Congressional Record

What Makes a Recession


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Inflation was a top issue in last week’s election. High prices have made many people question whether we’re in a recession, or at least headed towards one. Despite two consecutive quarters of decreased GDP, which many use as a measure for a recession, most economists are arguing that the U.S. is not in a recession yet as low unemployment and fairly consistent job growth keeps the economy running.

For a deeper dive into the topic, check out this Prolegis Briefing:

- https://www.prolegis.com/briefings/defining-recession

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Congressional RecordBy Prolegis