Re:Google has added ads on both its search page and Chrome:/...
by eigen on Friday September 30, 2022 @03:06PM
(#33039260)
> The link you posted supports the GP’s assertion that not declaring the current economic situation as a recession is politically motivated.
1/5 indicators shows significant decline (real GDP) I'll give you. but 1/5 is slight decline (real income 1% down), the other 3 (employment, industrial production, retail sales) are up. this is based on data available from FRED, do you have data showing otherwise?
links at https://news.ycombinator.com/item?id=33032470#33036403
That there could and should be some more sophisticated, objective definition of a recession than “two years of GDP decline” isn’t in question. But, at least according to your own source, NBER fails to provide that definition and is commonly criticized for is subjectivity during political years.