US economy shrank 0.9% last quarter, its 2nd straight drop, raising fears of recession Gotham Rex 3 years ago Consecutive quarters of falling GDP constitute one informal, though not definitive, indicator of a recession. Source: Check out ABC 7 for more… Share: Click to share on X (Opens in new window) X Click to share on Facebook (Opens in new window) Facebook Click to share on LinkedIn (Opens in new window) LinkedIn Click to share on Pinterest (Opens in new window) Pinterest Click to share on Reddit (Opens in new window) Reddit Biden officials downplay recession risk — despite experts’ warningsDateJune 19, 2022In relation toNew York CityRecession 'not inevitable,' Treasury Secretary says: What to know as stocks plunge, inflation risesDateJune 20, 2022In relation toPersonal Finance,inflation,wall street,economy,gas prices,u.s. & world,stock market,recessionHow millions of missing workers are making do without a jobDateDecember 12, 2022In relation toPersonal Finance,inflation,economy,jobs hiring,stock market,u.s. & world,unemployment,jobs,recession