Four Signs A Recession Could Be Short And Shallow​

Published Friday, June 24, 2022 at: 8:26 PM EDT

As data on U.S. economic growth for the second quarter trickles in over the next month, signs that a recession is already under way may emerge. The economy is on the cusp of a recession. The economy shrunk by -1.5% in the first quarter of 2022 and the second quarter could be negative and, thus, begin a recession officially. However, some very key fundamentals remain positive and indicate a recession could be short and shallow. States are flush with cash. State and federal tax receipts are larger than expected. State revenue has soared during the pandemic, as a result of federal stimulus...

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This article was written by a veteran financial journalist based on data compiled and analyzed by independent economist, Fritz Meyer. While these are sources we believe to be reliable, the information is not intended to be used as financial advice without consulting a professional about your personal situation.

Indices are unmanaged and not available for direct investment. Investments with higher return potential carry greater risk for loss. Past performance is not an indicator of your future results.

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