
Americans brace for economic reports, as concern of 'recession' grows
An ASU economist says the latest economic reports point to a recession or at least back-to-back quarters of negative gross domestic product.
In this article aired July 26 2022, on ABC 15 Arizona:
Inevitable is a big word, [but] I think that the odds are increasingly pointing in that direction that we will be in at least some form of technical recession over the next 18 months at some points.
– Dennis Hoffman, director of the L. William Seidman Research Institute and director of ASU's Office of the University Economist
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