The group that gets to decide these kinds of things, the National Bureau of Economic Research, announced today that we’re officially in a recession.
And have been since December of last year.
Just a quick translation. When they say ‘peak’ in economic activity? That means it’s all been downhill from there.
Stories You Might Like
There’s a lot happening in the world. Through it all, Marketplace is here for you.
You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible.
Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.
