter, adjusted for inflation, and most forecasters believe it grew in the second quarter, too, albeit more slow… [+1911 chars]

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