Is there a recession? Only an under-the-radar group gets to decide

Is there a recession? Only an under-the-radar group gets to decide

(The Hill) – Commerce Department data this week found the U.S. economy shrank for the second quarter in a row, sparking a new debate about whether the nation is in a recession.  
Negative growth in two consecutive quarters fulfills a common definition for a recession — and it’s the official way of making such a call in some countries.  
But it’s not in the U.S., where a relatively under-the-radar…

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