Never mind the glad handing headline here. The real news is in the story. Household spending rose less than 1% in the last quarter. Inflation ate up virtually all of that. BUsiness investment is down.
There will be growth in the second quarter this year. Folks, we are looking at a recession.
With Stronger Consumer Spending, U.S. Economy Is Poised for 3% Growth - TheStreet
There will be growth in the second quarter this year. Folks, we are looking at a recession.
With Stronger Consumer Spending, U.S. Economy Is Poised for 3% Growth - TheStreet