Biden Administration officials cannot hide the reality of the United States economy.
After GDP (gross domestic product) declined for the second consecutive quarter, the United States is officially entering a recession.
“Gross domestic product fell 0.9% at an annualized pace for the period, according to the advance estimate,” CNBC reported.
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“That follows a 1.6% decline in the first quarter and was worse than the Dow Jones estimate for a gain of 0.3%.”
BREAKING: 🇺🇸 United States is officially in a recession following two consecutive quarters of negative GDP growth.
— Watcher.Guru (@WatcherGuru) July 28, 2022
REPORT: The United States is entering a recession.