The July 28 Announcement of Q2 GDP Will Not Mean Recessionerin_meade@hks…Fri, 08/05/2022 - 16:41 Thu, 21 Jul 2022 12:00:00 UTC
On July 28, the US Bureau of Economic Analysis will release its advance estimate of economic growth, as measured by GDP, in the just-completed second quarter of the year. The announcement is attracting more than the usual eager anticipation. The reason is that many observers predict that the Q2 GDP number will be negative and that this will officially confirm widespread