Federal Reserve

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

Latest news