Not officially a recession, but not great either 📉

GDP declines for a second quarter in a row 📉

(Source: Getty)

Are we in a “recession,” or aren’t we?

The economic and political worlds are in the midst of a heated debate about how we should define economic recessions.¹ Ultimately, it’s an unproductive debate about semantics.

The bottom line: Many economic metrics are cooling, some important ones are even contracting, and some even more important ones …