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A comment on US economy returned to growth last quarter, expanding 2.6%. Parent comment

Re:US economy returned to growth last quarter, expanding 2.6% by Mikeb85 on Thursday October 27, 2022 @12:38PM (#33360189)
The recession is real (but probably won't materialize until we see the 4th quarter of this year's numbers). Lots of sectors are seeing reduced consumer spending, layoffs and of course interest rates rising reduces capital spending.
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Re:US economy returned to growth last quarter, expanding 2.6% by zeroonetwothree on Thursday October 27, 2022 @12:53PM (#33360467)
Overall spending and employment are still increasing. There are always some sectors growing and some shrinking. It doesn’t mean the whole economy is in recession.
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