Connect with us

Hi, what are you looking for?

Economy

Treasury Sec Yellen: US Economy Isn’t Necessarily Headed For A Recession, Might Not Meet ‘The Technical Definition’

Many economists generally define a recession as two consecutive quarters of negative GDP growth

Federalreserve, Public domain, via Wikimedia Commons

By John Rigolizzo

DailyWire.com

Treasury Secretary Janet Yellen said Sunday that the U.S. economy is not necessarily headed for a recession even if the gross domestic product experiences two consecutive quarters of decline.

Appearing on NBC’s “Meet the Press,” Yellen acknowledged that many economists generally define a recession as two consecutive quarters of negative GDP growth but emphasized, “That is not the technical definition.”

Click the link below to read the rest of this story

https://www.dailywire.com/news/treasury-sec-yellen-us-economy-isnt-necessarily-headed-for-a-recession-might-not-meet-the-technical-definition

Click here to get more news from the Bulldog

On the go, but don’t want to miss any Bulldog news? Go to the App Store and downloads apps for Bulldog Reports and The Bulldog Show to your Apple and Android mobile devices. It’s free!

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Bulldog Regional/Local

Kentucky State Police have confirmed they are conducting an investigation into the allegations

Entertainment

Also , Begged Joe To Run For WH To Salvage His Own Reputation And Made Porn Films With Prostitutes. Forensic Experts Prove Laptop IS...

National News

By Mark Hansel Bulldog Report managing editor The inaugural Freedom Fest in Morning View, Kentucky, drew a crowd of thousands to the farm of...

Health

Letter from St. E doctors and other healthcare professionals expresses strong opposition to mandate Deters law has received a copy of a letter from...