This week’s gross domestic product reading may show a contracting economy, but don’t assume we’re in a recession. Plus, a trip to an offshore wind farm near Massachusetts.
NEW YORK, NEW YORK - JULY 25: Traders work on the floor of the New York Stock Exchange (NYSE) on July 25, 2022 in New York City. Stocks rose slightly in morning trading as investors weigh the upcoming Federal Reserve meeting this coming Wednesday.
A record-high percentage of firms are facing supply shortages, the National Association for Business Economics found, and most are passing cost increases om to customers.