US economy returned to growth last quarter, expanding 2.6%

Re:US economy returned to growth last quarter, expanding 2.6% by pclmulqdq on Thursday October 27, 2022 @02:22PM (#33361760)

I think there are signs that the economy is balakanizing, and that is not a good thing. We see the same thing near us: construction and landscaping are booming.

In some other places, I hear that there is no work in that profession. The same appears to be happening to companies, with Facebook down 20% today while oil companies see no signs of recession.

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Re:US economy returned to growth last quarter, expanding 2.6% by importantbrian on Thursday October 27, 2022 @03:41PM (#33362965)

Facebook probably isn't the best example. They're down because they've made some really awful business decisions. I don't think their issues are the result of larger economic headwinds.

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