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Is the US in Recession? Preferred White House Data May Answer Question

Is the US in Recession? Preferred White House Data May Answer Question
Treasury Secretary Janet Yellen speaks as President Joe Biden holds a meeting with business leaders and CEOs at the White House on Oct. 6, 2021. Kevin Lamarque/Reuters
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News Analysis

When the U.S. economy recorded back-to-back quarters of negative economic growth—the technical definition of a recession—in the first half of 2022, the White House dismissed the data.

Andrew Moran
Andrew Moran
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Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."
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