Is the U.S. economy in a recession or not? WRCR market analyst Ken Mahoney of Mahoney
Asset Management in Chestnut Ridge says yes, based on the traditional definition of
recession, we are…
NPR reported yesterday the economy dipped in the last quarter by 0.9%. It’s the second
quarter in a row in which the economy has gone south. In the first quarter, the GDP
decreased at a rate of 1.6%.