Is South Africa In Recession
- The US is in recession, or is it?
- The American economy shrank by 1.6% in the first quarter of 2022, with a second quarter contraction of 0.9%.
This stoked a massive online debate over whether the US economy is in recession or not.
So, what is it, and should we be worried? What is a recession?
The US National Bureau of Economic Research defines a recession as “a significant decline in economic activity that is spread acros... ››› more
- [03 August 2022]