US enters technical recession as economy shrank 0.9% in Q2



The U.S. enters a recession following two quarters of negative GDP growth. FOX Business’ Edward Lawrence with more.

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24 comments

  1. Recession? It’s a slow down… transitory

  2. Do you need multiple times your cash?? I suggest you the
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  3. RECESSION means: goal for the left side

  4. I'm having fun cutting stuff out. Pop tart bits went up one dollar so I no longer buy them. However Ritz handy snack crackers didn't go up so they get rewarded.

  5. We are not in a recession, just transitory of reduced economic activity to a DEPRESSION !!!

  6. The tailend end of a 'Bullwhip Effect'
    is a sting in the arse.

  7. I'm so lucky that my whole life my family has never been affected by recessions. We never felt the 2008 recession and certainly don't feel it now. I can literally spend, at least at most I try to spend $100 monthly on pure luxury items I may want. Though honestly, I try to spent that money to help small Mexican businesses in Mexico, especially the indigenous population.

  8. Its a booming economy!!! C'mon man!! America Last.

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  10. I redefine what a president means. Joe is not president

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  12. People on bloomberg think if they can subsidize the big tech & tesla bubble then it won't be a reccesion. America is turning into a Tesla republic except the only problem is nobody's driving Tesla's. Also, nobody cares for these not needed big tech companies who deemed 95% of America racist.

    We can't eat semi conductors and offshore facebook as a commodity to trade, and if Americans can't afford Tesla's who in the world can? We should vote to kick California out of America and let them figure out how to starve on their useless technology. Its better than the whole country paying for their mistakes. I say kick them out along with every California based company on the stock market. They can be replaced on the DOW Jones top 30 with useful products that people need.

    Let us know when you guys can press a button on a machine and materialize a fillet mignon from thin air and we'll let you back in. Other than that nobody needs your fake metaverse to escape the living hell you created. We just need to get rid of you to fix that.

  13. 🙍‍♂Biden and the media want to cover-up the USA recession. They don’t “identify” with recession, just as some biological males don’t “identify” as males. In the progressive universe, if you’ve don’t feel like it’s a recession, it’s not a recession. Psychology overrides reality! If you are in the Biden, GOP/Democrat’s zombies world buy stocks now, I will start dumping in 07/29/2022🤶

  14. The violence, misinformation, and discrimination are the point of conservatism and republicans celebrate it.

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  16. Sleepy Joe and the idiot Democrats doing a fantastic job with everything so far👍

  17. I'm sure it's down more than that. What democrat doesn't lie.

  18. Why are we STILL pretending this is a legitimate administration?!

  19. its more like 1.3%..but like everything with this administration they are clueless..

  20. With everything increasing so fast we have to be in a recession. It is hurting seniors. Whatever we got for cost of living pretty much was eaten up with ins. premiums.

  21. Is this like the time $5 trillion in spending wouldn’t cost a “red cent”

  22. Websters definition of recession two consecutive quarters negative

  23. Why is fox business calling it a “technical recession”. Numbers are real right?

  24. when you see your democrat friend, make sure you punch them in the face