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Still waiting for that recession people have been worried about 🕰️

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Still waiting for that recession people have been worried about 🕰️

The data continues to suggest we're not barreling toward a recession 🤷🏻‍♂️

Sam Ro, CFA
Apr 27, 2023
∙ Paid
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A weird AI-generated image of people looking at clocks.

U.S. GDP grew at a 1.1% rate during the first three months of this year, according to fresh data from the Bureau of Economic Analysis.

There are a lot of details behind that figure, including the fact that personal consumption accelerated to a 3.7% rate during the period.

But the bottom line is that while the economy may be cooling, it’s pretty clearly not in recession.

A year’s worth of worries 😩

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