US economy shrinks for 2nd consecutive quarter l GMA



ABC News’ Rebecca Jarvis breaks down the latest figures as fears of a recession loom.

READ MORE:
As US economy slows, Biden resists recession label and touts ‘historically strong’ job market: https://abcn.ws/3Jcqcml

#ABCNews #Recession #Economy

Original source (ABC/Youtube)

22 comments

  1. Thanks the Dems and the idiot Biden … they blame Trump every time 😂😂😂😂

  2. Investing in crypto now should be in every wise individuals list, in some month up sees time you'll be ecstatic with the decision you made today.

  3. Let’s go Brandon!

  4. Bring on the recession. Just keep saving money for cheap housing.

  5. Last week, Warren Buffett talked in BBC NEWS on how investors and traders can make millions. Her recommended an Expert called "Layla Claire Wondering if viewers here are familiar with she's services..?

  6. Can we get some HELP$$&&&& people need $$$$$

  7. I don't care what the Biden administration says. The world, as we know it. Is slowly, but surely. Coming to an end. You got, fires. In one part of the country. Then you got, flooding. In another part of the country. Inflation. Infecting and affecting. The whole dang country. And on top of all that? You got people killing people. Now tell me, that it ain't something wrong with all of that.

  8. Well they gave billions away to Ukraine and they still have not paid there Det back to China.

  9. They need to raise taxes

  10. It’s better then it’s ever been with joe Biden at the wheel

  11. So it is a recession since recession means decrease in gdp growth in 2 consecutive quarters

  12. Just like they said it’s transitory. Lies lies lies upon more lies

  13. And the FED said rates will have to go higher just balance out the inflation and fix the economy

  14. Gasoline around here dropped from $4.59 to $4.19. Thank goodness for the Putin price cuts. BTW, it was $1.79 when took office

  15. Gas prices have risen all over the world not just in America.

    Go protest outside the homes of the ExxonMobil & Chevron CEOs and their family members until they lower gas prices.

  16. Good job biden voters

  17. It’s called a recession

  18. This is what my company proposed for the border. https://youtu.be/IZYlaq9pVrU

  19. We are in the middle of a recession and Chucky Schumer wants to raise taxes with his Bill with mancian? Will the insanity ever end?